Affordable housing

Aerial view of Beach Dunes III at 331 Beach 35th Street - Bernheimer Architecture

Developers Secure $95.7M for Beach Green Dunes III at 331 Beach 35th Street in Far Rockaway, Queens

L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.

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Housing Lottery Launches for 1661 Madison Avenue in East Harlem, Manhattan

The affordable housing lottery has launched for 1661 Madison Avenue, an eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure yields 14 residences. Available on NYC Housing Connect are five units with a 2.5-month concession for residents at 130 percent of the area median income (AMI), ranging in eligible income from 101,143 to $156,130.

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Affordable Housing Launches for 108 Downing Street in Clinton Hill, Brooklyn

The affordable housing lottery has launched for 108 Downing Street, an eight-story mixed-use building in Clinton Hill, Brooklyn. Designed by Aufgang Architects and developed by Daniel Kimya under the Fulton Star LLC, the structure yields 50 residences and 9,196 square feet of ground-floor commercial space. Available on NYC Housing Connect are 15 units for residents at 70 to 120 percent of the area median income (AMI), ranging in eligible income from $38,160 to $172,920.

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Housing Lottery Launches for The Jackson at 35-64 85th Street in Jackson Heights, Queens

The affordable housing lottery has launched for The Jackson, a five-story mixed-use building at 35-64 85th Street in Jackson Heights, Queens. Designed by Angelo Ng + Anthony Ng Architects Studio and developed by Kelly’s Properties, the structure yields 40 residences. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,435 to $187,330.

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