Affordable Housing For Seniors Opening in Historic Hotel on 79th Off Columbus: CB7 Committee Report

Seventy-seven affordable apartments for seniors will be coming to 117 West 79th Street, between Columbus and Amsterdam, thanks to a collaborative effort by Fairstead, a purpose-driven real estate developer and Project FIND, a nonprofit organization that provides senior housing.

The 60-day lottery for the building, a historic hotel called Park 79, will open this summer. Twenty-four of the units will be set aside for formerly homeless seniors. None of the residents will pay rent of more than 30% of their income, according to a presentation to the CB7 Housing Committee on Monday evening, by David Gillcrist, deputy director of Project FIND.

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