Governor Hochul Unveils The Pearl: Staten Island’s $155M Affordable Housing Milestone for Vulnerable Seniors
(WNY News Now) New 270-Unit Development Offers Safe, Supportive Homes for Seniors and Families in Bay Street Corridor.Governor Kathy Hochul announced the completion of The Pearl, a new 270-unit mixed-use affordable housing development in Staten Island s Bay Street Corridor neighborhood. The $155 million project includes 138 apartments for formerly unhoused seniors with on-site supportive services, and retail space. In the past five years, New York State Homes and Community Renewal has created or preserved more than 500 affordable homes on Staten Island. The Pearl continues this effort and complements Governor Hochul s $25 billion five-year Housing Plan which is on track to create or preserve 100,000 affordable homes statewide.The Pearl is a shining example of how increasing housing suppl...