Photo courtesy of HPD
July 27, 2022
Affordable homeownership project will bring 26 new co-ops to a blighted Chelsea corner
A new affordable homeownership project, decades in the making, is underway at 201-207 7th Avenue in Chelsea. The city's Department of Housing Preservation and Development, Council Member Erik Bottcher, and Asian Americans for Equality (AAFE) on Tuesday joined community leaders and residents in a groundbreaking celebration for a project that will turn a neglected corner site located in one of Manhattan's most expensive neighborhoods into co-ops for low and moderate-income households.
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