Affordable housing

Housing Lottery Launches for 180 Throop Avenue in Bed-Stuy, Brooklyn

7:00 am on November 5, 2022 By Vanessa Londono

The affordable housing lottery has launched for 180 Throop Avenue, a six-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Beam Architects and developed by Leo Kaufman, the structure yields 36,925 square feet of residential space for 32 units and 7,606 square feet for commercial space. Available on NYC Housing Connect are ten units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $111,429 to $187,330. A one-month rent concession will be offered at lease signing.

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Rendering of Euclid Glenmore Apartments, an affordable housing project in Brooklyn, NY

Renderings Reveal Euclid Glenmore Apartments at 437 Euclid Avenue in East New York, Brooklyn

7:30 am on November 4, 2022 By Sebastian Morris

New renderings from Urban Architectural Initiatives are the first to reveal Euclid Glenmore Apartments, an eight-story affordable housing property at 437 Euclid Avenue in East New York, Brooklyn. Designed by The Lantern Organization and Mega Contracting Group, which closed on $11.5 million in construction financing to complete the project, the building will comprise 135 units. A total of 81 units will be reserved for formerly homeless families, and the remainder for households at or below 60 percent area median income (AMI).

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Housing Lottery Launches for 9-24 Main Avenue in Astoria, Queens

7:00 am on November 4, 2022 By Vanessa Londono

The affordable housing lottery has launched for 9-24 Main Avenue, a six-story mixed-use building in Astoria, Queens. Designed by Gerald Caliendo Architect and developed by Ravi Patel, the structure yields 14 residences. Available on NYC Housing Connect are ten units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $187,330. All new leases also get one month free rent.

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Developers, City Officials Celebrate Grand Opening of 425 Grand Concourse in Mott Haven, The Bronx

7:30 am on November 3, 2022 By Sebastian Morris

Developers, New York City officials, and community leaders recently joined to celebrate the grand opening of 425 Grand Concourse, a 26-story affordable housing property in Mott Haven, The Bronx. Designed by Dattner Architects and developed by Trinity Financial and local non-profit group MBD Community Housing Corporation, the 300,000-square-foot structure will yield 277 affordable apartments, an educational facility, a health clinic, a supermarket, and a community cultural space.

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