Affordable housing

Housing Lottery Launches for Bedford Beverly Phase 2 in Flatbush, Brooklyn

7:00 am on March 18, 2026 By Vanessa Londono

The affordable housing lottery has launched for Bedford Beverly Phase 2, a four-building complex at 2201 Beverley Road and 2366 Bedford Avenue in Flatbush, Brooklyn. Designed by S. Wieder Architects and Durukan Design, and developed by Clipper Equity, the structures yield a total 653 residences. Available on NYC Housing Connect are 196 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $103,303 to $227,500. New tenants have a two-month free rent off on one- and two-year lease terms.

45-Story Residential Skyscraper Approved for 259 George Street in New Brunswick, New Jersey

8:00 am on March 17, 2026 By Michael Young and Matt Pruznick

Plans have been approved for 259 George Street, a 45-story residential skyscraper in New Brunswick, New Jersey. Designed by Fogarty Finger and developed by NB Plaza Owner LLC, a joint venture between Ifany LLC and the Abundant Life Family Worship Church, the structure will yield 800 apartments with 160 dedicated to affordable housing. The project will also include roughly 25,000 square feet of ground-floor retail space and a 501-vehicle parking garage with 24-hour valet service. The property is located between Morris and Neilson Streets within the Downtown Redevelopment District Renewal Area.

Magnolia Gardens Opens At 39-03 College Point Boulevard In Flushing, Queens

7:00 am on March 15, 2026 By Max Gillespie

Magnolia Gardens, a seven-story transitional housing facility, has opened at 39-03 College Point Boulevard in Flushing, Queens. Designed by Urban Architectural Initiatives and developed by Urban Resource Institute, the New York City Department of Social Services, and Asian Americans for Equality, the building yields 90 apartment-style units for homeless families with children. The project is described by the development team as the first purpose-built shelter of its kind in Flushing. Archstone Builders led construction for the project, which is located between 39th Avenue and Roosevelt Avenue, just east of Flushing Creek.

Residential Conversion Revealed for Former Jehovah’s Witness Headquarters at 25–30 Columbia Heights in Brooklyn Heights

8:00 am on March 14, 2026 By Michael Young and Matt Pruznick

New renderings have been revealed for the proposed residential conversion of the former Jehovah’s Witness global headquarters at 25–30 Columbia Heights in Brooklyn Heights, Brooklyn. Designed by Morris Adjmi Architects and developed by CIM Group, the project will involve a vertical expansion of two buildings in the former Watchtower Building complex and will yield 661 rental apartments, with 25 percent designated as affordable housing. The development will also include 113,000 square feet of commercial space and community facility space. The five interconnected office and warehouse buildings are located around the intersection of Columbia Heights and Vine Street, directly across from Hillside Dog Park.

Housing Lottery Launches for 2892 Nostrand Avenue in Sheepshead Bay, Brooklyn

7:00 am on March 14, 2026 By Vanessa Londono

The affordable housing lottery has launched for 2892 Nostrand Avenue, a nine-story residential building in Sheepshead Bay, Brooklyn. Designed by Archimaera Architecture and developed by Igor Vaysman under Mike Rose Realty LLC, the structure yields 32 residences. Available on NYC Housing Connect are 20 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $42,343 to $227,500.

Housing Lottery Launches for 89-61 162nd Street in Jamaica, Queens

7:00 am on March 13, 2026 By Vanessa Londono

The affordable housing lottery has launched for 89-61 162nd Street, a 12-story mixed-use building in Jamaica, Queens. Designed by JFA Architects & Engineers DPC and developed by Ami Weinstock, the structure yields 89 residences. Available on NYC Housing Connect are 18 units for residents at 60 to 100 percent of the area median income (AMI), ranging in eligible income from $62,572 to $175,000.

Affordable Housing Lottery Launches for 880 Atlantic Avenue in Prospect Heights, Brooklyn

7:00 am on March 12, 2026 By Vanessa Londono

The affordable housing lottery has launched for Eight80 BK, a 19-story mixed-use building at 880 Atlantic Avenue in Prospect Heights, Brooklyn. Designed by Issac & Stern Architects and developed by EMP Capital Group, the structure yields 257 residences. Available on NYC Housing Connect are 65 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $38,538 to $227,500.

Rendering of La Olazul, courtesy of Westhab

Housing Lottery Launches for La Olazul in Mount Hope, The Bronx

7:00 am on March 11, 2026 By Vanessa Londono

The affordable housing lottery has launched for La Olazul, a 13-story affordable and supportive housing development at 1940 Jerome Ave in Mount Hope, The Bronx. Designed by STAT Architecture PC and developed by Vaya Development and Westhab, the structure yields 115 residences. Available on NYC Housing Connect are 37 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $58,320 to $105,000.

61 Broadway. Image courtesy of CoStar Group.

61 Broadway Readies for 796-Unit Office-to-Residential Conversion in Financial District, Manhattan

8:00 am on March 8, 2026 By Michael Young and Matt Pruznick

Work is expected to begin later this month on the office-to-residential conversion of 61 Broadway, a 33-story tower in Manhattan’s Financial District. Designed by CetraRuddy and developed in a joint venture between RXR and One Investment Management, the project will yield 796 rental apartments, with roughly 200 set aside for affordable housing, along with 40,000 square feet of amenities. The 670,000-square-foot building was originally designed by Francis Kimball in 1913 for the Adams Express Company and is bounded by Exchange Ally to the south, Broadway to the east, and Trinity Place to the west.

1720 Atlantic Avenue. Rendering courtesy of IMC Architecture.

Renderings Revealed For 1720 Atlantic Avenue in Crown Heights, Brooklyn

8:00 am on March 7, 2026 By Michael Young and Matt Pruznick

New renderings have been revealed for 1720 Atlantic Avenue, a 13-story mixed-use development on the northern border of Crown Heights, Brooklyn. Designed by IMC Architecture and developed by Bermuda Realty, the 360,000-square-foot project will yield 278 rental units, with 70 dedicated to affordable housing. The complex will also include 50,427 square feet of commercial space and 17,421 square feet for community facilities. The 48,300-square-foot property is bounded by Atlantic Avenue to the north, Michael Griffith Street to the south, and Schenectady Avenue to the east.

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