The affordable housing lottery has launched for 1510 Gates Avenue, an 11-story residential building in Bushwick, Brooklyn. Designed by NY Building Associates Inc. and developed by The Horizon Group, the structure yields 70 residences. Available on NYC Housing Connect are 21 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $167,570.
The affordable housing lottery has launched for 1600 East 19th Street, an eight-story mixed-use residential building in Midwood, Brooklyn. Designed by Studio Gallos and developed by Gabriel Sakass of 1590 East 19th Street LLC, the structure yields 22 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.
Ranger Properties and KD Sagamore Capital have closed on a $40 million loan to complete a new multi-family rental building at 982-988 Fulton Street in Clinton Hill, Brooklyn. Financing was provided by SCALE Lending, an affiliate of Slate Property Group.
The affordable housing lottery has launched for 186 East 205th Street, an eight-story residential building in Bedford Park, The Bronx. Designed by Badaly Architects and developed by Franco Sukaj, the 42,524-square-foot structure yields 62 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $41,143 to $167,570.
The affordable housing lottery has launched for 111 Varick Street, a 30-story residential building in Hudson Square, Manhattan. Designed by S9 Architecture with interiors by Chris Shao Studio and developed by Extended, the structure yields 100 residences in a mix of studio, one-, and two-bedroom layouts. Available on NYC Housing Connect are 30 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,343 to $167,570.
