NYCHA to demolish and redevelop two complexes in Manhattan

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NYCHA to demolish and redevelop two complexes in Manhattan
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The plan comes with a billion-dollar price tag and some never-before-seen amenities -- but it also comes with controversy.

The New York City Housing Authority announced its plan to tear down two complexes and build new ones for residents.The New York City Housing Authority announced its plan to tear down two complexes and build new ones for residents.

After years of review, the city plans to demolish and redevelop the Fulton Houses and the Chelsea-Elliot Houses in Manhattan. More than half of the residents surveyed agreed with a redevelopment rather than renovations to the current building."My question is what would the cost be to go in the buildings -building by building -- and fix what's run down?" said Rosalie Winard.

All 2,055 existing NYCHA apartments will be replaced and approximately 3,500 new mixed-income apartments will be added.

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