Housing Lottery Launches for 740 Brook Avenue in Woodstock, The Bronx

The affordable housing lottery has launched for 740 Brook Avenue, a nine-story mixed-use building in Woodstock, The Bronx. Designed by Dattner Architects and developed by Phipps Houses with construction financing through NYC Housing Preservation and Development and New York State Homes and Community Renewal, the structure yields 55 residences. Available on NYC Housing Connect are 42 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $16,183 to $165,500.

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540 Fulton Street, designed by Marvel Architects

The Paxton’s Façade Nears Completion at 540 Fulton Street in Downtown Brooklyn

Exterior work is nearing completion on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

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Housing Lottery Launches for East New York Cluster Apartments in Cypress Hills, Brooklyn

The affordable housing lottery has launched for East New York Cluster Apartments, three three-story residential buildings with newly constructed units at 190 Essex Street, 221 Vermont Street, 581 Belmont Avenue in Cypress Hills, Brooklyn. Designed by Delacour, Ferrara & Church Architects, the structures yield a combined 42 residences. Available on NYC Housing Connect are 36 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $0 to $100,870.

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