Affordable housing

Demolition Finishes at 1357 Second Avenue on Manhattan’s Upper East Side

8:00 am on March 18, 2023 By Michael Young

Demolition is wrapping up at 1357 Second Avenue, the site of a 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by The Chetrit Group, which purchased the property for $47.2 million in 2018, the 230-foot-tall structure will yield 54 apartments spread across 150,000 square feet and 5,700 square feet of commercial space. The development also includes a four-story, 40-foot-tall annex that will yield an additional inventory of affordable housing units. CF East 72 Owner LLC is the owner and RIG Kingland Services is the general contractor for the project, which is located at the corner of Second Avenue and East 72nd Street.

The 4519 White Plains Rod project team celebrates the construction milestone - [From left, to right] Carlton Roye, project manager at Galaxy Construction; Jack Coogan, principal at OCV Architects; Jimmy Zervoudis, principal at Galaxy Construction; John McDonald, interim president at The Doe Fund; Lucy Sanchez, DASNY project manager; and Jeff Chu, development director of finance at Robert Sanborn Development

The Plains Affordable Housing Project Tops Out at 4519 White Plains Road in Wakefield, The Bronx

7:30 am on March 18, 2023 By Sebastian Morris

Construction has topped out on The Plains, a nine-story mixed-income residential property at 4519 White Plains Road in the Wakefield section of The Bronx. Led by developers The Doe Fund and Robert Sanborn Development, the building will contain 98 deeply affordable homes, 20 apartments reserved for tenants 62 and older, and on-site supportive housing for 49 formerly homeless adults living with disabilities.

Housing Lottery Launches for 55 Summit Street Cooperatives in the Columbia Street Waterfront District, Brooklyn

7:00 am on March 16, 2023 By Vanessa Londono

The affordable housing lottery has launched for 55 Summit Street Cooperatives, a five-story residential building in Brooklyn’s Columbia Street Waterfront District. Designed by Tahir Demircioglu Architect and developed by Michael Abramov under the SS Development Partners LLC, the structure yields five residences. Available on NYC Housing Connect are five units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $57,074 to $115,280.

Rendering of 345 McLean Avenue in Yonkers

Developers Granted $56.8M Incentives Package for Affordable Senior Housing Project at 345 McLean Avenue in Yonkers

7:30 am on March 15, 2023 By Sebastian Morris

Verus Development will receive a $56.8 million incentives package to facilitate the completion of a new affordable rental property for low-income seniors at 345 McLean Avenue in Yonkers, New York. The 12-story building will feature 105 apartment in studio, one-, and two-bedroom layouts, all reserved for seniors 62 years and older with an income at or below 60 percent of the area median income.

Housing Lottery Launches for 3029 and 3031 Bronxwood Avenue in Williamsbridge, The Bronx

7:00 am on March 15, 2023 By Vanessa Londono

The affordable housing lottery has launched for 3029 and 3031 Bronxwood Avenue, a pair of four-story residential buildings in Williamsbridge, The Bronx. Designed by Badaly Architects and developed by Arlind Kastrati under the 3031 Bronxwood Realty LLC, the structures yield 16 residences total. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,229 to $156,130.

View of construction progress at 98-08 Queens Boulevard

Exterior Work Nears Completion on 98-08 Queens Boulevard in Rego Park, Queens

7:00 am on March 13, 2023 By Sebastian Morris

Construction crews have nearly completed façade installation on 98-08 Queens Boulevard, a forthcoming mixed-use tower in Rego Park, Queens. Designed by SLCE Architects and developed by RB Realty Capital, the 344,000-square-foot building will contain 186 rental apartments, residential amenity spaces, 53,000 square feet of retail, a 41,000-square-foot community facility, and an 82,000-square-foot parking garage.

Aerial view of construction at 44-01 Northern Boulevard (March 2023)

Construction Reaches Street Level at 44-01 Northern Boulevard in Astoria, Queens

7:00 am on March 12, 2023 By Sebastian Morris

Construction has reached street level at 44-01 Northern Boulevard, the site of a 13-story residential building in Astoria, Queens. Located on a triangular parcel bordered by Northern Boulevard and 44th Street, the building will contain a mix of rental apartments, retail space, and a parking garage.

Housing Lottery Launches for Compass Six Residences at 1923 West Farms Road in West Farms, The Bronx

7:00 am on March 9, 2023 By Vanessa Londono

The affordable housing lottery has launched for Compass Six Residences, a 16-story mixed-use building at 1923 West Farms Road in West Farms, The Bronx. Designed by Dattner Architects and developed by Monadnock Development, the structure yields 251 residences. Available on NYC Housing Connect are 156 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $16,183 to $132,400.

Housing Lottery Launches for 82 4th Avenue in Boerum Hill, Brooklyn

7:00 am on March 8, 2023 By Vanessa Londono

The affordable housing lottery has launched for 82 4th Avenue, a nine-story mixed-use building in Boerum Hill, Brooklyn. Designed by Lester Katz of BDF Architecture and developed by Abraham Posner, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $156,130.

Aerial rendering of Holland Gardens - Courtesy of PS&S Architects

Renderings Reveal $500M Holland Gardens Complex in Downtown Jersey City

7:00 am on March 6, 2023 By Sebastian Morris

Jersey City officials have revealed plans to redevelop an aging public housing property into a mixed-use, mixed-income complex in the city’s downtown area. Known as The Holland Gardens Revitalization Plan, the project team includes the Jersey City Housing Authority (JCHA), PS&S Architects, and WinnDevelopment, a Boston-based subsidiary of real estate investment firm Winn Companies.

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Affordable housing

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