The affordable housing lottery has launched for 1516 Park Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by Karl Fischer and developed by Isaac Schwartz, the structure yields 44 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $187,330.
BRP Companies has secured a $378 million financial package to complete 90Ninety, a new mixed-use community in Jamaica, Queens. Located at 166-20 90th Avenue, the property sits across the street from the Jamaica Bus Terminal and will eventually deliver 614 mixed-income rental units, 25,000 square feet of ground-floor retail, and a 5,000-square-foot community space.
The affordable housing lottery has launched for Trio, a ten-story mixed-use building at 27-19 Thomson Avenue in Long Island City, Queens. Developed by Thomson Development, the structure yields 30 residences and 5,039 square feet of lower-level retail space. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $88,835 to $187,330.
The affordable housing lottery has launched for 2434 Bronx Park East, an eight-story residential building in Allerton, The Bronx. Designed by Fred Geremia Architects and developed by Franc Gjini, the structure yields 38 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $50,743 to $187,330.
Construction is complete on 425 Grand Concourse, a 26-story mixed-use building in Mott Haven, The Bronx and one of the largest Passive House structures in the city. Designed by Dattner Architects and developed by Trinity Financial and MBD Community Housing Corporation, the 310,000-square-foot project yields 277 residential units, with 248 units for residents earning 30 to 130 percent of the area median income, as well as a supermarket, a community health center, a cultural center, and a 30,000-square-foot educational facility for CUNY’s Hostos Community College. Monadnock Construction served as the general contractor for the development, which is located between Grand Concourse to the east, East 144th Street to the south, Walton Avenue to the west, and Evelina Antonetty Playground and Hostos Community College to the immediate north.
