Affordable Housing

Rendering of Euclid Glenmore Apartments, an affordable housing project in Brooklyn, NY

Renderings Reveal Euclid Glenmore Apartments at 437 Euclid Avenue in East New York, Brooklyn

7:30 am on November 4, 2022 By Sebastian Morris

New renderings from Urban Architectural Initiatives are the first to reveal Euclid Glenmore Apartments, an eight-story affordable housing property at 437 Euclid Avenue in East New York, Brooklyn. Designed by The Lantern Organization and Mega Contracting Group, which closed on $11.5 million in construction financing to complete the project, the building will comprise 135 units. A total of 81 units will be reserved for formerly homeless families, and the remainder for households at or below 60 percent area median income (AMI).

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Housing Lottery Launches for 9-24 Main Avenue in Astoria, Queens

7:00 am on November 4, 2022 By Vanessa Londono

The affordable housing lottery has launched for 9-24 Main Avenue, a six-story mixed-use building in Astoria, Queens. Designed by Gerald Caliendo Architect and developed by Ravi Patel, the structure yields 14 residences. Available on NYC Housing Connect are ten units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $187,330. All new leases also get one month free rent.

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Developers, City Officials Celebrate Grand Opening of 425 Grand Concourse in Mott Haven, The Bronx

7:30 am on November 3, 2022 By Sebastian Morris

Developers, New York City officials, and community leaders recently joined to celebrate the grand opening of 425 Grand Concourse, a 26-story affordable housing property in Mott Haven, The Bronx. Designed by Dattner Architects and developed by Trinity Financial and local non-profit group MBD Community Housing Corporation, the 300,000-square-foot structure will yield 277 affordable apartments, an educational facility, a health clinic, a supermarket, and a community cultural space.

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Housing Lottery Launches for 1686 Weeks Avenue in Claremont, The Bronx

6:30 am on November 3, 2022 By Vanessa Londono

The affordable housing lottery has launched for 1686 Weeks Avenue, a six-story residential building in Claremont, The Bronx. Designed by ADB Associates and developed by Israel Frankel of Isra Holdings, the structure yields 25 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,360 to $156,130.

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Rendering of 500 Main Street - Niles Bolton Associates

Construction Breaks Ground at 500 Main Street in Downtown New Rochelle

7:30 am on November 2, 2022 By Sebastian Morris

Construction is now underway at 500 Main Street, the site of a 26-story mixed-use tower in New Rochelle. Designed by Niles Bolton Associates and developed by BRP Companies and the Urban Investment Group of Goldman Sachs Asset Management, the downtown project will yield 620,000 square feet with 477 rental apartments, a church, retail space, and a parking garage with electric vehicle charging stations.

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