The affordable housing lottery has launched for Parish House, a 17-story residential building at 230 Classon Avenue in Clinton Hill, Brooklyn. Designed by DXA Studio and developed by Quinlan Development Group, the structure yields 138 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $92,572 to $187,330.
The affordable housing lottery has launched for Lincoln at Bankside, a 25-story residential building at 101 Lincoln Avenue in Mott Haven, The Bronx. Designed by Hill West Architects and developed by Brookfield, the structure yields 921 residences. Available on NYC Housing Connect are 145 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,572 to $215,150.
Construction is nearly complete on 130 Hope Street, a seven-story residential building in Williamsburg, Brooklyn. Designed by J Frankl Associates and developed by Clipper Equity, the structure will eventually comprise 143 rental units, ground-floor retail space, and a collection of tenant amenity spaces. The property was formerly addressed as 134 Hope Street and is expected to debut this spring.
The affordable housing lottery has launched for 4435 White Plains Road, a seven-story mixed-use building in Wakefield, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 82 residences. Available on NYC Housing Connect are 27 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $187,330.
The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.
