Affordable housing

Housing Lottery Launches for Allen Affordable HDFC at 163-19 109th Avenue in Jamaica, Queens

6:30 am on December 30, 2022 By Vanessa Londono

The affordable housing lottery has launched for Allen Affordable HDFC, a two-family, 3,200-square-foot house at 163-19 109th Avenue in Jamaica, Queens. Designed by Gerald Caliendo Architects and developed by The Greater Allen Development Corporation, the structure yields two residences, each with three bedrooms and two bathrooms. Available on NYC Housing Connect is one unit for sale for residents at 165 percent of the area median income (AMI), ranging in eligible income from $155,882 to $273,075.

Housing Lottery Launches for 60 Fulton Street in Manhattan’s Financial District

7:00 am on December 29, 2022 By Vanessa Londono

The affordable housing lottery has launched for 60 Fulton Street, a 23-story mixed-use building at 54-56 Fulton Street in Manhattan’s Financial District. Designed by Hill West Architects and developed by Parkland Group and Socius Development Group, the structure yields 120 residences. Available on NYC Housing Connect is a waiting list to fill four current and ongoing vacancies for the 30 affordable units allotted to residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $24,378 to $187,330.

Rendering of the Alafia campus along Fountain Avenue and Betts Creek

Renderings Reveal $1.2B Mixed-Use Alafia Campus in East New York, Brooklyn

7:30 am on December 28, 2022 By Sebastian Morris

Developers and New York State agencies have revealed renderings for Alafia, a 27-acre redevelopment project in East New York, Brooklyn. Located along Fountain Avenue near the Betts Creek waterfront, the $1.2 billion multi-phase campus will create 2,400 affordable apartments, a 15,000-square-foot outpatient medical clinic, retail space, multiple parking areas, and a mix of publicly accessible green space and recreational area.

Housing Lottery Launches for 875 4th Avenue in Sunset Park, Brooklyn

7:00 am on December 28, 2022 By Vanessa Londono

The affordable housing lottery has launched for 875 4th Avenue, an eight-story residential building in Sunset Park, Brooklyn. Designed by Fischer + Makooi Architect and developed by Heritage Equity Partners under the 875 4th Avenue Acquisition LLC, the structure yields 150 residences and 62 enclosed parking spaces. Available on NYC Housing Connect are 45 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $53,863 to $187,330.

Rendering of the new town square in Riverhead, Long Island

New York State Awards $20M to Support Community Projects in Riverhead and Amityville, Long Island

7:00 am on December 27, 2022 By Sebastian Morris

Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.

Brooklyn Tower’s Façade Continues to Wrap Up at 9 DeKalb Avenue in Downtown Brooklyn

8:00 am on December 26, 2022 By Michael Young

At number six on our December countdown of the tallest buildings under construction in New York is The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by JDS Development, the 93-story skyscraper stands as the tallest building in the outer boroughs that will yield 150 condominium units, 280 market-rate rentals, 120 affordable rentals, and a 100,000-square-foot retail podium incorporated into the renovated landmark Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the exclusive marketing, sales, and leasing agent for the residential component, which includes 150 units for purchase and 120 affordable rental units. Gachot Studios is the residential interior designer, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.

Rendering of the Greenpoint Hospital Campus redevelopment

Developers Close on $66M Loan for Mixed-Use Affordable Housing Complex in East Williamsburg, Brooklyn

7:00 am on December 26, 2022 By Sebastian Morris

The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.

Housing Lottery Launches for 195 Herzl Street in Brownsville, Brooklyn

6:30 am on December 24, 2022 By Vanessa Londono

The affordable housing lottery has launched for 195 Herzl Street, a four-story residential building in Brownsville, Brooklyn. Designed by Wu (Woody) Chen of Infocus and developed by Yehuda Vaknin, the structure yields eight residences with a cellar and penthouse. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,429 to $156,130.

Housing Lottery Waiting List Launches for Waterside Plaza in Kips Bay, Manhattan

7:00 am on December 23, 2022 By Vanessa Londono

The affordable housing lottery waiting list has launched for Waterside Plaza, a complex with five mixed-use buildings at 10, 20, 25, 30, and 40 Waterside Plaza in Kips Bay, Manhattan. Owned by Brookfield Asset Management as of 2021, the structure yields 1,470 residences. Available on NYC Housing Connect are 26 units for residents at 130 and 160 percent of the area median income (AMI), ranging in eligible income from $86,606 to $264,800. New tenants get one month rent free.

Renderings Revealed for 105 West Tremont Avenue in Morris Heights, The Bronx

7:00 am on December 22, 2022 By Vanessa Londono

Developer The Community Builders in partnership with Crown Holdings is bringing a new ten-story senior housing building to 105 West Tremont Avenue in Morris Heights, The Bronx. SB+C Architecture is the design architect with Crown Architecture & Consulting as the architect of record.

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Affordable housing

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