Zoning Page

Recommended Approval: Disposition of 120 Wall Street for 150-Unit Supportive Housing

  • When: 2025/10/29
  • Address: 120 Wall Street
  • City: New York
  • State: NY
  • Category: City Properties
  • Asset Class: Specialized Housing
  • Property Type: Supportive Housing
  • Size (SF): 120,000 SF
  • Size (Units): 150 Units
  • Size (Dollars): $45,000,000
  • Planning Department: True

A resolution to authorize the disposition of city-owned property located at 120 Wall Street for use as a supportive housing facility. The disposition involves a lease agreement for 50 years to a qualified non-profit organization to develop and operate the facility. The property is currently vacant and underutilized. This initiative aims to address the urgent need for affordable and supportive housing in New York City. The facility will provide approximately 150 units of supportive housing.

Source

Applicant - Department of Citywide Administrative Services (DCAS)

City Representative - Michael Rodgers

[email protected]