The affordable housing lottery has launched for The Eliza, a 14-story mixed-use building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and developed by the Community League of the Heights in a joint venture with Children’s Village, Ranger Properties, Alembic Community Development, and Housing Workshop, the structure yields 174 residences. Available on NYC Housing Connect are 138 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $16,183 to $105,060.
Articles by Vanessa Londono
Permits have been filed to expand a three-story structure into a four-story residential building at 341 Herkimer Street in Bedford-Stuyvesant, Brooklyn. Located between Kingston Avenue and Brooklyn Avenue, the interior lot is steps from the Kingston-Throop Avenues subway station, serviced by the A and C trains. Joseph Aghelian is listed as the owner behind the applications.
The massive modernization and redevelopment of Class A office building 22 Vanderbilt is nearing its completion. Owned by Milstein Properties, the 1.1 million-square-foot Midtown tower with direct underground access to Grand Central Terminal, is receiving over 275,000 square feet of hospitality-driven amenity spaces and services designed by SHoP Architects. Formerly known as 335 Madison, 22 Vanderbilt is among the most sought-after office buildings in New York City due to its direct connections to transit hubs, upgraded building system, and expansive amenity package. Since its rebranding in early 2023, over 120,000 square feet of leases have been signed, including one of Midtown’s largest new leases in 2023 with global public relations firm Joele Frank.
The affordable housing lottery has launched for The Grand Pacific Apartments, a nine-story mixed-use building at 985 Pacific Avenue in Crown Heights, Brooklyn. Designed by Issac & Stern Architects and developed by EMP Capital Group, the structure yields 69 residences. Available on NYC Housing Connect are 18 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $28,320 to $198,250.
The affordable housing lottery has launched for 3073 Barker Avenue, an eight-story residential building in Williamsbridge, The Bronx. Designed by Dome Architecture and Design and developed by Omni Build, the structure yields 25 residences. Available on NYC Housing Connect are 24 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.