The affordable housing lottery has launched for 1004 Summit Avenue, a four-story residential building in Highbridge, The Bronx. Designed by Nikolai Katz Architect and developed by Shaya Seidenfeld of MZS Realty, the structure yields 12 residences. Available on NYC Housing Connect are three units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,840 to $122,160.
Construction is complete on Utica Crescent and work is getting underway on Sparrow Square, two affordable housing developments in East Flatbush, Brooklyn that will collectively deliver 583 residential units.
The affordable housing lottery has launched for 1938 Prospect Avenue, a four-story residential building in Tremont, The Bronx. Designed by Node Architecture Engineering & Consulting and developed by Fredi Bori of Bori Con Corp., the structure yields 14 residences. Available on NYC Housing Connect are three units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $76,629 to $122,160.
YIMBY recently visited six residential buildings that have recently completed construction in Crown Heights, Brooklyn. The projects are among the wave of developments transforming vacant parcels, parking lots, and old commercial structures into new housing, and yield a combined 230 rental and condominium units.
The affordable housing lottery has launched for 534 Third Avenue, a 22-story residential building in Murray Hill, Manhattan. Designed by Ismael Leyva Architects and developed by Ranco Capital and Gilar Realty under the entity Third Avenue Pavilion Residences LLC, 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 $38,983 to $238,160.
