The affordable housing lottery has launched for 360 West 43rd Street, a 23-story mixed-use building in Hell’s Kitchen, Manhattan. Developed by The Brodsky Organization in 2002, the structure yields 256 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,715 to $218,010.
Construction is wrapping up on Loden, a 17-story two-tower residential complex at 54 Crown Street and 131 Montgomery Street in Crown Heights, Brooklyn. Designed by Hill West Architects and developed by Carmel Partners, the project yields 569 rental units in studio- to two-bedroom layouts with 143 reserved for affordable housing. The property also contains 7,500 square feet of ground-floor retail space, a 1,500-square-foot community facility, and 182 enclosed parking spaces. The development is bound by Crown Street to the north, Montgomery Street to the south, and Franklin Avenue to the east.
62 Main, a new affordable housing project, has officially reached completion at 62 Main Street in Tarrytown, Westchester County. The property, which was formerly a YMCA, yields 108 units, 88 of which are designated for seniors aged 55 and older. Development cost approximately $54 million and was spearheaded by WBP Development, LLC.
A proposal has been submitted to the NYC LPC for the restoration and enhancement of the Harlem River Houses, a historic public housing complex in Harlem, Manhattan. The New York City Housing Authority (NYCHA) is working in collaboration with various artists to restore existing sculptures, introduce new public artwork, and install signage throughout the complex that spans from West 151st Street to West 153rd Street between Macombs Place and the Harlem River Drive.
The affordable housing lottery has launched for 25 Water Street, a 32-story office-to-residential conversion and expansion in the Financial District of Manhattan. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the structure yields 1,300 residences. Available on NYC Housing Connect are 330 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $31,955 to $173,340.
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