July 29, 2026
The Orion, coming to Hunter’s Point South, will include affordable housing, a daycare center, workforce development center, indoor community pool, and commercial retail space
NEW YORK – Today, Housing Preservation and Development (HPD) Commissioner Dina Levy announced that a long-empty lot in Hunter’s Point South, Queens will be transformed into The Orion, a mixed-use development that will create nearly 1,000 new homes across three buildings, with two-thirds to be affordable to extremely low to moderate-income households.
This is the latest step in the evolution of Hunter’s Point South, a previously industrial 30-acre area along the East River waterfront. After a failed bid to host the 2012 Summer Olympic Games, the City launched a plan for development of this waterfront as a mixed-use, mixed-income community. As part of a multiagency effort, the area has transformed into a new community with over 3,000 new homes, commercial retail stores, community facilities such as the Queens Landing Boathouse and Environmental Center, and three new schools; an award-winning waterfront park; and infrastructure and roadway improvements.
The City is designating the site to a development team consisting of Slate Property Group, The Hudson Companies, and Volunteers of America–Greater New York. Marvel Architects will serve as the project’s architecture and design firm, and local nonprofit Commonpoint will lease and operate a daycare, workforce development center, and a community pool.
“The Orion marks the next step in the transformation of Hunter’s Point, bringing hundreds of new homes, a new child care center, workforce development, and retail space to a long-vacant lot. This project shows how we can use public land to deliver mixed-use projects that benefit future residents and the surrounding community alike. I look forward to working with the development team, HPD, and local leaders to see The Orion to fruition,” said Leila Bozorg, Deputy Mayor for Housing and Planning.
“As we face a citywide housing shortage, this long-vacant lot will be transformed into nearly 1,000 new homes, two-thirds of which will be affordable for extremely low to moderate income households" said HPD Commissioner Dina Levy. “This project, which includes more than 145 supportive housing units, underscores our commitment to creating safe, affordable housing for all New Yorkers. By incorporating important public amenities such as a daycare center, a workforce development center, and an indoor community pool, we are ensuring that this project is not just about creating new housing, but also about building a neighborhood where families can grow and thrive."
"With our city in the midst of an unprecedented housing crisis, The Orion and its more than 650 income-restricted units out of nearly 1,000 total homes is exactly the kind of investment we need in neighborhoods like Long Island City, where the cost of living continues to rise," said Queens Borough President Donovan Richards Jr. "We must leave no stone unturned as we seek to increase our city’s housing supply, and I am thrilled that this long-vacant lot will be turned into beautiful new homes for hundreds of Queens families. Thank you to all our public and private partners in getting this plan off the ground."
“Housing costs are one of the driving factors of New York City’s affordability crisis,” said State Senator Kristen Gonzalez. “43% of renters are classified as rent burdened, and in 2025, average rents increased 4.7%, well above the rate of inflation. Our city desperately needs additional housing, specifically we need affordable, safe and dignified housing. I commend Mayor Mamdani, Deputy Mayor Bozorg, and HPD Commissioner Levy for their focus on affordable housing.”
"I am thrilled to see that after sitting vacant for years, this site will be transformed into the affordable housing that Queens families actually need,” said Assemblymember Claire Valdez. “Pairing 658 affordable homes with childcare and job training is exactly the kind of meaningful investment our communities deserve."
“Solving our affordability crisis will require creative solutions and a roll-up-your sleeves approach to create housing that works for all New Yorkers and allows them to live in dynamic, diverse, and desirable neighborhoods,” said David Schwartz, Principal and co-founder of Slate Property Group. “The Orion checks all those boxes and more: it will deliver nearly a thousand new homes for New Yorkers across the income spectrum and provide essential supportive services to those who need it most, all while making Long Island City more resilient to climate change. It is exactly what New York needs, and we look forward to working with City Hall to get shovels in the ground as soon as possible.”
