Affordable housing

Housing Lottery Units Still Available at 142 Richards Street in Red Hook, Brooklyn

The affordable housing lottery has relaunched for 142 Richards Street, a four-story residential building with units still available in Red Hook, Brooklyn. Designed by OCV Architects and developed by Cheever Development, the structure yields 17 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $88,972 to $198,250.

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Rendering of 250 Water Street - The Howard Hughes Corporation; SOM

Excavation Progresses for SOM’s 250 Water Street in South Street Seaport, Manhattan

Excavation is progressing at 250 Water Street, the site of a 25-story mixed-use building in the South Street Seaport district of Lower Manhattan. Designed by Skidmore, Owings & Merrill (SOM) and developed by The Howard Hughes Corporation, the 324-foot-tall structure will span 550,000 square feet and yield 399 total units with 100 affordable rental apartments, Class A offices, retail space, and community facility space. Suffolk Construction Company is the general contractor for the property, which is bound by Peck Slip to the northeast, Pearl Street to the northwest, Water Street to the southeast, and Beekman Street to the southwest.

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Housing Lottery Launches for 251 West 117th Street in Harlem, Manhattan

The affordable housing lottery has launched for 251 West 117th Street, a 13-story mixed-use building in Harlem, Manhattan. Designed by Gerner, Kronick + Valcarcel Architecture and developed by Artimus Construction, the structure yields 104 residences and 42 parking spaces. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $79,235 to $146,900.

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Housing Lottery Launches for 540 Graham Avenue in Greenpoint, Brooklyn

The affordable housing lottery has launched for 540 Graham Avenue, a five-story mixed-use building in Greenpoint, Brooklyn. Designed by Issac & Stern Architects and developed by Greenline Real Estate, the structure yields 25 residences, 13 parking spaces, and ground-floor retail space. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,086 to $165,230. One-bedroom tenants get one month free rent and studio tenants get two months free rent.

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