What is the latest status of the project “Chelsea NYCHA Public Housing Redevelopment Plan”?

The status recorded for “Chelsea NYCHA Public Housing Redevelopment Plan” is on hold.

What is the budget and commercial profile for the project “Chelsea NYCHA Public Housing Redevelopment Plan”?

Taiyo normalizes the budget of “Chelsea NYCHA Public Housing Redevelopment Plan” to USD 2000000000.

Where can I verify the source and access all details for “Chelsea NYCHA Public Housing Redevelopment Plan”?

This Taiyo project page references Crain's New York Business along with the original URL (https://www.crainsnewyork.com/real-estate/commercial/cny-appeals-court-halts-nycha-chelsea-redevelopment-20260326/). Taiyo standardizes official data into a consistent, searchable project profile.

Chelsea NYCHA Public Housing Redevelopment Plan

Sector: Commercial • Location: New York City, New York, United States

Source: Crain's New York Business

Project

On Hold

A $2 billion plan by the New York City Housing Authority (NYCHA) and private developer Related Cos. to demolish 19 buildings holding 2,056 apartments in the Fulton and Elliott-Chelsea complex and replace them with new towers housing 1,000 affordable and 2,500 market-rate units. The project aims to serve as a model for rehabilitating public housing across New York City.

Status: Failure
Sector: Commercial, Residential
Location: New York City, New York, United States of America
Updated: 22 Jul 2026
Source: Crain's New York Business

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Project Information

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The project “Chelsea NYCHA Public Housing Redevelopment Plan” is an infrastructure initiative in the Commercial sector, located in New York City, New York, United States. Taiyo aggregates data on it from Crain's New York Business.

Participants

Not available for this record.

Status

Original status	on hold
Taiyo status	Failure
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A $2 billion plan by the New York City Housing Authority (NYCHA) and private developer Related Cos. to demolish 19 buildings holding 2,056 apartments in the Fulton and Elliott-Chelsea complex and replace them with new towers housing 1,000 affordable and 2,500 market-rate units. The project aims to serve as a model for rehabilitating public housing across New York City.
Original sector	Public Housing
Budget

Location

Country	United States of America (USA)
State	New York
City	New York City

Source

Source	Crain's New York Business
URL

More Details

Record type	Project
Sector	Commercial, Residential
Article published date	2026-03-29

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