Non-profit organization Breaking Ground has closed on a $140 million deal for an affordable senior housing development in Jamaica, Queens. As reported in Crain’s New York Business, the 15-story building will span 151,000 square feet at 97-10 Sutphin Boulevard and will provide 173 units of housing for seniors at or below 50% of Area Median Income (AMI); 30% will be reserved for individuals currently experiencing homelessness. The development also will include an ambulatory health facility. HSE served as deal counsel.
Breaking Ground Closes Deal for Affordable Senior Housing Development in Jamaica, Queens
by Hirschen Singer & Epstein LLP | Apr 10, 2023 | Client News