20-story affordable development in Soho approved by Landmarks | YESODI

20-story affordable development in Soho approved by Landmarks

By Luxury Real Estate NYC

Luxury Real Estate NYC September 17, 2026

257 Canal Street just got the green light for 88 permanently affordable units in the heart of Soho. The 20-story development marks a rare win for housing accessibility in one of the city's priciest neighborhoods. Can market-rate luxury coexist with genuine affordability?

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