Construction is now complete on Tree of Life, a new affordable housing project at 89-46 164th Street in Jamaica, Queens. Developed in collaboration by First Jamaica Community and Urban Development Corporation (FJCUDC) and Bluestone Organization and designed by GF55 Architects, the 12-story building comprises 174 affordable units for a range of incomes from extremely low to moderate- and middle-income households. A total of 53 apartments will be permanently affordable under the city’s inclusionary housing program.
L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.
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.
Construction is complete on phase one of the Sendero Verde complex, a 361-unit residential tower at 60 East 112th Street and the largest Passive House development in the country. Located in East Harlem, Manhattan, the tower stands 15 stories tall and comprises roughly 395,000 square feet.
Construction is complete on Vital Brookdale, a 160-unit affordable and supportive housing development at 535 East 98th Street in Brownsville, Brooklyn. The development team for Vital Brookdale includes Smith & Henzy Affordable Group and The New York Foundling, a non-profit agency founded in 1869 that provides foster care, mental health services, educational programs, and a litany of community support services across the New York City region.