Housing Lottery Launches for Clermont Area HDFC at 389 Clinton Avenue in Clinton Hill, Brooklyn

By Vanessa Londono

The affordable housing lottery has launched for Clermont Area HDFC, a seven-story residential building at 389 Clinton Avenue in Clinton Hill, Brooklyn. Originally built in 1930, the prewar building yields 41 residences. Available on NYC Housing Connect is a waiting list to fill one vacant unit for purchase at 120 percent of the area median income (AMI), ranging in eligible income from $85,000 to $285,000. Eligible buyers must put at least 10 percent down.

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Permits Filed for 64 Meserole Street in Williamsburg, Brooklyn

By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 64 Meserole Street in Williamsburg, Brooklyn. Located between Lorimer Street and Leonard Street, the lot is near the Broadway subway station, served by the G train and the Lorimer Street station, served by the J and M trains. Moshe Schwimmer of Meserole Lorimer Realty LLC is listed as the owner behind the applications.

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Rendering courtesy of GZA GeoEnvironmental Inc..

Rendering Reveals Nine-Building Residential Development in East Flatbush, Brooklyn

By Michael Young and Matt Pruznick

Bawabeh Holdings has filed a rezoning application for a nine-building, 1.2-million-square-foot residential complex on the border of East Flatbush and Brownsville, Brooklyn. Designed by IMC Architecture and developed under the Midyan Gate Realty No. 2 LLC, the conjoined structures would stand 14 to 15 stories and yield 972 rental apartments, or 108 units per building, with an average scope of 950 square feet. The project would also include 136,112 square feet of retail space, 103,472 square feet of community facility space, and a 114-vehicle parking garage. The property is bounded by East 98th street to the northeast, Winthrop Street to the northwest, Kings Highway to the east, and Rockaway Place to the west.

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Housing Lottery Launches for Park Towers HDFC at 644 Riverside Drive in Hamilton Heights, Manhattan

By Vanessa Londono

The affordable housing lottery has launched for Park Towers HDFC, a 12-story residential building at 644 Riverside Drive in Hamilton Heights, Manhattan. Originally built in 1914, the prewar building was fully renovated including a new roof, façade work, windows, and yields 93 residences. Available on NYC Housing Connect are 24 units for purchase at 120 percent of the area median income (AMI), ranging in eligible income from $70,462 to $317,520. Eligible buyers must have at least 10 percent down.

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