Greenland Group helps build NYC affordable housing

Updated: 2014-12-16 07:27

(China Daily USA)

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Chinese real estate developer Greenland USA and US partner Forest City Ratner Companies broke ground on Monday for a 298-unit affordable housing project in downtown Brooklyn.

The 18-story project for low, moderate-and middle-income households is expected to open in fall, 2016. Tenants will be selected through a city-administered lottery process. [Full story]