Deals & Dealmakers

Parking lot now affordable homes

City and state officials joined developer BRP Companies to celebrate the opening of Macedonia Plaza.
Built on an underused former city-owned site in Flushing, Queens, the newly constructed building located at 37-08 Union Street provides 143 affordable apartments for very low- and low-income New

Yorkers as well as new retail space that will be occupied by Tree of Life NY grocery store later this year.
The new 14-story, 161,760 s/f affordable rental building makes productive use of a portion of a former municipal parking lot, combined with underused air rights made possible through collaboration with a community partner, the adjacent Macedonia AME Church.

Macedonia Plaza includes 143 affordable apartments. Twenty-nine units are affordable to households earning an annual income as low as $19,063 and up to $24,080 for an individual, or between $24,515 and $30,960 for a household of three.

The remaining 113 rental units are affordable to households earning an annual income within a range of $29,383 and $36,120 for an individual.

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