The affordable housing lottery has launched for 1182 Ogden Avenue, a seven-story residential building in Highbridge, The Bronx. Designed by Tan Architect and developed by Fabian Ramirez under the 1174 Ogden LLC, the structure yields 21 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,715 to $165,230.
New York City’s Department of Housing Preservation and Development (HPD) has selected a trio of companies to convert an existing parking lot into a low income housing property for seniors and the formerly homeless. Located at 542 Dean Street in Prospect Heights, transformation of the city-owned lot will be led by Jobe Development Corp., Mega Group Development, and the Institute for Community Living, a non-profit agency based in New York.
Mayor Eric Adams has ushered in the next phase of the Midtown South Neighborhood Action Plan, a community development plan aimed at facilitating the conversion of office properties into multifamily residential buildings. Over time, the plan will update existing zoning rules and administrative hurdles that slow down the process for developers.
Elected officials and developers celebrated the completion of Avalon Harrison, a mixed-use affordable housing complex in Harrison, New York. Located adjacent to the Harrison Metro-North train station in Westchester County, the project was led by AvalonBay Communities, which worked closely with the Metropolitan Transportation Authority and local officials at every phase of the project.
Exterior work is complete on 35 Commercial Street, a 22-story affordable housing building in the Greenpoint Landing mega-complex in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC), the structure will yield 374 permanently affordable apartments and 7,600 square feet of lower-level retail space. Monadnock Construction is the general contractor for the property, which is bound by Commercial and Clay Streets to the south and Bell Slip to the west.
