Affordable Housing

Housing Lottery Launches for 144 Units at 241 West 28th Street in Chelsea, Manhattan

7:30 am on February 3, 2023 By Vanessa Londono

The affordable housing lottery has launched for Ruby, a 22-story, two-tower mixed-use development at 241 West 28th Street in Chelsea, Manhattan. Designed by COOKFOX Architects and developed by MAG Partners, Atalaya, Safanad, and Qualitas, the structure yields 480 residences. Available on NYC Housing Connect are 144 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,138 to $187,330.

Affordable Housing Lottery Launches for 200 Montague Street in Brooklyn Heights

7:00 am on February 2, 2023 By Vanessa Londono

The affordable housing lottery has launched for 200 Montague Street, a 20-story residential building in Brooklyn Heights, Brooklyn. Designed by Beyer Blinder Belle and developed by Aurora Capital Partners, the structure yields 121 residences. Available on NYC Housing Connect are 38 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $54,960 to $215,1500.

Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

7:00 am on January 31, 2023 By Sebastian Morris

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

A completed building at The Fountains - Courtesy of Jasmine Blake, Berlin Rosen

The Fountains Affordable Housing Development Achieves Full Occupancy in East New York, Brooklyn

7:00 am on January 30, 2023 By Sebastian Morris

The Fountains, a 1,163-units affordable housing complex in East New York, Brooklyn is now 100 percent leased. Developed by The Arker Companies, the complex spans 35 acres and includes six buildings located at 11629 Seaview Avenue, 911 Erskine Street, 10 Schroeder’s Walk, 702 Vandalia Avenue, 881 Erskine Street, and 894 Fountain Avenue.

Housing Lottery Launches for 627 Franklin Avenue in Crown Heights, Brooklyn

6:30 am on January 28, 2023 By Vanessa Londono

The affordable housing lottery has launched for 627 Franklin Avenue, a six-story mixed-use building in Crown Heights, Brooklyn. Designed by Issac & Stern Architects and developed by Zohar Zauber under the 627 Franklin Avenue LLC, the structure yields ten residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $111,498 to $187,330.

Housing Lottery Launches for 1463 New York Avenue in East Flatbush, Brooklyn

7:00 am on January 27, 2023 By Vanessa Londono

The affordable housing lottery has launched for 1463 New York Avenue, a six-story mixed-use building in East Flatbush, Brooklyn. Designed by Vikatos Architect and developed by Balanced Living Development, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $187,330.

Daytime view of Morris Heights Mews at 1695 Grand Avenue

Camber Property Group Announces Renovation Program for Two Affordable Housing Projects in The Bronx

7:30 am on January 26, 2023 By Sebastian Morris

Following Camber Property Group’s acquisition of Morris Heights Mews and Trinity Apartments, two deeply affordable housing properties in The Bronx, the company has announced comprehensive renovation programs that will improve energy efficiency and resident comfort.

Housing Lottery Launches for 46 Stockholm Street in Bushwick, Brooklyn

6:30 am on January 26, 2023 By Vanessa Londono

The affordable housing lottery has launched for 46 Stockholm Street, a four-story residential building in Bushwick, Brooklyn. Designed by Infocus Design & Planning and developed by Benno Schubert under the Hiline Gardens LLC, the structure yields six residences. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $84,000 to $187,330.

Affordable Housing Lottery Launches for 282 Grand Street on Manhattan’s Lower East Side

6:30 am on January 25, 2023 By Vanessa Londono

The affordable housing lottery has launched for 282 Grand Street, a seven-story residential building on the Lower East Side of Manhattan. Designed by DeFonseca Architects and developed by Prosper Property Group, the structure yields 25 residences. Available on NYC Housing Connect are eight units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $54,755 to $156,130.

Tree of Life, at 89-46 164th Street in Jamaica, Queens. Courtesy of NY Housing Connect

Tree of Life Affordable Housing Development Debuts at 89-46 164th Street in Jamaica, Queens

7:00 am on January 23, 2023 By Sebastian Morris

Construction is now complete on Tree of Life, a new affordable housing project at 89-46 164th Street in Jamaica, Queens. Developed in collaboration by First Jamaica Community and Urban Development Corporation (FJCUDC) and Bluestone Organization and designed by GF55 Architects, the 12-story building comprises 174 affordable units for a range of incomes from extremely low to moderate- and middle-income households. A total of 53 apartments will be permanently affordable under the city’s inclusionary housing program.

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Affordable Housing

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