Affordable housing

Rendering of proposed buildings 3-5 and 3-6 within the Seward Park Extension- Handel Architects

Excavation Work Progresses at 151-165 Broome Street on Manhattan’s Lower East Side

8:00 am on September 3, 2022 By Michael Young

Excavation work is progressing at 151-165 Broome Street, the site of a two-building affordable housing complex on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Grand Street Guild Housing Development Fund Company, Grand Street Guild East Housing Development Fund Company, Southeast Grand Street Guild Housing Development Fund Company, and Clinton Broome Development LLC, the project consists of the 15-story “Building 3-5” at 165 Broome Street and 16-story “Building 3-6” at 151 Broome Street, and will yield a combined total of 480 units. Monadnock Construction is the general contractor for the property, which is located within the Seward Park Extension master plan and bound by Broome Street to the north, Pitt Street to the east, and Clinton Street to the west.

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Housing Lottery Launches for 724 Elton Avenue in Melrose, The Bronx

6:30 am on September 2, 2022 By Vanessa Londono

The affordable housing lottery has launched for 724 Elton Avenue, a four-story residential building in Melrose, The Bronx. Built in 1931 for industrial use, the structure was altered in 2017 for residential use. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $187,330.

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55 Suffolk Street’s Brick Façade Nears Completion on Manhattan’s Lower East Side

8:00 am on September 1, 2022 By Michael Young

Façade installation is finishing up on 55 Suffolk Street, a 30-story residential tower in the two-building Broome Street Development complex on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure stands directly to the east of The Norfolk Senior Housing Building, its 16-story sibling at 64 Norfolk Street. The complex rises from a shared podium and will yield a combined 387,223 square feet with 493 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction is the general contractor for the property, which is located between Suffolk and Norfolk Streets.

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Housing Lottery Launches for 855 East 167th Street in Crotona Park East, The Bronx

7:00 am on September 1, 2022 By Vanessa Londono

The affordable housing lottery has launched for 855 East 167th Street, an eight-story residential building in Crotona Park East, The Bronx. Designed by Sion Consulting Engineering, the structure yields 30 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 $66,858 to $187,330.

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Housing Lottery Launches for 2 Mount Hope Place in Morris Heights, The Bronx

7:00 am on August 31, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2 Mount Hope Place, an 11-story mixed-use new development at 1840 Jerome Avenue in Morris Heights, The Bronx. Designed by Gerald Caliendo Architects and developed by Sam Kafif, the structure yields 430 residences. Available on NYC Housing Connect are 43 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $21,738 to $215,150.

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