But it has resisted a long-term plan to build 800 units of middle-income housing in the same areas.
In 1986 a Federal judge ordered the city to build not 100 but 1,000 units of low- and middle-income housing.
"When was the last time someone built middle-income housing without a Federal subsidy?"
The company built 40,000 units of middle-income housing in Queens.
More than 5,000 units of middle-income housing have been built or renovated in the last five years.
The garden is to be sold to a developer to build low- and middle-income housing.
"Is now really the time to let this middle-income housing go, when we can't replace it at six times the cost?"
The remaining 15 percent will go to middle-income housing.
The law set up incentives for the construction of middle-income housing.
"I want to find a way to deliver middle-income housing for a profit."