The massive 948 unit Mitchell-Lama housing complex in Soundview, Stevenson Commons, will undergo major and much needed capital improvements and upgrades all the while preserving their affordability for at least another 40 years.
Located at 755 White Plains Road at Lafayette, Stevenson Commons will undergo a $36 million renovations and upgrades of roofs, elevators, lobbies, security systems, new landscaping and all apartments will get new kitchens and bathrooms including appliances, countertops, cabinets, and tiles―all while preserving affordability.
This is a huge relief for residents since the rents are extremely affordable and below market rate, ranging from $646-$812 for a studio for folks making $21,720 to $48,100 and $1,299 to $1,631 for a four bedroom for incomes ranging $38,360 to $90,700 depending on family size.
At least these apartments are saved for a couple more generations.
