New York City’s Department of Housing Preservation and Development (HPD) has selected a trio of companies to convert an existing parking lot into a low-income housing property for seniors and the formerly homeless. Located at 542 Dean Street in Prospect Heights, transformation of the city-owned lot will be led by Jobe Development Corp., Mega Group Development, and the Institute for Community Living, a non-profit agency based in New York.
In The Media
Op-ed: Mamdani should scale affordable housing services to help the homeless
No single policy will solve New York City’s homelessness crisis on its own, but a little-known program with tremendous potential offers one of the most
February 24, 2026
