The city’s public housing authority plans to purchase the New Haven Clock Company building on Hamilton Street and convert it into 100 mixed-income, mostly-affordable apartments — but only after the abandoned factory’s current owners rid the property of all remaining toxins. The Housing Authority of New Haven’s Board of Commissioners authorized the public housing agency to purchase the storied and long-vacant clock factory for $4.5 million during its monthly meeting on Tuesday in a 360 Orange St. conference room. For years, Reed Community Partners had hoped to transform the factory into 130 affordable housing units, including some set aside for artists. A series of financial and structural twists thwarted this plan. The Housing Authority has agreed to purchase the building on the condition that Reed Community Partners complete remediation of the site beforehand, according to Elm City Communities Vice President Shenae Draughn.
https://www.newhavenindependent.org/article/housing_authority_to_acquire_clock_shop