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Soho’s New Affordable Housing Win | Real Estate News
Soho’s getting a major housing boost with a 20-story affordable tower at 257 Canal Street, offering 88 permanently affordable units—half of them supportive housing for young adults leaving foster care. Landmarks Preservation Commission gave it unanimous approval, praising its design and fit with the neighborhood. This project is part of a broader rezoning effort to bring more affordable housing to historically affluent Soho, backed by city funding and rental assistance. It’s not the first new development since rezoning kicked in—just last month, another big project at 277 Canal Street got the…
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