The Parcel 24 Plan responds to the Hudson Street for Chinatown coalition's Vision by including a mix of approximately 50% affordable rental and homeownership units and 50% market rate homeownership units, a terraced open space, community space, ground floor retail, and underground parking, incorporated into a neighborhood-sensitive sustainable design.

Community Benefits

• A sensitive, sustainable design that responds to the surrounding context and restores Hudson Street to a vibrant residential community;
• Creation of approximately 325 units of much-needed community housing, including approximately 70 affordable rental units, approximately 66-99 affordable condominiums and 156-189 market-rate homeownership opportunities.
• “Smart growth” development that provides connection to public transportation, neighborhood serving retail, community space, open space and a terraced park between Hudson and Albany Streets to enhance the civic space of Chinatown;
• Economic development in the form of construction and permanent jobs; and
• ACDC, a community-based organization serving the needs and interests of Chinatown, will hold a long-term interest in the property and manage the affordable rental units.

Download the Parcel 24 Information Sheet [pdf, 680kb]

Please contact Janelle Chan, Project Manager, for further information.