Camber Property Group has completed a $105 million acquisition of three Project Based Section 8 affordable housing complexes formerly owned by Omni New York. The three properties include Grace Towers, a 168-unit building in East New York, Brooklyn; Target V Apartments in the Morris Heights section of The Bronx; and Madson Apartments in East Harlem.
The affordable housing lottery has launched for The Victoria Tower Residences, a 26-story mixed-use building at 230 West 126th Street in Harlem, Manhattan. Designed by Aufgang Architects, the structure yields 191 residences. Available on NYC Housing Connect are 102 units for residents at 50 to 130 percent of the area median income (AMI), ranging in eligible income from $28,835 to $167,570.
Permits have been filed for a seven-story residential building at 240 West 123rd Street in Harlem, Manhattan. Located between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard, the lot is two blocks from the 125th Street subway station, serviced by the 2 and 3 trains. Tomas Machiavello of Freres, Inc. is listed as the owner behind the applications.
The Landmarks Preservation Commission (LPC) unanimously approved a comprehensive renovation of the historic Harlem River Houses surrounding West 151st Street and Adam Clayton Powell Jr. Boulevard in Upper Manhattan. The scope of work includes major improvements to the existing landscape design and outdoor recreation areas, lighting and security improvements, new retail storefronts, refurbished apartments, and sustainability improvements.
The New York City Department of Housing Development and Preservation (HPD) has revealed two large-scale mixed-use properties in East Harlem that will create a new Afro-Latin Music and Arts (ALMA) Center and 600 affordable housing units. The ALMA Center will be operated by the Afro Latin Jazz Alliance and the housing units will serve low-income families and the formerly homeless.
