This week the city’s Department of Housing Preservation and Development (HPD) announced $13.6 million in housing tax credits was awarded to seven developments. These projects will be responsible for creating and preserving 583 affordable units throughout the city.
Alembic Community Development
Large developments don’t often come to the blocks of Broadway as it snakes through Upper Manhattan, but today YIMBY has an update on 4790 Broadway, which we first covered back in January of 2017. Since then, the City has moved forward with development plans, selecting Fogarty Finger and Andrew Berman Architects to design the project, now revealed through official renderings.
Construction is complete on the residential conversion of the former P.S. 186, a previously-dilapidated five-story structure located at 525 West 145th Street, in the Hamilton Heights section of Harlem. The latest photos of the building, dubbed the Residences at PS186, can be seen in a Curbed NY report. The building contains 79 residential units, all of which are renting at below-market rates through the affordable housing lottery. The apartments, ranging from studios to two-bedrooms, should average 1,089 square feet apiece. The Boys and Girls Club of Harlem will occupy 11,000 square feet of space on the ground floor.
A slew of affordable housing projects are headed for an industrial slice of the central Bronx sandwiched between the Cross Bronx Expressway and the elevated subway tracks. The latest development to join the list is a 10-story affordable residential building at 1880 Boston Road, in a long-neglected neglected neighborhood known as West Farms.
Back in late 2014, renderings and details surfaced of the 78-unit residential conversion of the five-story former Public School 186 at 525 West 145th Street, in Hamilton Heights. Harlem+Bespoke now reports the façade of the once dilapidated structure has been largely restored. Eight of the residential units will rent at market-rate prices, although the rest will rent at below market-rates spanning a wide range of income brackets. Apartments at the Residences at PS186 will come in studio-, one-, and two-bedroom configurations and will spread across 100,533 square feet of residential space, which means units should average a spacious 1,289 square feet apiece. The Boys and Girls Club of Harlem will operate 11,302 square feet of the building. Dattner Architects is behind the design, and Monadnock Development, Alembic Community Development, and the city’s Department of Housing Preservation and Development are the developers. Completion is expected this summer.