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

Former NYC Juvenile Jail to Become Housing Complex

Phil Hall
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.”

 
Published
Mar 23, 2018
Homeward Lays Off 20% Of Staff

Alternative real estate financing company cut about 120 jobs.

Industry News
Aug 12, 2022
Lone Peak Lending Joins Panorama Mortgage Group

Names Donovan Stamps as president.

Industry News
Aug 11, 2022
Fairway Independent Mortgage Hires Former PrimeLending President

Firm says Scott Bristol is part of aggressive originator expansion.

Career
Aug 11, 2022
Mortgage Rates Jump Back Above 5%

Freddie Mac says rates recent volatility continues.

Industry News
Aug 11, 2022
Redfin: Share Of Relocating Buyers At All-Time High In July

People are looking for less expensive and better lifestyles.

Industry News
Aug 11, 2022
Redfin Expands iBuying Business To Florida

RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.

Tech
Aug 11, 2022