Rendering of The Lirio, by CetraRuddy

Developers Secure Financing for The Lirio at 364 West 54th Street in Hell’s Kitchen, Manhattan

7:30 am on March 30, 2024 By Max Gillespie

The Hudson Companies, in collaboration with Housing Works and supported by the New York City Department of Housing and Preservation and the Metropolitan Transit Authority, has finalized a $119 million financing package for The Lirio, a new mixed-use development located at 364 West 54th Street in Hell’s Kitchen, Manhattan. The project aims to transform a parking lot into a property that offers affordable housing, MTA office space, and retail space.

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Housing Lottery Launches for 2-24 26th Avenue in Astoria, Queens

7:00 am on March 30, 2024 By Vanessa Londono

The affordable housing lottery has launched for 2-24 26th Avenue, a six-story residential building in Astoria, Queens. Designed by FNA Engineering and developed by Yitzchok Katz of Developing NY State, the structure yields 137 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $198,250.

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New Renderings Revealed For 89 Dekalb Avenue in Fort Greene, Brooklyn

8:00 am on March 29, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 89 Dekalb Avenue, a 30-story mixed-use building under construction in Fort Greene, Brooklyn. Designed by Perkins Eastman and developed by RXR, the 348-foot-tall structure will span 289,000 square feet and yield 324 rental apartments with 98 rent-stabilized units, as well as 55,000 square feet of academic space for Long Island University, a cellar level, a 30-foot-long rear yard, two loading berths, nearly 15,000 square feet of amenities, and an enclosed parking garage for up to 198 vehicles with electric charging stations. Whitehall Interiors is the interior designer, RXR LIU PII Developer TRS LLC is listed as the owner and LRC Construction is the general contractor for the property, which is located on an interior lot by the corner of Dekalb Avenue and Ashland Place.

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Photograph of Flatbush Gardens, courtesy of Clipper Realty

New Community Service Site Opens At Flatbush Gardens In East Flatbush, Brooklyn

7:30 am on March 29, 2024 By Max Gillespie

Clipper Equity and local non-profit organization Bridging Access to Care have announced the opening of a new community service center at 3301 Foster Avenue in Flatbush Gardens, a sprawling campus in East Flatbush, Brooklyn. The new service site plans to offer tailored supportive services to the predominantly low-income families that currently live on the campus, which houses nearly 2,500 apartments.

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