Affordable housing

Estela Continues Construction at 414 and 445 Gerard Avenue in Mott Haven, The Bronx

7:30 am on July 11, 2022 By Michael Young

Façade work is progressing on Estela, a two-building residential complex at 414 and 445 Gerard Avenue in the South Bronx neighborhood of Mott Haven. Designed by S9 Architects and developed by The Domain Companies and The Vorea Group with financing from the Goldman Sachs Urban Investment Group, the $310 million project will yield 544 apartments, with 30 percent designated for affordable housing for households earning 80 to 130 percent of the area median income, as well as 10,000 square feet of retail space. Monadnock Construction is the general contractor for the property, which is bound by Exterior Street to the west, Walton Avenue to the east, East 146th Street to the north, East 144th Street to the south, and Gerard Avenue running north and south down the middle.

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Bronx Point’s First Phase Tops Out at 575 Exterior Street in The South Bronx

8:00 am on July 10, 2022 By Michael Young

Construction has topped out on the first phase of Bronx Point, a 22-story mixed-use building at 575 Exterior Street in the South Bronx. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects, and BronxWorks, the structure will yield 542 permanently affordable housing units in studio to three-bedroom layouts, all reserved for households and individuals earning between 30 to 120 percent of area median income, as well as for the formerly homeless. The edifice will also feature 56,000 square feet of community facility space, 12,000 square feet of retail space, and serve as the home of the Universal Hip Hop Museum. The building is the first to debut in the $349 million, 530,000-square-foot mixed-use master plan, which will bring 1,045 apartments and a 2.8-acre public green space next to Mill Pond Park designed by Marvel Architects and Abel Bainnson Butz. The property is located on a plot bound by the 145th Street bridge to the south, Exterior Street and the elevated Major Deegan Expressway to the east, and the Harlem River to the west.

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Rendering of Pelham House

Renderings Reveal Pelham House Mixed-Use Development at 215 Fifth Avenue in Pelham, New York

7:00 am on July 10, 2022 By Sebastian Morris

New renderings offer a first look at Pelham House, a forthcoming mixed-use residential property at 215 Fifth Avenue in Pelham, New York. Described as a transit-oriented development, the property will include 127 apartments, 5,000 square feet of ground-floor retail, 160 private parking spaces, and an additional 60 parking spaces available to the public.

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Affordable Housing Lottery Launches for The Deermar at 262 9th Street in Park Slope, Brooklyn

7:00 am on July 9, 2022 By Vanessa Londono

The affordable housing lottery has launched for The Deermar, a new 11-story development at 262 9th Street in Park Slope, Brooklyn. Designed by NA Design Studio with interiors by Whitehall Interiors and developed by Ranco Capital, the structure yields 72 residences. Available on NYC Housing Connect are 22 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $187,330.

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Housing Lottery Launches for 164-11 Highland Avenue in Jamaica Hills, Queens

7:00 am on July 8, 2022 By Vanessa Londono

The affordable housing lottery has launched for 164-11 Highland Avenue, a three-story residential building in Jamaica Hills, Queens. Designed by Joseph Giannetti Architect and developed by Rey Nieto, the structure yields 12 residences and enclosed parking for 11 vehicles. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,286 to $187,330.

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