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The Perennial Affordable Housing Project

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

Source: REBusinessOnline

Project
Under Construction

The Perennial is a $150 million affordable housing project in the Forest Hills neighborhood of Queens. It involves the conversion of the former Parkway Hospital building into 145 residential units, including 124 senior units with 44 reserved for formerly homeless individuals, and family units. All units are reserved for households earning 50% or less of the area median income.

Status
Under Construction
Sector
Hospital, Residential, Commercial, Road
Location
New York City, New York, United States of America
Updated
22 Jul 2026
Source
REBusinessOnline

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The project “The Perennial Affordable Housing Project” is an infrastructure initiative in the Hospital sector, located in New York City, New York, United States. Taiyo aggregates data on it from REBusinessOnline.

Participants

Company

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Perennial is a $150 million affordable housing project in the Forest Hills neighborhood of Queens. It involves the conversion of the former Parkway Hospital building into 145 residential units, including 124 senior units with 44 reserved for formerly homeless individuals, and family units. All units are reserved for households earning 50% or less of the area median income.

Original sector

Residential

Budget

Location

Country

United States of America (USA)

State

New York

City

New York City

Source

Source

REBusinessOnline

URL

More Details

Record type

Project

Sector

Hospital, Residential, Commercial, Road

Article published date

2025-09-21

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