The affordable housing lottery has launched for 414 East 152nd Street, an eight-story mixed-use building in Melrose, The Bronx. Designed by Baobab Architects and developed by Shaya Seidenfeld of MZS Realty Corp., the structure yields 44 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $198,250.
The Beitel Group has secured a $150 million loan for the development of 120 East 144th Street, a new residential project in Mott Haven, The Bronx. The funding, which was supplied by SCALE Lending, will support the construction of the 13-story, 450-unit property.
The affordable housing lottery has launched for 714 East 217th Street, a four-story residential building in Williamsbridge, The Bronx. Designed by Baobab Architects and developed by Shaya Seidenfield, the structure yields 17 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
Permits have been filed for a four-story residential building at 3046 Decatur Avenue in Norwood, The Bronx. Located between East Mosholu Parkway North and East 204th Street, the lot is within walking distance of Norwood subway station, serviced by the D train. Lin Kumbullaj of Kiri Construction Corp. is listed as the owner behind the applications.
The affordable housing lottery has launched for The Bronx Vibe, a 12-story mixed-use building at 299 East 161st Street in Concourse Village, The Bronx. Designed by IMC Architecture and developed by Integra Development Group, the structure yields 154 residences. Available on NYC Housing Connect are 47 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $62,983 to $198,250.
