The New York City Council’s Land Use Committee voted 9-0 to approve the controversial Monitor Point project at 40 Quay Street, bringing it one step closer to becoming a done deal.
Greenpoint and Williamsburg’s city council member, Lincoln Restler, ultimately approved the project after the developer committed to increasing the number of affordable units to 50%. This means that Gotham Organization, the developer, will create 662 permanently affordable units, “including approximately 110 supportive housing units,…