Affordable Housing

Rendering of The Norma - Courtesy of Leong Leong

Renderings Reveal ‘The Norma’ 100-Percent Affordable Condominium Property in Bed-Stuy, Brooklyn

The New York City Department of Housing Preservation and Development (HPD) has released the first images of The Norma, a 100-percent affordable condominium property in Bedford-Stuyvesant, Brooklyn. Designed by Leong Leong, the 11-story building will contain 44 condominiums and a ground-floor urgent care facility operated by the Brownsville Multi Service Wellness and Health Center.

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Rendering of 250 Water Street - The Howard Hughes Corporation; SOM

Howard Hughes Corporation Awarded Final Approvals to Construct 250 Water Street in South Street Seaport, Manhattan

The Howard Hughes Corporation has received necessary approvals to construct a new 26-story mixed use development at 250 Water Street in South Street Seaport, Manhattan. Designed by Skidmore, Owings & Merrill (SOM), the tower will comprise a mix of market-rate and affordable rental apartments, an office component, retail space, and community facilities.

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Housing Lottery Launches for Peninsula Building 1B in Hunts Point, The Bronx

The affordable housing lottery has launched for Peninsula Building 1B, a 14-story mixed-use building at 720 Tiffany Street in Hunts Point, The Bronx. Designed by WXY Architecture + Urban Design and developed jointly by Gilbane Development Company, Hudson Companies, and the Mutual Housing Association of New York, the structure is the first of four new developments bringing 740 affordable units to the area. Available on NYC Housing Connect are 164 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,772 to $118,400.

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