Housing Preservation and Development

Rendering of forthcoming affordable housing property at Stapleton Site A - Courtesy of Secchi Smith

HPD to Construct 360 Affordable Homes in Stapleton, Staten Island

New York City’s Department of Housing Preservation and DevelopmentMonadnock, Sisters of Charity Housing Development Corporation, and The Master Group to construct a new 100 percent affordable housing property in Stapleton, Staten Island. The development will create 360 new affordable homes with more than half designated for the formerly homeless, extremely-low, and very low-income households.

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Rendering of 5055 Broadway - Timber Equities

Rendering Revealed for Mixed-Use Residential Development at 5055 Broadway in Inwood, Manhattan

A rendering has been revealed for 5055 Broadway, an 11-story residential building in Inwood, Manhattan. Designed by Fischer + Makooi Architects and developed by Timber Equities, the 43,000-square-foot structure will yield 42,000 square feet of residential space and amenities as well as ground-floor retail. The property is located between West 215th and 216th Streets, a short walk from Isham and Inwood Hill Parks. The amenity spaces will include a lounge, a fitness center, a communal roof deck, a bike room, and tenant storage.

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