Hudson Opens Nearly 360 Affordable Apartments in Hunts Point

Phase 2 of The Peninsula redevelopment, built on the former Spofford Juvenile Detention Facility site, adds two buildings of affordable housing.

Updated on Nov. 12, 2026 in Apartments

Two tan brick apartment buildings face each other across an empty plaza with planted tree beds under clear daylight.
Hudson Companies opened nearly 360 affordable apartments at The Peninsula in Hunts Point, New York City, marking the end of Phase 2 on a former juvenile detention site. AI Illustration. Upload story photo >

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Hudson Companies has opened nearly 360 affordable apartments at The Peninsula in Hunts Point, New York City, with the ribbon cutting marking the end of Phase 2. The new units range from studios to four bedrooms, and 73% are reserved for households earning at or below 60% of the median income.

Why it matters

The completed phase brings affordable housing to the Hunts Point neighborhood of New York City on a site once used by a juvenile detention facility. A city-owned grocery store planned for the same site is projected to open by next Thanksgiving, adding a nearby amenity for residents.

Nearly 360 apartments opened in Phase 2, with 73% of units for households earning at or below 60% of median income, bringing the total development to 740 affordable units when complete. Whether the full development will finish on the projected December 2027 schedule remains to be confirmed.

The players

Hudson Companies

Hudson Companies is the developer behind The Peninsula housing redevelopment in Hunts Point.

The details

The two new buildings sit across a pedestrian plaza from the Phase 1 building, which opened in 2022 with 183 affordable units. Phase 2 also includes a fitness area, laundry room, facility space for an early childhood center, and a new step street linking Tiffany and Manida.

Timeline

  1. 2022: Phase 1 building completed with 183 affordable units.

  2. November 12, 2026: Phase 2 ribbon cutting marks the opening of nearly 360 apartments.

  3. Next Thanksgiving (2027): City-owned grocery store is set to open at the site.

  4. December 2027: Entire 740-unit development is expected to be complete.

Roadmap

The Peninsula's income allocation follows the 60%-of-median-income threshold used in New York City's affordable housing framework for city-supported developments. This phase extends that model onto a former city juvenile detention site in Hunts Point.

Eligible New York City renters can look to the nearly 360 newly opened apartments, ranging from studios to four bedrooms, with 73% priced for households at or below 60% of median income. Interested residents should check current availability and income eligibility with the developer before applying.

The takeaway

Affordable housing projects built on former public sites can add both homes and neighborhood services, as the planned grocery store at The Peninsula illustrates. Renters comparing options should review income thresholds carefully before applying.

What happens next

A city-owned grocery store is set to open at The Peninsula site by next Thanksgiving, and the full 740-unit development is expected to be completed by December 2027.

Further reading

Explore more on Apartments to see how new affordable buildings are reshaping New York City's rental market.

Live Poll

Should your city build more government-backed affordable housing?