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Silverstein’s Astoria megaproject ups affordable housing commitment

From left: Silverstein Properties' Larry Silverstein and New York City Councilmember Julie Won along with a rendering of Innovation QNS (Getty Images, Julie Won for City Council, Innovation QNS Official Site) — From left: Silverstein Properties’ Larry Silverstein and New York City Councilmember Julie Won along with a rendering of Innovation QNS (Getty Images, Julie Won for City Council, Innovation QNS Official Site)

Source: The Real Deal

The developers of a $2 billion megaproject in Queens are ceding more affordable housing to the community in another stab at pushing the project past the finish line. In a letter to the local council member, the developers behind Innovation QNS increased the Astoria project’s affordable housing commitment from 25 percent of the project’s 2,800 units to 40 percent, according to the Queens Daily Eagle. About 500 units would rent at 30 percent of the

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