The affordable housing lottery has launched for 88 East 127th Street, a 19-story mixed-use building in East Harlem, Manhattan. Designed by GF55 Architects and developed by Artimus Construction, the structure yields 160 residences. Available on NYC Housing Connect are 40 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $29,109 to $198,250.
Excavation is underway at 729 Second Avenue, the site of a 20-story residential building in Murray Hill, Manhattan. Designed by CetraRuddy and developed by Brause Realty, the 237-foot-tall structure will yield 120,000 square feet with 157 units and 4,600 square feet of ground-floor retail space. Titan Industrial SVC Corp and Alba Services Inc. are the demolition contractors for the property, which is located between East 38th and East 39th Streets.
The affordable housing lottery has launched for 514 Herkimer Street, an eight-story residential building in Bedford Stuyvesant, Brooklyn. Designed by ARC Architecture + Design Studio and developed by Oren Shalev under the 514 Herkimer LLC, the structure yields 15 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $82,286 to $165,230.
The affordable housing lottery has launched for Garden Towers, a new affordable housing building for seniors, located at 1323 Boston Road and 1332 Clinton Avenue in Morrisania, Bronx. Designed by Newman Design Architects and developed by Foxy Management, the seven- and eight-story residential structures yields 150 residences total. Available on NYC Housing Connect are 104 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $63,550.
Rockabill Consulting has closed on an $89 million financial package to facilitate completion of 671 Tinton Avenue, a new affordable housing property in the South Bronx. The development, known as St. Anselm Apartments, is located in the Woodstock neighborhood and will comprise 126 apartments, including 63 supportive housing units.
