Governor Kathy Hochul

Rendering of the Alafia campus along Fountain Avenue and Betts Creek

Renderings Reveal $1.2B Mixed-Use Alafia Campus in East New York, Brooklyn

7:30 am on December 28, 2022 By Sebastian Morris

Developers and New York State agencies have revealed renderings for Alafia, a 27-acre redevelopment project in East New York, Brooklyn. Located along Fountain Avenue near the Betts Creek waterfront, the $1.2 billion multi-phase campus will create 2,400 affordable apartments, a 15,000-square-foot outpatient medical clinic, retail space, multiple parking areas, and a mix of publicly accessible green space and recreational area.

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Rendering of the new town square in Riverhead, Long Island

New York State Awards $20M to Support Community Projects in Riverhead and Amityville, Long Island

7:00 am on December 27, 2022 By Sebastian Morris

Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.

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Rendering of the new Kimlau Square in Chinatown

New York State Awards $20M to Finance 11 Community Improvement Projects in Chinatown, Manhattan

7:00 am on December 25, 2022 By Sebastian Morris

Manhattan’s Chinatown neighborhood is the latest recipient of a $20 million award from New York State’s Downtown Revitalization Initiative, an economic development program led by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA. The award will support 11 projects across the neighborhood that will improve streetscape connectivity and support the creation of new public gathering spaces, community facilities, and public artworks.

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A completed battery storage facility in the Bronx - NineDot Energy

NineDot Energy Secures $85 Million Loan for 11 Renewable Community Energy Projects

7:00 am on December 20, 2022 By Sebastian Morris

NineDot Energy, one of the leading developers of community-accessible clean energy projects in the New York City region, has secured an $85 million loan for 11 new projects in The Bronx, Staten Island, Queens, and Long Island. The funding supports the completion of battery storage facilities that will provide sources of redundant, clean energy to existing grid infrastructure during peak demand, which helps avoid costly outages and unexpected service interruptions.

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Rendering of Logan Fountain - MHG Architects

Developers Celebrate Groundbreaking on Logan Fountain at 265 Logan Street in Cypress Hills, Brooklyn 

7:30 am on December 16, 2022 By Sebastian Morris

Developers and elected officials recently joined for a groundbreaking ceremony at Logan Fountain, a 169-unit mixed-income housing property at 265 Logan Street in Cypress Hills, Brooklyn. Designed by MHG Architects and developed in collaboration by The Hudson Companies, Jericho Project, and HELP USA, the 13-story building is the latest development to break ground as a result of the 2016 East New York Rezoning Initiative and will comprise a mix of affordable and supportive housing units. Construction began in August and is expected to wrap up by the end of 2024.

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