Thirty-three firms, including heavy hitters such as Durst Organization, Jonathan Rose Companies, Gold Development, L+M Development Partners and Blesso Properties, submitted applications to build micro-units on a city-owned Kips Bay site, the Wall Street Journal reported.
The winner of the contest, which stopped accepting new applications Friday, will develop about 50 homes measuring 275 to 300 square feet at 335 East 27th Street. Developers had to provide their own financial plan for the project, including acquisition expenses, the ratio of affordable to market-rate units and the rent.
City officials got about three times as many proposals as possible for a project of this size, and they anticipate announcing a winner by early 2013.
“The City’s adAPT NYC competition has ignited a global interest and conversation about how high-density urban centers can right-size their housing stock to fit changing demographics,” Mathew Wambua, commissioner of the housing preservation department, told the Wall Street Journal.
Since the contest opened, the application has been downloaded from the housing preservation department’s site more than 1,600 times. Potential dollhouse-builders came from Montreal, Athens, Copenhagen, Jerusalem and of course, New York City, land of the free and home of the brave…ly cramped.