In East Harlem, a Dream Development

NEW YORK CITY-A new school and affordable housing units are coming to East Harlem, brought to the area by unique partnerships, involving public-private money, baseball and education. The $85 million, 13-story facility will go up on East 104th street, between 2^nd and 3^rd avenues and is expected to open in the summer of 2014.

The school component will house the DREAM Charter School, the K-8 school founded in 2008 by Harlem RBI, a group that advocates and provides services for inner-city youth. The residential component will be 90 units of low-income housing, part of the Bloomberg administration’s $8.4 billion New Marketplace Plan. The Dept. of Housing Preservation and Development and the Housing Development Corp. will provide nearly $30 million for the units.