The affordable housing lottery has launched for 61 Schaefer Street, a four-story residential building in Bushwick, Brooklyn. The 7,343-square-foot masonry development was designed by ARC Architecture + Design Studio and yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,286 to $139,620.
Construction is nearing completion on One Essex Crossing, a 14-story full-block development at 202 Broome Street on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the mixed-use project will add a mix of residential and office space to the nine-building Essex Crossing master plan. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing, with prices ranging from $890,000 for a studio to $6,689,000 for a duplex penthouse.
Updated renderings from West Egg Development reveal three forthcoming rental properties in Brooklyn’s East Flatbush neighborhood. The properties are located at 102-104 East 53rd Street and 110 East 53rd Street, between Winthrop Street and Clarkson Avenue.
The affordable housing lottery has launched for 25-18 32nd Street, a six-story mixed-use building in Astoria, Queens. The 7,081-square-foot masonry development yields seven units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $159,640.
Permits have been filed for four three-story residential buildings at 2570-2576 Young Avenue in Pelham Gardens, The Bronx. Located between Allerton Avenue and Mace Avenue, the adjacent lots are within walking distance of the Pelham Parkway subway station, serviced by the 5 train. Saman Rabbanifar under the Young Avenue Development LLC is listed as the owner behind the applications.
