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.
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.
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.
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.
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.
