Affordable housing

Affordable Housing Lottery Launches for Halletts Point 7 at 3-3 27th Avenue in Astoria, Queens

The affordable housing lottery has launched for Halletts Point 7, a 14-story residential building at 3-3 27th Avenue in Astoria, Queens. Designed by Dattner Architects and developed by The Durst Organization, the structure is a 100 percent affordable New York City Housing Authority development. Available on NYC Housing Connect are 145 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $25,372 to $86,460.

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New Renderings Unveiled of 595 Dean Street in Prospect Heights, Brooklyn

Developer TF Cornerstone has released new exterior renderings of 595 Dean Street, a two-building mixed-use development in the Pacific Park masterplan in Prospect Heights, Brooklyn. Designed by Handel Architects, the 23-story West Tower and 28-story East Tower will comprise a total of 798 units with 240 homes slated for affordable housing. Additional components include 3,412 square feet of ground-floor retail space, 72,600 square feet of public open space designed by Matthews Nielsen Landscape Architects, a 469-vehicle parking garage, and a 103,028-square-foot Chelsea Piers Fitness Center and Field House.

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Housing Lottery Launches for 2817 Atlantic Avenue in East New York, Brooklyn

The affordable housing lottery has launched for 2817 Atlantic Avenue, a 14-story mixed-use building in East New York, Brooklyn. Designed by Peter Pizzimenti and developed by Joel Schwartz under the 2815 Atlantic Holding LLC, the structure yields 68 residences. Available on NYC Housing Connect are 14 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $33,875 to $86,460.

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Aerial rendering of 540 DeGraw Street - Handel Architects

Developers Close on $140M Loan to Complete Majestic at 540 DeGraw Street in Gowanus, Brooklyn

JLL Capital Markets has arranged a $142 million construction loan to finance the completion of Majestic, a 12-story mixed-use building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, the Urban Investment Group within Goldman Sachs Asset Management, Vorea Group and Mega Development, the building will yield 18,000 square feet of commercial space and 255 rental units. A total 25 percent of the units will be designated for affordable housing. Future Green Studio is the landscape designer for the property, which is located between Nevins Street and 3rd Avenue.

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