Construction is now underway at 1366 East New York Avenue, a 72-unit affordable housing project in Brownsville, Brooklyn. The project will debut as The Rise, and is being developed in partnership by Xenolith Partners, the Women’s Prison Association, and the Brownsville Partnership.
Work is complete on 90 Sands Street, a 30-story residential tower in DUMBO, Brooklyn. Designed by Beyer Blinder Belle and developed by Breaking Ground, the project involved the redevelopment of the former Jehovah’s Witness Hotel and yields 491 units with a portion devoted to deeply affordable housing and supportive housing for the formerly homeless, as well as a 28,000-square-foot community facility and commercial space spanning the first and second floors and a public plaza at the corner of Sands and Jay Streets.
The William Macklowe Company and Senlac Ridge Partners have secured $142.9 million to complete a new mixed-use complex in Park Slope, Brooklyn. Located at 120 Fifth Avenue, the development will comprise two individual buildings with 180 rental units, amenity spaces, a CVS Pharmacy, and the borough’s first Lidl Supermarket.
New renderings from Urban Architectural Initiatives are the first to reveal Euclid Glenmore Apartments, an eight-story affordable housing property at 437 Euclid Avenue in East New York, Brooklyn. Designed by The Lantern Organization and Mega Contracting Group, which closed on $11.5 million in construction financing to complete the project, the building will comprise 135 units. A total of 81 units will be reserved for formerly homeless families, and the remainder for households at or below 60 percent area median income (AMI).
Developers, New York City officials, and community leaders recently joined to celebrate the grand opening of 425 Grand Concourse, a 26-story affordable housing property in Mott Haven, The Bronx. Designed by Dattner Architects and developed by Trinity Financial and local non-profit group MBD Community Housing Corporation, the 300,000-square-foot structure will yield 277 affordable apartments, an educational facility, a health clinic, a supermarket, and a community cultural space.
