Affordable housing

Two-Tower Development at 595 Dean Street Nears Completion in Prospect Heights, Brooklyn

Work is nearing completion on 595 Dean Street, a two-building mixed-use development in Prospect Heights, Brooklyn‘s Pacific Park master plan. Designed by Handel Architects and developed by TF Cornerstone, the complex consists of a 28-story East Tower and 23-story West Tower and will yield a combined 798 residential units in studio to two-bedroom layouts, with 240 slated for affordable housing. The development also includes a 103,028-square-foot Chelsea Piers Fitness Center and Field House, a 469-vehicle parking garage, 3,412 square feet of ground-floor retail space, and a 72,600-square-foot public plaza. TFC Pacific Park GC is the general contractor and MNLA is the landscape designer for the property, which is bound by Pacific Street to the north, Dean Street to the south, 550 Vanderbilt Avenue to the east, and 535 Carlton Apartments to the west.

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Rendering of Riverwalk 9 - Handel Architects

Developers Close on $185 Million Loan to Complete Riverwalk 9 at 430 Main Street on Roosevelt Island

Related Companies and The Hudson Companies have closed on a $185 million financial package to complete Riverwalk 9, a 28-story residential building at 430 Main Street on Roosevelt Island. Designed by Handel Architects, the tower is the ninth and final component of the Riverwalk mega-development. Wells Fargo provided financing for the housing development.

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Housing Lottery Launches for The Bayard at 150 Bayard Street in Greenpoint, Brooklyn

The affordable housing lottery has launched for The Bayard, a six-story residential building at 150 Bayard Street in Greenpoint, Brooklyn. Designed by Charles Mallea and developed by Solomon Feder, the structure yields 46 residences. Available on NYC Housing Connect are 14 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $47,520 to $187,330.

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Rendering of 100 Flatbush (center) - Courtesy of Alloy Development

Alloy Development Seeks Renewable Energy Partner for 100 Flatbush Avenue in Downtown Brooklyn

Alloy Development is pursuing a renewable energy partner for 100 Flatbush Avenue, a 44-story tower in Downtown Brooklyn that will debut as the first 100-percent electric tower in New York City. The Request for Proposals call for a large-scale community solar provider that will eliminate any reliance on fossil fuels and help the building drastically reduce its carbon emissions.

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