Affordable housing

499 President Street Readies for Excavation in Gowanus, Brooklyn

8:00 am on May 26, 2023 By Michael Young and Matt Pruznick

Excavation set to begin at 499 President Street, the site of an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organizationwith Avery Hall Investments, the 322,000-square-foot structure will yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor retail space. Urban Atelier Group is the general contractor for the 1.6-acre property, which is bound by Union Street to the north, President Street to the south, and Nevins Street to the west.

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Housing Lottery Launches for 1001 Bushwick Avenue in Bushwick, Brooklyn

7:00 am on May 25, 2023 By Vanessa Londono

The affordable housing lottery has launched for 1001 Bushwick Avenue, a six-story residential building in Bushwick, Brooklyn. Designed by BEAM Architects and developed by Joel Berkowitz, the structure yields 24 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $93,909 to $187,330.

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420 Carroll Street Tops Out in Gowanus, Brooklyn 

8:00 am on May 24, 2023 By Michael Young and Matt Pruznick

Construction has topped out on the tallest building at 420 Carroll Street, a two-tower residential complex in Gowanus, Brooklyn. Designed by FXCollaborative and developed by Domain Companies, the project consists of a 20-story, 224-foot-tall tower and 15-story sibling and will yield 360 units with 25 percent reserved for affordable housing, as well as 27,500 square feet of retail space, 7,700 square feet of “Gowanus Mix” space pursuant to the 82-block rezoning of the district, and a new public promenade along the Gowanus Canal. Studio Mainer is the interior designer, Scape is the landscape architect, and Mega Contracting Group is the general contractor for the development, which is rising from a trapezoidal plot bound by Carroll Street to the north, the Powerhouse Arts building and its parking lot to the south, and the Gowanus Canal to the west.

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Housing Lottery Launches for 61 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn

7:00 am on May 20, 2023 By Vanessa Londono

The affordable housing lottery has launched for 61 Clarkson Avenue, a six-story residential building in Prospect Lefferts Gardens, Brooklyn. Designed by Carusone & Cherres Architects and developed by Clarkson Parnasa LLC, the structure yields 11 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 $72,000 to $167,570.

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The Arabella at 4720 Third Avenue Tops Out Over Belmont, The Bronx 

8:00 am on May 19, 2023 By Michael Young and Matt Pruznick

Last Thursday, YIMBY attended the topping out of The Arabella at 4720 Third Avenue, a nine-story residential building in the Belmont section of The Bronx. Designed by Ismael Leyva Architects and developed by Vertical Community Development and Sioni Group, the structure will yield 165 market-rate and affordable units designed by Marin Architects as well as retail space and a collection of amenities in the podium. DeSimone Structural Engineers is the structural engineer, REAL New York is handling leasing and marketing, and OmniBuild Construction is the general contractor for the project, which occupies a trapezoidal plot bound by East 189th Street to the north, East 188th Street to the south, Washington Avenue to the east, and Third Avenue to the west.

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