Housing Lottery Launches for HELP Hinsdale C at 314 Hinsdale Street in East New York, Brooklyn

By Vanessa Londono

The affordable housing lottery has launched for HELP Hinsdale C, a six-story residential building at 314 Hinsdale Street in East New York, Brooklyn. Designed by Curtis and Ginsberg Architects and developed by HELP Development Corp., the structure yields 51 residences. Available on NYC Housing Connect are 30 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $46,115 to $126,240.

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2 World Trade Center. Photo by Michael Young.

New York YIMBY’s 2026 First-Quarter Construction Report Tallies a Dramatic Increase in Development

By Vitali Ogorodnikov

In December 2024, the New York City Council passed The City of Yes for Housing Opportunity, a sizable zoning amendment meant to facilitate and encourage much-needed residential construction in the housing-starved megapolis. A year later, the legislative measure already appears to yield much-welcome positive results. A data sheet that provides detailed information on each proposed project and their development teams is available with a subscription to YIMBY’s Building Wire.

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Red Hook, Brooklyn. Photo by Michael Young.

New Residential And Commercial Projects Underway in Red Hook, Brooklyn

By Michael Young and Matt Pruznick

YIMBY recently visited Red Hook, Brooklyn to check in on five low-rise residential and commercial buildings under construction. The projects are all located west of Dwight Street in the northern end of the district, within walking distance of the Red Hook ferry terminal, and are emblematic of the city’s steady transformation of former industrial areas into vibrant mixed-use communities.

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Developers Secure $374 Million Refinancing for Williamsburg Wharf in Williamsburg, Brooklyn

By Max Gillespie

Naftali Group and Access Real Estate have secured a $374.35 million refinancing for Phase I of Williamsburg Wharf, a 3.75-acre waterfront development at 470 Kent Avenue in Williamsburg, Brooklyn. The loan was provided by Barings and refinances the project’s first phase, which includes the rental buildings Two, Three, and Four Williamsburg Wharf. The property is bounded by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

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