Housing Lottery Launches for 311 Franklin Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 311 Franklin Avenue, a seven-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Sion Consulting and developed by Mathew Ahdoot of United Bay Ridge, the structure yields ten residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $90,858 to $187,330.

Read More


Self Storage Facility Nears Completion at 41-47 East 21st Street in Flatiron District, Manhattan

Construction is nearing completion on a Cube Smart self storage facility at 41-47 East 21st Street in the Flatiron District. Developed by Mequity Companies, which purchased the property from The Zucker Organization for $32.3 million in March 2019, the project involves the conversion of a four-story, 50,000-square-foot parking garage into a storage facility. Equity E. 21st Owner LLC is the owner and Park East Construction is the general contractor for the property, which is located Fifth Avenue and Park Avenue.

Read More