Developers behind a new eight-story affordable housing building in Yonkers recently secured more than $7.85 million in construction financing to complete the project. Known as 178 Warburton at The Ridgeway, the development will contain 81 mixed-income rental apartments for households between 30 percent and 90 percent of the area median income.
Construction has officially broken ground at 1159 River Avenue, a new 245-unit affordable housing project in the Concourse section of the South Bronx. Designed by Urban Quotient, the 19-story building will comprise 240,000 square feet. In addition to income-restricted and supportive housing, the structure will contain residential amenity spaces and a new ground-floor supermarket.
An Environmental Assessment Statement released by the NYC Department of City Planning reveals how proposals to rezone Manhattan’s SoHo and NoHo neighborhoods could permanently alter the area. The actions aim to expand allowable residential density for multifamily buildings, spur the construction of income-restricted and permanently affordable housing, and increase available community facilities. If approved, the upzone could spur the development of more than 3,200 new apartment units, 108,000 gross square feet of retail space, and 35,000 square feet of community facilities. Estimates for residential development include up to 940 affordable apartment units.
A new affordable housing project at 315 Linwood Street in East New York, Brooklyn, recently opened its doors to residents. Known as Linwood Park Apartments, the ten-story building contains 100 units of mixed-income housing, residential amenities, and supportive facilities for low-income and formerly homeless residents.
The Landmarks Preservation Commission (LPC) will soon review proposals to construct a new nine-story residential building on the campus of St. James Church Fordham in The Bronx. The scope of work also includes restoration of the church’s aging façade and modifications to the building’s internal organization.