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Innovative Urban Village Receives $270 Million In Construction Financing In East New York, Brooklyn

Gotham Organization, in collaboration with Monadnock Development, the Christian Cultural Center, and New York City and State authorities, has secured $270 million in construction financing for the first phase of the Innovative Urban Village in East New York, Brooklyn. The project, which was designed by PAU, aims to transform 10.5-acre site currently owned by the Christian Cultural Center into a mixed-use urban village.

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Housing Lottery Launches for 299 East 161st Street in Concourse Village, The Bronx

The affordable housing lottery has launched for The Bronx Vibe, a 12-story mixed-use building at 299 East 161st Street in Concourse Village, The Bronx. Designed by IMC Architecture and developed by Integra Development Group, the structure yields 154 residences. Available on NYC Housing Connect are 47 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $62,983 to $198,250.

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Housing Lottery Launches for 286 East 163rd Street in Concourse Village, The Bronx

The affordable housing lottery has launched for 286 East 163rd Street, a six-story residential building in Concourse Village, The Bronx. Designed by Dario Architecture and Design and developed by Armin Jadadic under the 286 East 163rd Street LLC, the structure yields 18 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,778 to $198,250.

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Permits Filed for 280 East 161st Street in Concourse Village, The Bronx

Permits have been filed for a 19-story residential building to be used for shelter housing at 280 East 161st Street in Concourse Village, The Bronx. Located near the intersection of East 161st Street and Morris Avenue, the lot is near the 161st Street-Yankee Stadium subway station, serviced by the 4 train. Dimitrios Katehis of Gilbane Development Co. is listed as the owner behind the applications.

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Rendering of Urban Village in East New York, Brooklyn

Urban Village Mega-Complex Moves Forward in East New York, Brooklyn

Plans to construct the 10.5-acre Urban Village mega-complex in East New York, Brooklyn, are now under review by the New York City Department of Buildings. The complex is being developed by Gotham Organization, Monadnock Development, and the Christian Cultural Center and is bound by Pennsylvania Avenue to the northeast, Flatlands Avenue to the northwest, and Louisiana Avenue to the southwest.

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