The affordable housing lottery has launched for 129 3rd Street, an 11-story mixed-use building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Konstantin Gubareff of Prospect Developers II, the structure yields 132 residences. Available on NYC Housing Connect are 33 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $37,612 to $218,010.
The affordable housing lottery has launched for Longview, a 17-story residential building at 380 4th Avenue in Gowanus, Brooklyn. Designed by GF55 Architects and developed by Quinlan Development Group LLC, the structure yields 197 residences and 14,000 square feet of ground-floor commercial space. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $35,589 to $150,930.
New York City has officially relaunched its J-51 tax abatement program, now rebranded as J-51 R, to support the rehabilitation and sustainability of rent-regulated, cooperative, and condominium buildings. The New York City Department of Housing Preservation and Development (HPD) has opened applications for the newly reformed program, with a three-month window for building owners to apply. This initiative is aimed at preserving affordable housing while facilitating compliance with the city’s climate mandates.
The affordable housing lottery has launched for 1073 Tiffany Street, a four-story residential building in Longwood, The Bronx. Designed by Node Architecture, Engineering, Consulting PC and built in 2021, the structure yields 14 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,052 to $161,590.
Work has begun on a 19-story all-affordable housing complex at 1760 Third Avenue in East Harlem, Manhattan. Designed by Dattner Architects and developed by Breaking Ground, New York’s largest non-profit supportive housing developer, the project involves the conversion of a former dormitory for Hunter College and Baruch College into housing for low-income and formerly homeless individuals with 434 units. The property is located between East 97th and East 98th Streets.
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