"For four decades, Hudson has focused on a mission to build housing for everyone, regardless of income. This project will serve that full spectrum and deliver much-needed resources to Hunter's Point," said Laszlo Syrop, Principal and Head of Acquisitions at the Hudson Companies. "Reaching households at every income level in a high-opportunity neighborhood like Hunter's Point reflects a simple belief: where New Yorkers live shouldn't come down to income alone. We look forward to working with our development partners and HPD to bring this project to life."
“As New York continues to combat a historic housing crisis, we are proud to partner with the City and our co-development partners to create almost 1,000 new homes on underutilized public land with good access to transit, jobs, and schools,” said Dr. Jeffrey R. Ginsburg, President and CEO of Volunteers of America–Greater New York. “Our vision is for homelessness to become a rare, brief, and non-recurring phenomenon in our city. That is why this project will deliver hundreds of truly affordable units, including 149 high-quality apartments for formerly homeless individuals with lifesaving, trauma-informed support services. It’s an innovative model we hope to see replicated across the five boroughs.”
This project advances key priorities in Block by Block: The Housing Plan for a New Era. Through Mayor Mamdani’s first adopted budget, the City is investing nearly $5 billion in capital funding for new affordable development, like the Orion, over the next two fiscal years while adding 41 new staff positions to accelerate housing production. The transformation of this site also advances the administration’s commitment to building affordable housing on City-owned land. On his first day in office, Mayor Mamdani signed Executive Order 4, creating the Land Inventory Fast Track (LIFT) Task Force to identify City-owned sites that can be transformed into affordable housing.
Block by Block sets ambitious goals that meet the scale of New York City’s housing crisis by building 200,000 new affordable homes and preserving another 200,000 over the next decade. The plan also strengthens tenant protections and housing code enforcement, invests in NYCHA’s future by restoring its role as a public developer, expands pathways to homeownership opportunities and supports the workers building the homes New Yorkers need.
This project will also be the first use of HPD's Mixed Income Market Initiative (MIMI) framework, an innovative structure that leverages market rate units to help finance affordable units by including homes from extremely-low income and homeless set-aside units, to moderate-income and market rate units, all in the same building.
Community-Focused Process
The Request for Proposals (RFP) for the site, which was released on June 13, 2025, was shaped by extensive public input, including public meetings and presentations to Queens Community Board 2, outreach to local community-based organizations, flyering and tabling events around the neighborhood, and a community visioning workshop held at Sunnyside Community Services. In addition to direct in-person engagement, HPD also maintained and promoted a project website and online questionnaire to accommodate feedback at the public’s convenience.
The community expressed that a mix of household types face barriers to accessing and staying in housing in the neighborhood, but that households with children face the most need. The Orion includes a mix of unit sizes with approximately one-third being family sized apartments (2+ bedrooms). Community members also expressed a desire for more opportunities for active recreation and flexible community gathering spaces, reflected in the proposal for The Orion by including an indoor pool and workforce development center that will also act as a flexible community gathering space. Proposed residential amenities also include fitness centers, community rooms, bike storage, and rooftop terraces that will have resident gardens, grilling areas, and a recreation court. On the ground floor residents will have access to kids’ playrooms and an interior courtyard with a playground. Additionally, a new child care center in The Orion will provide affordable child care and early childhood education to the public.
The Project & Development Team
The approximately 70,000 square-foot site is located at 54-42 2nd Street in Queens Community District 2 and is known as “Parcel E”.
The development team includes:
Building Breakdown + Amenities
The Orion was designed by Marvel to include:
What Comes Next
The development team will work with HPD to:
Photos from the press conference can be viewed HERE.
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The New York City Department of Housing Preservation and Development (HPD) is the nation’s largest municipal housing agency, responsible for building and preserving affordable housing, partnering with communities to create housing in more equitable, diverse, and livable neighborhoods, as well as enforcing the housing and maintenance code across all five boroughs.
From responding to over 600,000 housing complaints, to financing nearly 15,000 new affordable homes, preserving more than 10,000 existing affordable homes, and connecting more than 25,000 New Yorkers with affordable housing, HPD’s work touches every corner of the city’s housing landscape.
Stay up to date by following @NYCHousing on Facebook, Twitter, and Instagram, and visit nyc.gov/hpd for more information.