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Long Island City’s Affordable Housing Breakthrough | Real Estate News
Long Island City is about to get a massive new housing project called The Orion, with nearly 70% of its 1,000+ units dedicated to affordable housing — the largest such share in the city’s history. Spread across three waterfront buildings, the complex includes 650 affordable apartments, plus vital community amenities like a daycare and workforce center. Designed to support residents experiencing homelessness, the project also offers shared luxury features like an indoor pool for all. Using a novel financing model, officials hope to replicate this success in other underserved neighborhoods…
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