Former NYC Juvenile Jail to Become Housing Complex – NMP Skip to main content

Former NYC Juvenile Jail to Become Housing Complex

Mar 23, 2018
One of New York City’s most notorious juvenile detention centers is getting a new lease on life as a 700-unit affordable housing complex

One of New York City’s most notorious juvenile detention centers is getting a new lease on life as a 700-unit affordable housing complex.
 
According to a New York Daily News report, the City Council Thursday unanimously approved plans to turn the former Spofford Juvenile Detention Center in the Bronx into a $300 million, five-acre campus called The Peninsula, which will include ground-floor retail and light industrial manufacturing space in addition to new housing. All 700 of the units will be income-restricted, with apartments reserved for those making from 30 percent to 90 percent of the area median income.
 
Seventy-five units will be set aside for formerly homeless residents.
 
The massive and imposing Spofford was shut down in 2011 following years of complaints of harsh treatment of juvenile inmates. In a statement, Mayor Bill de Blasio praised the new project as opening a new chapter for the city, noting that “we are seeing a community rising and the righting of old wrongs.”

 
About the author
Published
Mar 23, 2018
Commercial, Multifamily Mortgage Debt Tops $5 Trillion In Q1

MBA says outstanding debt grew by $26.3 billion in the first quarter, led by multifamily lending and increased holdings from banks, agencies, and life insurers

Jun 18, 2026
Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

Jun 18, 2026
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026
Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power

Jun 16, 2026
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Jun 12, 2026
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Jun 02, 2026