Affordable housing plan for working families unveiled at Freedom Plaza in Manhattan by Soloviev Group, promising 513 homes in a transformative development.
Crashing into the Manhattan Skyline: Freedom Plaza, a Bold New Vision
New York City, April 29, 2025 - Get ready for a game-changer, Manhattan! Freedom Plaza, the groundbreaking new mixed-use venture, is setting its sights on Midtown Manhattan's East Side, promising a vibe that's all about community and progress. This bad boy is set to deliver a whopping 1,049 residential units, with over half a thousand geared towards affordable housing for the city's working families - a move that ranks among the city's most significant inclusionary housing initiatives in over a decade.
This baby is the brainchild of the gallant Soloviev Group and the visionary BIG-Bjarke Ingels Group, sprawling across 6.3-acres from 38th to 41st Street east of First Avenue. But that's not all; the development will boast a massive 5-acre green oasis, designed by the green-thumbed OJB Landscape Architecture, giving New Yorkers some much-needed space to breathe and bask in the concrete jungle.
So, what can you expect from Freedom Plaza? Well, first off, let's talk shopping and dining. The project will feature locally loved retail outlets, a smorgasbord of dining options, a daycare center, and a food market to fuel your everyday grind. But wait, it gets better! Freedom Plaza will also be home to two world-class hotels, courtesy of globetrotting resort heavyweights Mohegan and Banyan Tree, offering entertainment, gaming, and dining for those aged 21 and over.
Michael Hershman, the fearless CEO of Soloviev Group, had this to say, "Freedom Plaza isn't just about creating a buzz; it's about building a thriving community that supports our working families and powers the region's continued growth."
But here's the cherry on top: Freedom Plaza has garnered the support of 26 key New York labor organizations and workforce development partners, including The Building and Construction Trades Council of Greater New York, SEIU 32BJ, The Hotel and Gaming Trades Council, District Council 9 of the International Union of Painters and Allied Trades, and the International Union of Operating Engineers, Local 30. The project is poised to create 17,000 high-quality, union construction jobs and permanent positions, contributing massively to the region's financial vitality.
Rev. Brian D. Scott, Senior Pastor of Union Baptist Church of Harlem, commended the initiative, stating, "Freedom Plaza is bringing hope to our city by addressing housing needs and championing inclusivity and sustainability. It's a remarkable effort that will bring prosperity for generations to come."
Freedom Plaza: Transforming Manhattan's East Side, one brick at a time. Stay tuned for updates! 🛠️🌇🏢🏘️
- Freedom Plaza, a mixed-use development by Soloviev Group and BIG-Bjarke Ingels Group, will grace Manhattan's East Side in 2025, sprawling from 38th to 41st Street.
- The project, which covers 6.3-acres, will offer 1,049 residential units, with more than half dedicated to affordable housing for families.
- In addition to residential spaces, Freedom Plaza will feature shopping, dining, a daycare center, a food market, and two hotels, Mohegan and Banyan Tree.
- The initiative has garnered support from 26 labor organizations, such as The Building and Construction Trades Council of Greater New York, creating 17,000 union jobs and permanent positions.
- With its focus on inclusivity, affordability, and sustainability, Freedom Plaza is anticipated to foster a thriving community and contribute positively to the housing market and real-estate landscape of Manhattan.
