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Rendering of 100 Gold Street, courtesy of FXCollaborative

Next Steps Announced For 100 Gold Street Redevelopment In the Financial District, Manhattan

The City of New York has announced the next steps in the redevelopment of 100 Gold Street, a city-owned building planned for conversion into a mixed-income residential building in Manhattan’s Financial District. Led by the New York City Economic Development Corporation (NYCEDC) and the New York City Department of Housing Preservation and Development (HPD), the project will yield approximately 1,000 units and is part of Mayor Eric Adams’ “Manhattan Plan,” which aims to create 100,000 new homes in the borough over the next decade. The 95,000-square-foot building is located at the corner of Gold Street and Frankfort Street.

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Housing Lottery Launches for 129 3rd Street in Gowanus, Brooklyn

The affordable housing lottery has launched for 129 3rd Street, an 11-story mixed-use building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Konstantin Gubareff of Prospect Developers II, the structure yields 132 residences. Available on NYC Housing Connect are 33 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $37,612 to $218,010.

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Foundations Underway At 960 Franklin Avenue in Crown Heights, Brooklyn

Foundations are quickly taking shape at 960 Franklin Avenue, the site of a seven-story residential building in Crown Heights, Brooklyn. Designed by Hamish Whitefield and developed and built by YS Developers LLC, the 240,000-square-foot structure will yield 290 rental apartments, on-site parking for 145 vehicles, and a cellar level. Franklin Plaza II LLC is listed as the owner of the property, which is located at the intersection of Franklin Avenue and Montgomery Street.

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Housing Lottery Launches for Longview at 380 4th Avenue in Gowanus, Brooklyn

The affordable housing lottery has launched for Longview, a 17-story residential building at 380 4th Avenue in Gowanus, Brooklyn. Designed by GF55 Architects and developed by Quinlan Development Group LLC, the structure yields 197 residences and 14,000 square feet of ground-floor commercial space. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $35,589 to $150,930.

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