Affordable housing

Rendering of Point & Ravine Apartments in the Warburton Ravine Urban Renewal Area

Yonkers IDA Votes for $72 Million Development Project in Ravine Neighborhood

A block in the Warburton Ravine Urban Renewal Area of Yonkers will soon see a significant overhaul thanks to the Yonkers Industrial Development Agency (IDA). On September 4, the IDA gave preliminary approval of financial incentives for a $72 million development known as Point & Ravine Apartments, developed through a public partnership between the City of Yonkers and developer Conifer Realty LLC. Construction costs are estimated at $43.4 million and land acquisition at $8.24 million.

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475 Clermont Avenue

Affordable Housing Lottery Opens for 810 Fulton Avenue in Clinton Hill, Brooklyn

The housing lottery is now open for 810 Fulton Street, a 12-story affordable housing development in Clinton Hill, Brooklyn. Alternately addressed as 475 Clermont Avenue, the newly constructed development by Rose Associates offers 37 affordable rentals in the form of studios, one-bedrooms, and two-bedrooms to New York households with incomes from $81,258–$159,640.

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Ten Questions With The Developers Of The Special Flushing Waterfront District Master Plan, in Flushing, Queens

Under the consortium of “FWRA LLC,” developers Richard Siu of F&T Group, John Liang of Young Nian Group LLC, and William Xu of United Construction & Development Group recently announced plans for the Special Flushing Waterfront District, a major redevelopment in downtown Flushing, Queens. Designed by Hill West Architects, the master plan would transform an underdeveloped swath of land bound by Flushing Creek, Northern Boulevard, College Point Boulevard, and Roosevelt Avenue into a mixed-use community, while simultaneously restoring and upgrading the neighborhood’s public waterfront access. YIMBY reached out to the development team with ten questions on what’s to come for the project.

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Illuastrative rendering depicts sum total building use-types within Stevenson Commons (if approved) - WXY Architecture + Urban Planning

Six-Building Expansion Proposed for Stevenson Commons at 755 White Plains Road in Soundview, The Bronx

Proposals from Camber Property Group reveal a massive expansion of Stevenson Commons, a mixed-income residential complex in the Soundview section of The Bronx. If approved by New York City’s Department of City Planning, the expansion will establish six new buildings with a sizable portion of residences reserved for senior demographics.

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