NYC Jail Marketed as Affordable Housing Site – NMP Skip to main content

NYC Jail Marketed as Affordable Housing Site

Jun 29, 2015
According to a DNAInfo report, the now-closed Spofford Juvenile Detention Center in the Hunts Point section of the Bronx is being marketed by the New York City Economic Development Corporation (NYCECD) to developers

In an effort to alleviate New York City’s evaporating level of affordable housing, the city is trying to interest developers in turning a shuttered jail into a new residential complex.

According to a DNAInfo report, the now-closed Spofford Juvenile Detention Center in the Hunts Point section of the Bronx is being marketed by the New York City Economic Development Corporation (NYCECD) to developers. The site consists of four parcels spread across 207,000-square-feet, and the city is also encouraging the inclusion of commercial real estate projects on the site to bring new jobs to the neighborhood.

"For years, the Hunts Point community has sought a vibrant, progressive use for the Spofford Campus, and we look forward to examining proposals that advance the Mayor's affordable housing goals and create new live/work opportunities in The Bronx," said NYCEDC Interim President Kim Vaccari.

Any new project will certainly help erase the stain that the jail left on the area: Spofford was closed in March 2011 after 54 years of operations amid complaints that youthful offenders were subjected to physical and emotional abuse by jail staff while in custody. The campus is now home to a Head Start program called La Peninsula, and NYCECD added that any proposal for developing the property would have to ensure the program either remain on-site or is relocated to an appropriate location near the site.

About the author
Published
Jun 29, 2015
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026