BFC Partners

Affordable Housing Lottery Launches for The Kira at 153-19 Jamaica Avenue in Jamaica, Queens

The affordable housing lottery has launched for The Kira, a 21-story mixed-use building at 153-19 Jamaica Avenue in downtown Jamaica, Queens. Designed by GF55 Architects and developed by SMJ Development with BFC Partners and New Destiny Housing, the structure yields 69 residences and 6,000 square feet of ground-floor retail space. Available on NYC Housing Connect are 69 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $57,326 to $85,920.

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1089 President Street in Crown Heights, Brooklyn. Courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 1089 President Street in Crown Heights, Brooklyn

The affordable housing lottery has launched for Bedford Union Armory, an eight-story residential building at 1089 President Street in Crown Heights, Brooklyn. Developed by BFC Partners, the structure will yield 60 units. The first phase of the lottery is available on NYC Housing Connect and includes 55 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $14,778 to $88,800.

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Coney Island Phase I courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 400 Units at Coney Island Phase I in Brooklyn

The affordable housing lottery has launched for Coney Island Phase I, a residential building addressed as both 2926 West 19th Street and 2943 West 20th Street in Coney Island, Brooklyn. Developed by BFC Partners, L+M Development Partners, and Taconic Investment Partners, the 521,000-square-foot structure consists of two 16-story towers above a seven-story podium. Available on NYC Housing Connect are 400 units for residents at 30 to 130 percent of the area median income (AMI), ranging in eligible income from $14,778 to $192,400.

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One Essex Crossing Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on One Essex Crossing, a 14-story full-block development at 202 Broome Street on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, which is comprised of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the mixed-use project will add a mix of residential and office space to the nine-building Essex Crossing master plan. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing, with prices ranging from $890,000 for a studio to $6,689,000 for a duplex penthouse.

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Construction Completes on The Artisan at 180 Broome Street in Essex Crossing, Lower East Side

Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.

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