242 East 106th Street
242 East 106th Street Granted Approval
By issuing no veto, the NYC Mayor's Office has approved a proposal, submitted by the NYC Department of Housing Preservation and Development (HPD), for a 10-story, affordable housing development, at 242 East 106th Street in Manhattan's East Harlem neighborhood. The proposal application entered the public review process in April and was then evaluated by Manhattan's Community Board 11, Manhattan's Borough President, the City Planning Commission, and the City Council before ultimately getting the final head nod from the NYC Mayor's Office.
While permits have already been filed for the building itself, the HPD's approved application will facilitate units that fall under the ShareNYC pilot program. This program is an initiative that seeks to utilize shared housing as a way to help the HPD expand its high-quality affordable living options. Shared housing units are defined by the HPD as consisting of two or more independently occupied rooms that share a kitchen and/or bathroom.