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Stewart Hotel Affordable Housing Conversion

Sector: Hotel • Location: New York, United States

Source: Crain's New York Business

Project
Planned

Slate Property Group and Breaking Ground acquired the Stewart Hotel in Midtown Manhattan to convert the 31-story hotel into 579 affordable apartments for low-income households and formerly homeless individuals. The redevelopment includes office space for on-site social services and aims for rapid construction within 24 months due to the building's existing layout compatibility with residential use

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Project Information

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The project “Stewart Hotel Affordable Housing Conversion” is an infrastructure initiative in the Hotel sector, located in New York, New York, United States. Taiyo aggregates data on it from Crain's New York Business.

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planned

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Description

Description

Slate Property Group and Breaking Ground acquired the Stewart Hotel in Midtown Manhattan to convert the 31-story hotel into 579 affordable apartments for low-income households and formerly homeless individuals. The redevelopment includes office space for on-site social services and aims for rapid construction within 24 months due to the building's existing layout compatibility with residential use.

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