The affordable housing lottery has launched for 300 East 83rd Street, a 22-story residential building on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Lalezarian Properties, the structure yields 70 residences. Available on NYC Housing Connect are 28 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $59,280 to $218,010.
Permits have been filed for a four-story residential building at 727 East 215th Street in Williamsbridge, The Bronx. Located between Barnes Avenue and White Plains Road, the lot is near the 219th Street subway station, serviced by the 2 and 5 trains. Israel Frankel of Silverlight Management is listed as the owner behind the applications.
Façade installation is progressing on 164 4th Avenue, a 17-story residential building in Gowanus, Brooklyn. Designed by SBLM Architects and developed by JLL Capital Markets, the 142,000-square-foot structure will yield 160 rental apartments with 30 percent designated as affordable housing, as well as 12,391 square feet of ground-floor commercial space. The 13,840-square-foot site was formerly occupied by a gas station and is located at the corner of 4th Avenue and Douglass Street.
The New York City Housing Development Corporation, The New York City Department of Housing Preservation and Development, and Douglaston Development have announced the closing of construction financing for 2868 Webster Avenue, a 12-story, 277-unit affordable housing building in Bedford Park, The Bronx. The 250,000-square-foot project is the second phase of a two-phase affordable development following 2850 Webster Avenue, a 188-unit senior housing structure that opened in fall 2023.
