Affordable Housing Coming to WTC
5WTC Gets Affordable Housing Boost But Neighbors Demand Pause for More Developers hung a rendering of 5 World Trade Center on a fence around the construction site, July 14, 2021. | Ben Fractenberg/THE CITY By Gabriel Poblete, The City This article was originally published on May 25 6:52pm EDT by THE CITY NEW YORK - A new tower at the World Trade Center will include 360 affordable apartments under measures approved by two key government bodies — more than previously promised, but short of the 100% sought by advocates. Developers of the planned 5WTC would set aside 30% of 1,200 apartments as income-restricted affordable housing under measures approved by the boards of the Port Authority and Empire State Development this week. Previously, the plan called for 25% of the project’s unit to be income-restricted housing. Though it now includes more affordable apartments, the newer plan sets those units aside for households earning more money than in previous iterations o...