Affordable housing

540 Fulton Street, designed by Marvel Architects

The Paxton Nears Completion at 540 Fulton Street in Downtown Brooklyn

8:00 am on December 7, 2022 By Michael Young

At number 25 on our December countdown of the tallest buildings under construction in the New York area is The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

Rendering of the Sendero Verde complex in East Harlem

Sendero Verde Phase One Completes Construction at 60 East 112th Street in East Harlem, Manhattan

7:30 am on December 7, 2022 By Sebastian Morris

Construction is complete on phase one of the Sendero Verde complex, a 361-unit residential tower at 60 East 112th Street and the largest Passive House development in the country. Located in East Harlem, Manhattan, the tower stands 15 stories tall and comprises roughly 395,000 square feet.

625 Fulton Street Rises Above Street Level in Downtown Brooklyn

8:00 am on December 6, 2022 By Michael Young

At number 26 on our year-end countdown of the tallest structures underway in New York is 625 Fulton Street, a 35-story mixed-use skyscraper currently rising in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which secured $450 in construction financing from Madison Realty Capital to complete the project, the 500-foot-tall structure will yield 1,098 units, 26,000 square feet of retail space, and a parking garage for up to 250 vehicles. Galaxy Developers is the general contractor for the property, which is bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

Affordable Housing Lottery Launches for 2733 East 12th Street in Brighton Beach, Brooklyn

6:30 am on December 6, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2733 East 12th Street, a seven-story mixed-use building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Eddie Yair, the structure yields 45 residences, 8,243 square feet of community facility space, and 24 parking spaces. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,086 to $187,330.

View of construction profess at Myrtle Point (3-50 St. Nicholas Avenue)

Myrtle Point Rental Tower Tops Out at 3-50 St. Nicholas Avenue in Ridgewood, Queens

7:00 am on December 5, 2022 By Sebastian Morris

Construction has topped out on Myrtle Point, a 17-story rental tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens. Designed by S9 Architecture and developed in collaboration by Arch Companies and AB Capstone, the building will be the tallest residential property in the Ridgewood-Bushwick area and is expected to debut in 2023.

Alloy Block’s 100 Flatbush Avenue Continues Ascent in Downtown Brooklyn

8:00 am on December 3, 2022 By Michael Young

Number 29 on our December construction countdown is 100 Flatbush Avenue, a 44-story residential building in the two-tower Alloy Block development in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall structure will yield 441 units with 45 residences dedicated to affordable housing. Urban Atelier Group is the general contractor for the property, which is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

Housing Lottery Launches for Melrose North at 341 East 162nd Street in Melrose, The Bronx

7:00 am on December 3, 2022 By Vanessa Londono

The affordable housing lottery has launched for Melrose North, a 12-story residential building at 341 East 162nd Street in Melrose, The Bronx. Designed by Curtis + Ginsberg Architects and developed by New York City Housing Authority, the structure yields 171 residences. Available on NYC Housing Connect are 67 units for residents at 50 to 80 percent of the area median income (AMI), ranging in eligible income from $0 to $132,400.

Vital Brookdale Affordable Housing Complex Now Complete at 535 East 98th Street in Brownsville, Brooklyn

7:30 am on December 1, 2022 By Sebastian Morris

Construction is complete on Vital Brookdale, a 160-unit affordable and supportive housing development at 535 East 98th Street in Brownsville, Brooklyn. The development team for Vital Brookdale includes Smith & Henzy Affordable Group and The New York Foundling, a non-profit agency founded in 1869 that provides foster care, mental health services, educational programs, and a litany of community support services across the New York City region.

Housing Lottery Launches for 571 Ocean Parkway in Kensington, Brooklyn

7:00 am on December 1, 2022 By Vanessa Londono

The affordable housing lottery has launched for 571 Ocean Parkway, an eight-story mixed-use building in Kensington, Brooklyn. Designed by Kindo Holdings, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $81,429 to $156,130.

22 Chapel Street Completes Construction in Downtown Brooklyn

7:30 am on November 29, 2022 By Michael Young

Work is complete on 22 Chapel Street, a 20-story residential building in Downtown Brooklyn. Designed by CetraRuddy and developed by Delshah Capital and OTL Enterprises, the 211-foot-tall structure spans 133,181 square feet and yields 180 apartments, with 25 designated for affordable housing, as well as a 5,000-square-foot branch of START Treatment & Recovery Center, New York’s largest independent drug treatment agency. The building also contains 2,000 square feet of ground-floor retail space. Titanium Construction Services was the general contractor for the property, which is bound by Chapel Street to the north, Cathedral Place to the south, Flatbush Avenue Extension to the east, and Jay Street to the west.

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Affordable housing

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