Affordable Housing

461 Dean Street

Pacific Park’s 32-Story, 363-Unit Mixed-Income Apartment Tower Tops Out at 461 Dean Street, Prospect Heights

6:00 am on May 13, 2016 By Reid Wilson

In February, the 32-story, 363-unit mixed-use modular tower under development at 461 Dean Street, in Prospect Heights, had reached its 25th story. Now, the 348,269-square-foot building has finally topped out, with the last modular unit installed earlier this week, Curbed NY reported. The project was the first of 15 towers to begin constructed as part of the Pacific Park mega-development. There will be 32,678 square feet of commercial space split between retail on the ground floor and storage space for the Barclays Center on floors two through six. The rental apartments should average 660 square feet apiece, and 181 of them will rent at below-market rates through the housing lottery. Amenities include a bike storage room, private residential storage, laundry facilities, a fitness center, an entertainment room/lounge, a children’s play room, and a common outdoor terrace on the 20th floor. Forest City Ratner Companies (a branch of Forest City Realty Trust) is developing, with SHoP Architects behind the design. Completion is expected this fall.

401 Dumont Avenue

13-Story, 188-Unit All-Affordable Residential Building Planned At 401 Dumont Avenue, Brownsville

3:00 pm on May 6, 2016 By Reid Wilson

In addition to projects in Fort Greene and Mott Haven, the New York City Housing Authority has released plans for a 13-story, 188-unit all-affordable residential building at approximately 401 Dumont Avenue, located within the Van Dyke Houses complex in Brownsville. The new building, being dubbed Dumont Commons, will rent at below-market rates to individuals and families making 30 to 60 percent of area median income (AMI), according to the New York Times. The project will include an urgent care medical facility, a wellness center, and a daycare-like community facility. Dunn Development is the developer and has ground-lease the site, currently a parking lot, from the city for 60 years. Construction is expected to begin in 2017.

110 St. Edwards Street

Reveal for 16-Story, 145-Unit All-Affordable Senior Building at 110 St. Edwards Street, Fort Greene

6:00 am on May 6, 2016 By Reid Wilson

Back in July of 2015, it was revealed that the New York City Housing Authority was planning an all-affordable residential building at 110 St. Edwards Street, located at the corner of Myrtle Avenue within the Ingersoll Houses public housing development, in Fort Greene. Now, a rendering, along with additional details, have been revealed on the building in a report by the New York Times. The building will rise 16 stories and will host 145 below-market rate, senior-exclusive (62-years-old and up) rental apartments. The project, dubbed Ingersoll Senior, will also include a senior center featuring a variety of services. BFC Partners is the developer and will ground-lease the property from the city. Construction is expected to begin next year.

235 Cherry Street

JDS Development Planning 77-Story, 600-Unit Mixed-Use Building at 235 Cherry Street, Lower East Side

6:30 am on April 29, 2016 By Reid Wilson

Since 2014, the property owners Two Bridges Neighborhood Council and Settlement Housing Fund have been in talks with an unknown developer over the 11,800-square-foot development site at 235-247 Cherry Street, on the southern edge of the Lower East Side. Now, it has been revealed that JDS Development Group is planning to build a 77-story, roughly 600-unit mixed-use building, The Lo-Down reports. The rental apartments should come in studio, one-, and two-bedroom configurations, with roughly 150 of the units permanently renting at below-market rates. There would also be 10,000 square feet of retail and a 4,600-square-foot senior community center in the tower. SHoP Architects will design the 900-foot-tall tower, which will be clad in terra-cotta and glass.

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425 Grand Concourse

Team Selected to Build 24-Story, 241-Unit Passive Affordable Residential Tower At 425 Grand Concourse, Mott Haven

6:00 am on April 29, 2016 By Reid Wilson

In June of 2015, YIMBY reported on the Request for Proposals (RFP) launched by the city’s Department of Housing Preservation and Development (HPD) for the development site at 425 Grand Concourse, in Mott Haven. Now, Mayor Bill de Blasio’s administration has selected a development team for the 30,000-square-foot site, located on the corner of East 144th Street, Politico New York reports. Trinity Financial and MBD Community Housing Corporation will build a 24-story, 241-unit mixed-use building. The 300,000-square-foot tower will contain only below-market rate rental apartments, in addition to a charter school, a medical facility, community space for cultural and social programs, and a supermarket. It will also be the largest Passive House project in the city. Garrison Playground, located immediately to the north, will be rehabilitated. The city is expected to finance the project, which must first journey through the city’s Urban Land Use Review Procedure (ULURP) process. ULURP is scheduled to begin in early 2017.

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