Affordable housing

Housing Lottery Launches for Marion Creston Apartments in Bedford Park, The Bronx

7:00 am on June 30, 2023 By Vanessa Londono

The affordable housing lottery has launched for Marion Creston Apartments, two new residential buildings at 2997 Marion Avenue and 2861 Creston Avenue in Bedford Park, The Bronx. Palette Architecture designed the seven-story structure at 2861 Creston Avenue and David Cunningham Architecture is responsible for 2997 Marion Avenue, and both are developed by John V. Waters of NFW Group. Available on NYC Housing Connect are 25 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $18,515 to $122,000.

Housing Lottery Launches for 317 Franklin Avenue in Bed-Stuy, Brooklyn

7:00 am on June 28, 2023 By Vanessa Londono

The affordable housing lottery has launched for 317 Franklin Avenue, a five-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by Amr Ouda of Jay Architect & Engineering and developed by Waterfront Property Management, the structure yields ten residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,880 to $198,250.

Daytime view of the Elliott-Chelsea Houses (circa 2013 - Daniel Case; Wikipedia)

NYCHA to Demolish and Rebuild Two Affordable Housing Complexes in Chelsea, Manhattan

7:00 am on June 26, 2023 By Sebastian Morris

NYCHA has announced a $1.5 billion plan to demolish and rebuild the Fulton and Elliott-Chelsea Houses in Chelsea. To complete the project, NYCHA has partnered with Essence Development and Related Companies, who will also work closely with residents and tenant associations to help ensure alignment among all community members.

Silverstein Properties and Parx Casino Reveal The Avenir at 514 Eleventh Avenue in Midtown, Manhattan

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

A new set of renderings has been revealed for The Avenir, Silverstein Properties and Parx Casino’s bid for a 1.8-million-square-foot hotel, gaming, entertainment, and residential complex at 514 Eleventh Avenue in Midtown, Manhattan. Designed by Steelman Partners and CetraRuddy, the 46-story two-tower complex will yield 1,000 guests rooms, more than 100 affordable housing units reserved for New Yorkers, 12 full-service restaurants, an elevated 1,000-seat performance hall, and an eight-story, 600,000-square-foot podium. The project aims to create 4,000 union construction jobs, over 5,500 permanent union jobs, and billions of dollars in economic development for the state and city. The property, owned by Silverstein since 1984 and alternatively addressed as 520 West 41st Street, spans a full block between West 40th and West 41st Streets and Eleventh and Galvin Avenues, just north of the Jacob K. Javits Center. The plot has sat vacant for the last eight years, and the development team expects the project to be shovel ready upon approval.

Evening rendering of The Orchard at 42-02 Orchard Street - Courtesy of BLDG Management Company

Developer Secures $425M Loan for 69-Story Residential Skyscraper at 42-02 Orchard Street in Long Island City, Queens

7:30 am on June 24, 2023 By Sebastian Morris

BLDG Management Company has secured a $425 million loan to complete a 69-story residential skyscraper in Long Island City, Queens. The development, known as The Orchard, will take shape at 42-02 Orchard Street and debut as the tallest residential building in the neighborhood.

Housing Lottery Launches for 341 Units at 250 Euclid Avenue in East New York, Brooklyn

7:00 am on June 24, 2023 By Vanessa Londono

The affordable housing lottery has launched for Atlantic Chestnut Phase 1, a 14-story mixed-use building at 250 Euclid Avenue in East New York, Brooklyn. Designed by Dattner Architects and developed by Phipps Houses, the three-structure complex will yield 1,200 residences when complete. Available on NYC Housing Connect are 341 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $16,938 to $140,080.

Housing Lottery Launches for 58 Vanderbilt Avenue in Clinton Hill, Brooklyn

7:00 am on June 23, 2023 By Vanessa Londono

The affordable housing lottery has launched for 58 Vanderbilt Avenue, a nine-story mixed-use building also addressed as 205 Park Avenue in Clinton Hill, Brooklyn near the Brooklyn Navy Yards. Designed by J Frankl Associates and developed by Bruchy Lefkowitz, the structure yields 90 residences and 34 parking spaces. Available on NYC Housing Connect are 23 units for residents at 40 to 110 percent of the area median income (AMI), ranging in eligible income from $28,629 to $139,810.

Housing Lottery Launches for 4180 Carpenter Avenue in Wakefield, The Bronx

7:00 am on June 22, 2023 By Vanessa Londono

The affordable housing lottery has launched for 4180 Carpenter Avenue, a five-story mixed-use building in Wakefield, The Bronx. Designed by Marin Architects and developed by Mark Stagg of RYTY Home Builders, the structure yields 92 residences. Available on NYC Housing Connect are 28 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,395 to $198,250.

Existing view of the 21-23 Park Avenue in Yonkers (Wikipedia)

Rendering Revealed for The Abbey Affordable Housing Project at 21-23 Park Avenue in Yonkers

7:30 am on June 21, 2023 By Sebastian Morris

The Yonkers Panning Board is now considering proposals from Kearney Realty & Development Group to construct a new affordable housing project at 21-23 Park Avenue in Yonkers. The project is known as The Abbey and includes the construction of a new apartment building and a renovation of the Ethan Flagg House and Blessed Sacrament Monastery. Both properties are listed on the National Register of Historic Places.

Housing Lottery Launches for 739 East Gun Hill Road in Williamsbridge, The Bronx

7:00 am on June 21, 2023 By Vanessa Londono

The affordable housing lottery has launched for 739 East Gun Hill Road, an eight-story residential building in Williamsbridge, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the structure yields 134 residences and 69 parking spaces. Available on NYC Housing Connect are 41 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,886 to $227,630.

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Affordable housing

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