Chinese-American Planning Council breaks ground for Broome St. development
The Chinese-American Planning Council (CPC), in partnership with the Gotham Organization, today held a ceremony to celebrate the groundbreaking of both 55 Suffolk Street and 64 Norfolk Street in the Lower East Side. CPC chose the Gotham Organization as its partner to help plan and build the proposed community in 2017, concluding an extensive RFP process. The two organizations partnered over a period of four years concluding with a ULURP approval for the mixed-use community in February 2020. In December, the development team closed on a total $230 million financial capitalization of 55 Suffolk...
Source: rew-online.com