Articles by Max Gillespie

Mayor Mamdani Outlines ‘Block By Block’ Plan For Affordable Housing Construction

New York City Mayor Zohran Mamdani on Thursday highlighted key elements of “Block by Block,” the administration’s housing strategy aimed at addressing the city’s affordability crisis through the creation and preservation of affordable housing. The plan sets a goal of producing 200,000 new affordable homes over the next decade and is paired with nearly $5 billion in funding over the next two years for new rent-stabilized affordable housing, including dedicated investments in senior and supportive housing.

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LPC To Review Proposal For 119 Saint Felix Street In Fort Greene, Brooklyn

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for façade restoration work at 119 Saint Felix Street, a two-unit townhouse in Fort Greene, Brooklyn. The application was prepared by Urban Pioneering Architecture and focuses on replacing existing front façade windows throughout the building. The property is located between Lafayette Avenue and Hanson Place.

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Developers Secure $374 Million Refinancing for Williamsburg Wharf in Williamsburg, Brooklyn

Naftali Group and Access Real Estate have secured a $374.35 million refinancing for Phase I of Williamsburg Wharf, a 3.75-acre waterfront development at 470 Kent Avenue in Williamsburg, Brooklyn. The loan was provided by Barings and refinances the project’s first phase, which includes the rental buildings Two, Three, and Four Williamsburg Wharf. The property is bounded by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

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