Greenpoint‘s latest affordable housing property will soon take shape at 35 Commercial Street following the acquisition of $170 million in construction financing. The forthcoming property is located within the Greenpoint Landing mega-complex in north Brooklyn and will eventually introduce 374 affordable housing units to the neighborhood.
The Department of Housing Preservation and Development (HPD) is now in search of a development partner to accelerate Resilient Edgemere, a major initiative to reinvigorate the Edgemere section of the Rockaways. The primary objective of the plan is to advance development of mixed-use, residential, and affordable housing properties in the community.
Full demolition permits have been filed for 201-207 Seventh Avenue in Chelsea, Manhattan. Located at the intersection of Seventh Avenue and West 22nd Street, the 3,700-square-foot site is occupied by four adjacent, five-story mixed-use buildings.
Construction is nearing completion on 145 West 108th Street, an 11-story mixed-use building on Manhattan’s Upper West Side. Designed by Dattner Architects and developed by the West Side Federation for Senior and Supportive Housing, the nearly 200,000-square-foot project will yield 199 units for both low-income families and seniors, and an upcoming Valley Lodge facility serving 110 seniors. The property will also include 160,453 square feet of community facility space, a new home for the Central Park Medical Unit, and public restrooms for Anibal Aviles Playground directly adjacent to the east of the structure. A second phase to the east near the end of the block will bring an additional 81 senior living spaces.
The affordable housing lottery has launched for 1074 Washington Avenue Senior Housing, a 12-story mixed-use building with 154 units in Morrisania, The Bronx. The 135,360-square-foot development is being constructed through the Senior Affordable Rental Apartments and Inclusionary Housing Programs of the New York City Housing Preservation & Development and financed under Article XV of the New York Private Housing Finance Law. Available on NYC Housing Connect are 96 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $51,200.
