NYC Landmarks Commission Approves 20-Story Affordable Housing Project in Soho

New York, NY, September 16, 2026 — New York City’s Landmarks Preservation Commission (LPC) has given unanimous approval to a significant new development project planned for 257 Canal Street in the Soho neighborhood. The proposed building is slated to be 20 stories tall and will be entirely dedicated to affordable housing.

The project, located within a designated historic district, received its final approval after commissioners reviewed design modifications intended to harmonize with the area’s established character. The development will ultimately provide 88 permanently affordable apartments for residents.

A key component of the housing plan includes a dedicated segment of supportive housing. Specifically, the development will feature 54 units designated for young adults who require additional support services. This aspect of the project aims to address specific community needs within the city’s affordable housing initiatives.

The unanimous vote by the LPC signifies a consensus among the commission members regarding the revised plans. While the summary notes that design revisions were made to align with the historic district’s character, specific details about the nature of these revisions or the original design proposals were not provided in the trend summary. The contractor’s name and the developer’s name were also not provided.

The approval process, which culminated in this unanimous decision, highlights the commission’s role in balancing new development with the preservation of New York City’s historic streetscapes. The project at 257 Canal Street will add much-needed affordable housing stock to the Soho area.

Story summarized from the original created by Aaron Ginsburg on www.6sqft.com, see more information here.

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