Manhattan Borough President Supports Restoration of Historic Church and Affordable Housing Development
A significant development project on the Lower East Side of Manhattan is advancing, following the endorsement of Manhattan Borough President Brad Hoylman-Sigal. The project involves the restoration of the historic St. Augustine’s Chapel, a landmark since 1966, and the construction of a 21-story mixed-use building that will include 130 affordable housing units. The development, led by Fulcrum Properties with architectural input from Think! Architecture and Design, RKTB, and Li-Saltzman Architects, aims to provide income-restricted apartments for families earning 50, 80, and 110 percent of the area median income. Additionally, 15 percent of the units will be reserved for formerly homeless individuals. The project also includes retail and community spaces, with revenue from the new building supporting the church through a 99-year ground-lease agreement. 
