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.
A new environmental assessment statement includes the first preliminary renderings of a 101,000-square-foot mixed-use development along the Gowanus Canal in Brooklyn. Submitted as 300 Huntington Street, the proposed development sits on the border of the Carroll Gardens and Gowanus neighborhoods and comprises an assemblage of four adjacent lots.
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.
The housing lottery is now open for Nehemiah Spring Creek, two separate residential developments in East New York, Brooklyn. Developed by Nehemiah Housing Development Fund Company, a non-profit housing affiliate for East Brooklyn Congregations in partnership with Monadnock Development, the buildings in this phase yield a total 214 rentals in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are the 214 apartments for residents with an eligible income between $18,618 to $126,900, ranging from 30 to 90 percent of the Area Median Income (AMI). The structures are part of a 45-acre development plan that brings a mix of retail, affordable apartment rentals, and townhouse home ownership.
Construction has topped out on One East Harlem, a 19-story mixed-use building at 201 East 125th Street in Harlem. Designed by S9 Architecture, the reinforced concrete structure prominently rises above its surroundings and will yield over 420,000 square feet of newly built space. Work broke ground last summer and required the demolition of a couple low-rise structures occupying the site. Richman Group Development, Bridges Development Group, and Monadnock Development are the developers of the project, and received a mix of public and private funding from Citigroup, the Department of Housing Preservation and Development, and the New York City Housing Development Corporation.