A massive affordable housing project planned for Inwood could turn into an industrial development after Thursday’s shocking ruling overturning the neighborhood’s rezoning. Jorge Madruga’s Maddd Equities and Eli Weiss’ Joy Construction were poised to take advantage of the rezoning with a development at 3875 Ninth Avenue by West 207th Street. The frequent real estate partners had pre-filed plans with the Department of Buildings in August for a 30-story, 544,000-square-foot project with 611 residential units and
source https://therealdeal.com/2019/12/20/developers-might-drop-affordable-housing-plan-after-inwood-ruling/
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