The affordable housing lottery has launched for 1760 Grand Avenue, a seven-story mixed-use building in Morris Heights, The Bronx. Designed by Gino Longo Architect and developed by Benjamin Sadykov of RBM Fundings LLC, the structure yields 15 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,920 to $187,330.
Exterior work is nearing completion on NOVA, a 24-story residential building at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger and developed by SB Development Group, the Flatiron-esque structure will yield 86 condominium units in studio to three-bedroom layouts with sales and marketing led by Modern Spaces, as well as 2,300 square feet of ground-floor retail space. SBGC, LLC is the general contractor for the $70 million project, which is bound by 41st Avenue to the east and 29th Street to the west.
AMS Acquisitions has revealed renderings for a two-tower rental development at 41 Buena Vista Avenue in Yonkers, New York. Plans are now in front of the Yonkers Planning Board and specify the creation of 873 apartments, 4,000 square feet of retail space, and 889 parking spaces.
Permits have been filed for a six-story community facility building at 510 Gates Avenue in Bedf0rd-Stuyvesnt, Brooklyn. Located between Marcy Avenue and Tompkins Avenue, the lot is near the Kingston-Throop Avenues subway station, serviced by the A and C trains. John McDonald of 4519 WPR Housing Development Fund is listed as the owner behind the applications. The Doe Fund finalized financing for the new construction earlier this year, adjacent to the organization’s first transitional housing residential building at 520 Gates Avenue.
The affordable housing lottery has launched for 85-87 Herkimer Street, a pair of four-story residential buildings in Bedford-Stuyvesant, Brooklyn. Designed by Zproekt Architects and developed by Elie Fourti, the structures yield six residences each. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,823 to $187,330.
