Affordable housing

Housing Lottery Waiting List Launches for Waterside Plaza in Kips Bay, Manhattan

The affordable housing lottery waiting list has launched for Waterside Plaza, a complex with five mixed-use buildings at 10, 20, 25, 30, and 40 Waterside Plaza in Kips Bay, Manhattan. Owned by Brookfield Asset Management as of 2021, the structure yields 1,470 residences. Available on NYC Housing Connect are 26 units for residents at 130 and 160 percent of the area median income (AMI), ranging in eligible income from $86,606 to $264,800. New tenants get one month rent free.

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Excavation Continues for Queens’ Tallest Building at 27-48 Jackson Avenue in Long Island City

At number 12 on our year-end countdown of the tallest buildings under construction in New York is 27-48 Jackson Avenue, a 69-story residential skyscraper in Long Island City‘s Court Square district and the future tallest building in Queens. Designed by Perkins Eastman and developed by Building Orchard LLC, the 811-foot-tall structure will yield 635,000 square feet with 818 units, as well as 11,700 square feet of retail space and a two-story parking garage. Triton Construction Company is the general contractor for the property, which is alternately addressed as 43-01 Queens Street and located along Jackson Avenue between Queens and Orchard Streets.

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Rendering of Logan Fountain - MHG Architects

Developers Celebrate Groundbreaking on Logan Fountain at 265 Logan Street in Cypress Hills, Brooklyn 

Developers and elected officials recently joined for a groundbreaking ceremony at Logan Fountain, a 169-unit mixed-income housing property at 265 Logan Street in Cypress Hills, Brooklyn. Designed by MHG Architects and developed in collaboration by The Hudson Companies, Jericho Project, and HELP USA, the 13-story building is the latest development to break ground as a result of the 2016 East New York Rezoning Initiative and will comprise a mix of affordable and supportive housing units. Construction began in August and is expected to wrap up by the end of 2024.

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