As Part of Private-Public Partnership, 2021 MLS Cup Champions NYCFC Will Fully Finance and Build New York’s First Professional Soccer-Specific Stadium

2,500 Affordable Homes Coming to Willets Point, NYC’s Largest 100-Percent Affordable New Housing Project in 40 Years, With Accelerated Construction Timeline

Transformation Plan Will Add Over $6 Billion to City’s Economy and Create 16,000 Jobs With Priority and Training for Local Residents

NEW YORK – New York City Mayor Eric Adams today unveiled his administration’s vision for the next phase of the transformation of the Willets Point community in Queens. Through a new partnership with 2021 Major League Soccer (MLS) Cup champions New York City Football Club (NYCFC) and Queens Development Group (QDG) — a joint venture of Related Companies and Sterling Equities — Willets Point will be anchored by 2,500 new affordable homes, the largest 100-percent affordable, new construction housing project in New York City in 40 years, which will be constructed on an accelerated timeline. Developed in close partnership with New York City Councilmember Francisco Moya, Queens Borough President Donovan Richards, and community members, Mayor Adams’ plan will also bring New York City’s first soccer-specific stadium to Willets Point along with over 40,000 square feet of public open space, a 250-key hotel and neighborhood-serving, ground-floor retail shops that will create good-paying jobs for community residents.

This historic plan will bring significant long-term economic opportunity to a community that has long been underserved. The entire project is expected to generate $6.1 billion in economic impact over the next 30 years, creating 1,550 permanent jobs and 14,200 construction jobs.  With the creation of a new soccer stadium, Willets Point will become the city’s premier sports hub, with the New York Mets’ Citi Field and U.S. Tennis Association Billie Jean King National Tennis Center both also within walking distance of the MTA’s Mets-Willets Point subway and LIRR station. More information on the project is available online.

“We have a once-in-a-generation opportunity to create a brand-new neighborhood, a Willets Point that offers real opportunity for working people and all New Yorkers,” said Mayor Adams. “Our plan will deliver 2,500 affordable homes — New York City’s largest fully affordable housing project in decades. And with a fully privately financed soccer stadium, a hotel, and local retail, we will create not only homes but also quality jobs, $6 billion in economic activity, and a true pathway to the middle class. This is what it means to build a ‘City of Yes.’”