Affordable housing

Housing Lottery Launches for Columbia Commons 1 at 498 Columbia Street in Red Hook, Brooklyn

The affordable housing lottery has launched for Columbia Commons 1, an eight-story structure in a three-building complex at 498 Columbia Street in Red Hook, Brooklyn. Designed by Aufgang Architects, the structure yields 369 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 $30,446 to $183,200.

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‘Sol On Park’ Affordable Senior Housing Project Secures Financing At 3728 Park Avenue In Claremont, The Bronx

Developers have secured a $214 million financing package for Sol on Park, an affordable housing development at 3728 Park Avenue in Claremont, The Bronx. Designed by Magnusson Architecture and Planning and developed through a partnership between NYCHA, the New York City Department of Housing Preservation and Development (HPD), the New York City Housing Development Corporation (HDC), The NRP Group, Selfhelp Realty Group, and Foxy Management, the structure will deliver 229 permanently affordable apartments for older New Yorkers. The project is located at the northeast corner of Park Avenue and St. Paul’s Place, on New York City Housing Authority’s (NYCHA) Morris Houses campus.

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Housing Lottery Launches for 645 Park Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for 645 Park Place, an eight-story residential building at 711 Franklin Avenue in Crown Heights, Brooklyn. Designed by DXA Studio for the RW 705 Franklin LLC, the structure yields 58 residences. Available on NYC Housing Connect are 18 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $74,778 to $238,160.

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River Commons Affordable Housing Development Breaks Ground At 1225 Gerard Avenue In Concourse, The Bronx

Construction has broken ground on River Commons, a 17-story mixed-use affordable housing development on the campus of NYC Health + Hospitals/Gotham Health, Morrisania at 1225 Gerard Avenue in Concourse, The Bronx. Designed by Bernheimer Architecture and developed by Type A Projects, BronxWorks, and L+M Development Partners, the $255 million structure will yield 328 affordable and supportive apartments. The project will also include a new healthcare facility, community space, and public open space. The property is located between East 167th and 168th Streets.

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