The NYCHA has revealed plans to significantly renovate and repair its aging portfolio of affordable housing properties in a deal valued at $271 million. Referred to as PACT, or Permanent Affordability Commitment Together, the consortium of public and private entities has committed to renovations on 16 individual buildings including 1,718 apartments throughout Manhattan.
Construction has broken ground at 1921 Atlantic Avenue, a new 144-foot-tall affordable housing project in Bedford-Stuyvesant, Brooklyn. Designed by GF55 Partners, the 14-story residential building will yield 264,520 square feet, with residential amenity spaces, a community center, and a ground-floor supermarket in addition to the 235 units.
Final renderings from Dattner Architects offer a clearer picture of a rising six-story building at 110 East 149th Street in The Bronx. The commercial property sits at the buzzing convergence of the Major Deegan Expressway and the 145th Street Bridge near the Harlem River Waterfront in the borough’s Grand Concourse Historic District.
Construction is now underway on the top floor of the 13-story, 157-unit residential building under development at 530 Exterior Street, in the South Bronx’s Mott Haven section. Progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the building will encompass 151,107 square feet and rise 120 feet to its main roof, not including bulkhead elements. The apartments should average 910 square feet apiece. All of them will rent at below-market rates through the affordable housing lottery. Monadnock Construction is the developer and Dattner Architects is the architect. Completion is anticipated in early 2018, although it appears the project is much ahead of schedule.
Construction is up to the fourth floor on the planned 13-story, 157-unit residential building being developed at 530 Exterior Street, located on the western end of Mott Haven. The construction progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project will eventually rise 120 feet above street level and measure 151,107 square feet. All of the project’s residential units will rent at below-market rates through the affordable housing lottery. They will average 910 square feet apiece and will be accommodated by amenities including, but not limited to, a fitness center, an outdoor recreational area behind the building, 50 off-street parking spaces, and laundry facilities. Monadnock Construction is the developer and Dattner Architects is behind the design. Completion is expected in early 2018.