As reported in New York YIMBY, construction on the second phase of mixed-use affordable development Sendero Verde is more than 50% complete. This phase will deliver 361 permanently affordable rental units for low-to-moderate income families and the formerly homeless. When completed, the 395,000-square-foot tower will be the largest Passive House development in the world. Sendero Verde is developed by Jonathan Rose Companies, L+M Development Partners, and Acacia Network. HSE served as deal counsel.
Recent Posts
- “Hudson Companies and Housing Works Close $119 Financing for The Lirio,” NYREJ
- “Officials cut ribbon on more than 300 affordable apartments at Greenpoint Landing,” Brooklyn Paper
- “Greenpoint Waterfront to Host Hundreds of Affordable Homes, Including Homeless,” Brooklyn Daily Eagle
- Three HSE Projects Make Urban Land Institute List of 5 Affordable Housing Projects Shaping New York City
- “New Greenpoint Waterfront Tower Highlights Affordable Housing Hurdles and Benefits,” The City
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