Building New York City real estate is never easy. But some projects are more difficult than others.  After years of hurdles, a 144-unit affordable and senior housing project in Forest Hills, Queens, has secured financing and is set to break ground. TD Bank loaned $37.5 million for construction, while Community Preservation Corp is providing a $40 million long-term loan. On the public side, the city is providing $71 million from a program for senior housing. “As an affordable housing developer, I’ve never seen anything as difficult as this,” said Jeff Fox, of Foxy Development, which is co-developing the project. “Nothing […]

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