Story perspectives

BFC Partners Expands Affordable Housing; New Restaurant Opens in Astoria

3/23/2026

Summary

Story summary

BFC Partners is relocating to a larger 14,000-square-foot space at 17 State Street in Manhattan to expand affordable housing development operations.
BFC Partners has built more than 15,000 affordable apartments citywide and is pursuing major projects in Coney Island and Manhattan.
Lungi, a Sri Lankan/South Indian restaurant, is opening a second Astoria location with a 15-year lease at $400,000 annual rent while maintaining its Upper East Side presence.

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Story summary

BFC Partners is relocating to a larger 14,000-square-foot space at 17 State Street in Manhattan to expand affordable housing development operations.
BFC Partners has built more than 15,000 affordable apartments citywide and is pursuing major projects in Coney Island and Manhattan.
Lungi, a Sri Lankan/South Indian restaurant, is opening a second Astoria location with a 15-year lease at $400,000 annual rent while maintaining its Upper East Side presence.