Governor Kathy Hochul today announced completion of Baisley Pond Park Residences, a 318-unit, $167 million affordable housing development in South Jamaica, Queens. The project transformed the vacant JFK Hilton hotel into affordable and supportive apartments. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has created or preserved more than 2,600 homes in Queens. Baisley Pond continues this effort and complements Governor Hochul’s $25 billion five-year Housing Plan which is on track to create or preserve 100,000 affordable homes statewide.
“Baisley Pond Park Residences shows what’s possible when New York moves with creativity, and purpose to meet the housing crisis head-on,” Governor Hochul said. “By transforming a long-vacant hotel into hundreds of affordable homes, we’re delivering real results for low-income and formerly homeless New Yorkers while making smarter use of existing buildings. This first-of-its-kind conversion reflects our commitment to expanding housing supply, supporting vulnerable New Yorkers, and building stronger, more equitable communities across the State.”
Located at the former Hilton hotel near JFK Airport in Queens, the development is the first hotel-to-residential conversion project to be completed under the State’s Housing Our Neighbors with Dignity Act (HONDA). All apartments are affordable to households earning up to 60 percent of the Area Median Income. There are 191 supportive apartments reserved for eligible formerly homeless households. The development also includes units that are accessible and equipped for people with mobility impairments, as well as hearing and visual impairments…