NEW YORK (Reuters) -Goldman Sachs will finance a $270 million affordable housing project to build 385 apartments in the East New York neighborhood of Brooklyn, New York Governor Kathy Hochul’s office said.
The city’s housing crunch and rising rents have become a key focus of Democratic mayoral candidate Zohran Mamdani’s campaign.
The project financed by Goldman’s Urban Investment Group will include commercial space, the governor’s office said in a statement…