San Jose Tower Becomes Affordable Housing

A brand-new $175 million luxury tower in downtown San Jose, The Fay, is undergoing a major transformation—its first major West Coast move by Adam Neumann’s Flow—and now half its 336 units will be leased to middle-income essential workers like teachers and first responders, thanks to a city affordability mandate. With subsidies for incomes up to 110% of the area median, the building aims to make housing more accessible for those who serve the community. Already half-occupied, the new owners plan renovations and street-level commercial revitalization, blending Flow’s tech-forward, community-driven vision with a renewed focus on affordability. Residents could move in as early as later this summer. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7028c29e445ea1fa