Adams Unveils Ambitious Plan for 3,000 New Homes at Former Flushing Airport
Deal News | Jul 28, 2025 | New York City Economic Develop
The former Flushing Airport site in New York City is set to be transformed into a major housing development that will include 3,000 new homes and public green space. This initiative, led by Cirrus Workforce Housing and LCOR Incorporated in partnership with NYCEDC and Mayor Eric Adams, aims to address the city's pressing affordable housing crisis. The project's design incorporates sustainable elements and is committed to using 100% union labor, aligning with broader city efforts to create more equitable and family-friendly neighborhoods. The plan is part of a wider strategy to build affordable homes and boost infrastructure, with significant financial investments across multiple areas, including housing preservation and tenant protections. This development represents a commitment to constructing responsible, profitable housing that prioritizes community needs and worker support, with the potential to set a benchmark for future urban planning projects.
Sectors
- Real Estate Development
- Construction
- Public Policy and Urban Planning
Geography
- United States - New York – The article is about a housing development project in New York City, focusing on the former Flushing Airport and surrounding boroughs.
Industry
- Real Estate Development – The article discusses the development of new housing projects at the former Flushing Airport site.
- Construction – The initiative focuses on building housing infrastructure using union labor, involving various construction industry stakeholders.
- Public Policy and Urban Planning – The article centers around Mayor Eric Adams’ housing strategies and city planning initiatives to address affordable housing.
Financials
- 24.7 billion – Total housing capital committed by the Adams administration over 10 years to address the housing crisis.
- 3,000 – Number of new homes to be built at the former Flushing Airport site.
- 4 million – State grant provided to help create accessory dwelling units for NYC homeowners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NYCEDC | Organizer/Developer | Company | New York City Economic Development Corporation, a nonprofit entity facilitating economic growth and development. |
| Cirrus Workforce Housing | Developer | Company | Developer involved in the housing project at the former Flushing Airport, focusing on workforce housing. |
| LCOR Incorporated | Developer | Company | Partnering developer in the housing project, contributing expertise in construction and development. |
| Eric Adams | Mayor | Person | Mayor of New York City, initiating strategies to combat the housing crisis. |
| Donovan Richards Jr. | Queens Borough President | Person | Local government official supporting the redevelopment plan. |
| Patrolmen’s Benevolent Association | Advocacy Group | Charity | Union representing police officers, advocating for affordable housing for first responders. |
| New York City Carpenters Union | Labor Union | Charity | Union ensuring fair labor practices in the construction of the housing project. |