Mayor Zohran Mamdani is turning an underused East Village NYPD parking lot into affordable housing.
The parking lot, located at 324 E. 5th Street, will be converted into 131 affordable homes and will include a senior center, community space, and replacement parking facilities, the mayor’s office announced on Monday.
The project, dubbed “The Aurea,” will reserve 30% of apartments for formerly homeless New Yorkers, on top of providing for low-income New Yorkers.
It will also feature landscaped terraces, green roofs and all-electric building systems and provide on-site supportive services for residents.
Mamdani said it will put community stewardship “at its center” through a “community land trust.”…