The preservation of affordable housing in NYC will always be an enormous challenge. Not only is New York one of the most expensive cities in the world, with very little room left to build, it is being constantly reinvented. Neighborhoods that a decade ago were neglected, or primarily heavy industry, become today’s hottest residential markets, with rents rising higher than anyone can predict.
Manhattan, NY Olshan Properties unveiled plans for the transformation of 99 Hudson St., one of TriBeCa’s most celebrated commercial buildings. Located at the northwest corner of Franklin St. and Hudson St., 99 Hudson St. rises 17 stories and contains 175,000 s/f of office space.