Affordable housing

Nevins Street Apartments Nears Completion at 50 Nevins Street in Downtown Brooklyn

Construction is finishing up on The Nevins Street Apartments, a residential building at 50 Nevins Street in Downtown Brooklyn. Designed by Dattner Architects and developed by Institute for Community Living (ICL), the project involved the gut renovation of a 95-year-old eight-story building and the construction of a ten-story volume along Schermerhorn Street that extends over the northeast corner of the original structure’s roof. The 114,000-square-foot property will yield 129 affordable apartments as well as mental health support services for low-income residents. Mega Contracting Group LLC is the general contractor and King Contracting Group built the masonry walls for the addition, which is located at the corner of Nevins and Schermerhorn Streets.

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211 McGuinness Boulevard, rendering by Gene Kaufman Architect

Housing Lottery Launches for Otto Greenpoint at 211 McGuinness Boulevard in Greenpoint, Brooklyn

The affordable housing lottery has launched for Otto Greenpoint, an eight-story mixed-use building at 211 McGuinness Boulevard in Greenpoint, Brooklyn. Designed by Gene Kaufman and developed by Stellar Management, the structure yields 197 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,463 to $167,570.

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Housing Lottery Launches for 1073 Summit Avenue in Highbridge, The Bronx

The affordable housing lottery has launched for 1073 Summit Avenue, a ten-story residential building in Highbridge, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 105 residences. Available on NYC Housing Connect are 32 units for residents at 120 percent of the area median income (AMI), ranging in eligible income from $54,858 to $154,680.

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Rendering of 51 South Broadway

Westchester IDA Approves Financial Incentives for Two Multi-Family Developments in Downtown White Plains

Westchester County’s Industrial Development Agency has approved two substantial multifamily rental properties in downtown White Plains. Referred to simply as the IDA, the agency works to facilitate diversification and urbanization of the county through the construction of vibrant mixed-use developments. Together these new properties will create 346 new apartments and represent $131 million in private investment.

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