The affordable housing lottery has launched for 1998 Second Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by GF55 Partners and developed by Peter Fine of Bolivar Development, the structure yields 164 residences. Available on NYC Housing Connect are 51 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $215,150.
Permits have been filed for a six-story mixed-use building at 91 East 111th Street in East Harlem, Manhattan. Located between Park and Madison Avenues, the lot is one block from the 110th Street subway station, serviced by the 6 train. Reuben Pinner of RYL Group is listed as the owner behind the applications.
Permits have been filed for a 15-story mixed-use building with affordable housing at 2005 Third Avenue in East Harlem, Manhattan. Located at the intersection of East 110th Street and Third Avenue, the corner lot is one block east of the 110th Street subway station on Lexington Avenue, serviced by the 6 train. Elie Fouerti is listed as the owner behind the applications.
Renderings have been revealed for 185 East 109th Street, a 17-story residential building in East Harlem. Designed by S. Weider Architects, the structure will yield 101 apartments and an assortment of health and wellness amenities. While not confirmed, the building will reportedly debut as a rental property.
LIHC Investment Group, Camber Property Group and Settlement Housing Fund have completed an $85 million acquisition of Lexington Court in East Harlem. The nine-building complex comprises 229 affordable apartments primarily along East 118th and East 119th Streets surrounding Park, Lexington, and Third Avenues.