Affordable Housing

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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Affordable Housing Lottery Launches for The Kira at 153-19 Jamaica Avenue in Jamaica, Queens

The affordable housing lottery has launched for The Kira, a 21-story mixed-use building at 153-19 Jamaica Avenue in downtown Jamaica, Queens. Designed by GF55 Architects and developed by SMJ Development with BFC Partners and New Destiny Housing, the structure yields 69 residences and 6,000 square feet of ground-floor retail space. Available on NYC Housing Connect are 69 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $57,326 to $85,920.

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Affordable Housing Units Still Available at Capitol Towers at 254 West 51st Street in Midtown West, Manhattan

There are still affordable housing units available for Capitol Towers, 18-story mixed-use building at 254 West 51st Street in Midtown West, Manhattan. Designed by Edward F. Fanning for the Knights of Columbus, the pre-war Renaissance-revival structure yields 278 residences. Available on NYC Housing Connect are 28 units for residents at 130 to 165 percent of the area median income (AMI), ranging in eligible income from $73,955 to $177,210.

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Affordable Housing Lottery Launches for RadRoc in Far Rockaway, Queens

The affordable housing lottery has launched for RadRoc, a two-building mixed-use development at 10-18 Beach 20th Street and 19-38 Cornaga Avenue in Far Rockaway, Queens. Designed by Magnusson Architecture & Planning and developed by Radson Development, the structures each rise ten stories and yield a combined 253 residences. Available on NYC Housing Connect are 227 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $20,538 to $118,400.

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Brooklyn Borough President Eric Adams and 'The Fountains' project team celebrate the completion of construction- Photo by Gerri Hernandez

The Fountains Affordable Housing Complex Completes Construction in East New York, Brooklyn

Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.

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