The affordable housing lottery has launched for 2454 East 15th Street, a three-story residential building in Sheepshead Bay, Brooklyn. Designed by Citiscape Consulting and developed by Jacob Ashkenazie, the structure yields nine residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $198,250.
Construction is in full swing at 23-02 42nd Road, the site of a 37-story mixed-use building in Long Island City, Queens. Designed by Fogarty Finger and developed by Werwaiss Properties, the 372-foot-tall structure will yield 230,000 square feet with 240 residential units spread across 163,000 square feet, as well as 10,000 square feet of commercial space and 91 parking spaces. Suffolk Construction Company is the general contractor for the property, which is located between 23rd and 24th Streets.
Preliminary renderings posted at a construction site in Prospect Lefferts Gardens, Brooklyn are the first to reveal a new, two-building multifamily development. The project is being developed by CroxDale Real Estate and will comprise two adjacent structures at 625 and 633 New York Avenue.
The affordable housing lottery has launched for 505 State Street, a 44-story mixed-use building at 100 Flatbush Avenue in Downtown Brooklyn. Designed and developed by Alloy Development, the structure yields 440 residences. Available on NYC Housing Connect are 45 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $29,109 to $127,100.
Permits have been filed for a 14-story mixed-use building at 521 East Tremont Avenue in Crotona, The Bronx. Located at the intersection of 3rd Avenue and East Tremont Avenue, the corner lot is near the Tremont station, serviced by the MetroNorth train on the Harlem line. Emanuel Kokinakis of MEGA Development under the 521 Tremont Owner LLC is listed as the owner behind the applications.
