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New York City Mayor Eric Adams announced plans to construct a new 82-unit affordable housing property at 258 West 97th Street on Manhattan’s Upper West Side.
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As part of a larger plan to create much-needed affordable housing, Mayor Eric Adams has expressed his support for converting hotels to residential units.
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An illegal hotel operator on the Upper West Side is on the hook for $1.1 million in penalties, as part of a settlement with the Adams administration to shut down a short-term rental operation.
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New York City Mayor Eric Adams today announced a settlement that paves the way for the creation of 82 affordable homes for low-income and formerly homeless New Yorkers at 258 West 97th Street on the Upper West Side of Manhattan.
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On Monday, Mayor Eric Adams and the Mayor’s Office of Special Enforcement (OSE) issued a press release announcing the City had “shut down illegal hotel operator” Hank Freid, concluding a protracted legal battle.
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The terms of the settlement state that 258 West 97th Street — which Freid has illegally operated as Royal Park International Hotel — will be transformed into “82 affordable homes for low-income and formerly homeless New Yorkers.”
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