Affordable housing

Conceptual rendering of 1470 Amsterdam Avenue, via nyc.gov

Financing Secured For $445 Million Manhattanville Renovation In Harlem, Manhattan

7:30 am on February 20, 2025 By Max Gillespie

The New York City Housing Authority (NYCHA) has secured $445 million in financing to overhaul Manhattanville Houses, a public housing development in Harlem, Manhattan. The project, which is part of NYCHA’s Permanent Affordability Commitment Together (PACT) initiative, will renovate 1,272 apartments across six residential buildings, improving living conditions for more than 2,600 residents. The conversion of these units to Project-Based Section 8 housing under the federal Rental Assistance Demonstration (RAD) program ensures continued affordability while allowing private partners to fund critical repairs. Construction is already underway and is led by Gilbane Development Company, Apex Building Group, and West Harlem Group Assistance, with ELH Mgmt LLC overseeing property management and Goddard Riverside providing on-site social services.

Affordable Housing Units Still Available at 73-65 Yellowstone Boulevard in Forest Hills, Queens

6:30 am on February 20, 2025 By Vanessa Londono

The affordable housing lottery is currently open for units available at 73-65 Yellowstone Boulevard, an 11-story residential building in Forest Hills, Queens. Developed by Slate Property Group and Grobman-Gross Properties in 2023 and designed by Aufgang Architects, the structure yields 166 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,252 to $218,010.

63-Story Skyscraper Revealed for Second Phase of Alloy Block in Downtown Brooklyn

8:00 am on February 19, 2025 By Michael Young and Matt Pruznick

Designer and developer Alloy Development has revealed new renderings for One Third Avenue, a 63-story skyscraper in the second phase of the Alloy Block complex in Downtown Brooklyn. The 725-foot-tall structure will rise to the northwest of the completed 44-story Alloy Block tower at 505 State Street and will secure the title of the tallest Passive House-engineered building in the world. The building will yield 583 market-rate and affordable housing units, retail space, and commercial office space. The Alloy Block is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the south.

Housing Lottery Launches for 26-38 Jackson Avenue in Long Island City, Queens

7:00 am on February 19, 2025 By Vanessa Londono

The affordable housing lottery has launched for 26-38 Jackson Avenue, a 49-story residential building in Long Island City, Queens. Designed by SLCE Architects and developed by American Lions, a joint venture between Fetner Properties and NY Lions Group, the structure yields 363 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $56,880 to $240,750.

RFP Begins For 388 Hudson Street In Manhattan’s West Village

7:00 am on February 18, 2025 By Max Gillespie

New York City has officially started the Request for Proposals (RFP) process for 388 Hudson Street, a new affordable housing project planned for Manhattan’s West Village. Announced by Mayor Eric Adams as part of his “Manhattan Plan,” the project aims to transform an underutilized site into a mixed-use development featuring hundreds of affordable housing units and a 45,000-square-foot recreation center with an indoor pool, gymnasium, and other wellness facilities. The property is currently owned by the Department of Environmental Protection (DEP) and will require rezoning to allow for residential use. The site is located between Clarkson and West Houston Streets.

Photograph of Grand Concourse Library, via nyc.gov

RFP Process Opens For Grand Concourse Library Redevelopment in Claremont, The Bronx

7:00 am on February 17, 2025 By Max Gillespie

New York City has officially opened the request for proposal process for the redevelopment of the Grand Concourse Library at 155 East 173rd Street in Claremont, The Bronx. Mayor Eric Adams, along with the Department of Housing Preservation and Development (HPD) and the New York Public Library (NYPL), announced the RFP jointly. The project will remodel the library into a modern facility while adding 100 percent affordable housing, reinforcing the Adams administration’s “City of Yes for Families” initiative to make New York City more livable for families.

Housing Lottery Launches for 1615 Cedar Street in Midwood, Brooklyn

6:30 am on February 17, 2025 By Vanessa Londono

The affordable housing lottery has launched for 1615 Cedar Street, an eight-story residential building in Midwood, Brooklyn. Designed by Cityscape Consulting with Input Creative Studio responsible for the facade and the interiors, and developed by Ramazi Mitaishuili of 1611 Cedar Street Realty LLC, the structure yields 17 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $123,258 to $218,010.

Housing Lottery Launches for 2605 Snyder Avenue in Flatbush, Brooklyn

7:00 am on February 15, 2025 By Vanessa Londono

The affordable housing lottery has launched for 2605 Snyder Avenue, a seven-story mixed-use building in Flatbush, Brooklyn. Designed by S. Wieder Architect and developed by Anshel Friedman of Artist Construction LLC, the structure yields 62 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $117,360 to $218,010.

Photograph of Mayor Eric Adams from press conference, via nyc.gov

New York City Achieves Back-To-Back Record-Setting Years For Affordable Housing Creation

7:30 am on February 14, 2025 By Max Gillespie

New York City has set a new record for affordable housing creation for the second consecutive year. Mayor Eric Adams announced that in 2024, the city built the highest number of units for formerly homeless individuals (4,623), supportive housing (2,761), and senior housing (2,966) in its history. The city also closed financing for 27,620 affordable homes and facilitated nearly 14,654 households moving into affordable units.

Housing Lottery Launches for Maison 78 at 356 East 78th Street on the Upper East Side of Manhattan

7:00 am on February 14, 2025 By Vanessa Londono

The affordable housing lottery has launched for Maison 78, a 35-story mixed-use building at 356 East 78th Street on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, the structure yields 206 residences. Available on NYC Housing Connect are 45 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $62,675 to $218,010.

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Affordable housing

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