MAYOR BLOOMBERG ANNOUNCES WINNER OF adAPT NYC COMPETITION TO DEVELOP INNOVATIVE MICRO-UNIT APARTMENT HOUSING MODEL

New York, NY – January 22, 2013 – (RealEstateRama) — Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert K. Steel and Department of Housing Preservation and Development Commissioner Mathew M. Wambua announced today that the winner of the adAPT NYC Competition is a development team composed of Monadnock Development LLC, Actors Fund Housing Development Corporation, and nARCHITECTS. The development team was chosen through a competitive Request for Proposals to design, construct and operate the city’s first micro-unit apartment building on a City-owned site at 335 East 27th Street in Manhattan.