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.
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