Housing Lottery Launches for 12-22 Astoria Boulevard in Astoria, Queens

The affordable housing lottery has launched for 12-22 Astoria Boulevard, a five-story mixed-use building in Astoria, Queens. Designed by Angelo Ng + Anthony Ng Architect and developed by Brett Harris of AKI Development, the structure yields 10 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 $96,000 to $218,010.

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Exterior Work Continues on 585 Union Street in Gowanus, Brooklyn

Exterior work is progressing on 585 Union Street, a nine-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros CapitalCharney Companies, and Canyon Partners, the 95-foot-tall structure will span 167,000 square feet and yield 214 rental units in studio to three-bedroom layouts, with 25 percent designated as affordable housing, as well as 8,900 square feet of ground-floor commercial space. The property is bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east.

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Rendering of 632-636 South Broadway, courtesy of Thompson & Bender

Yonkers IDA Preliminarily Approves Incentives For The Parker at 632-636 South Broadway in Yonkers

The Yonkers IDA has issued preliminary approval for financial incentives for The Parker, a 16-story affordable housing project at 632-636 South Broadway in Yonkers. The $116.2 million project is part of a $174.5 million investment initiative that includes another affordable development, The Abbey on the Park, which will be located at 21-23 Park Avenue. Collectively, both projects are expected to create 410 construction jobs and add 242 new residential units to the local market.

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