Affordable housing

Façade Work Progresses on Gotham Point’s ‘Parcel F’ in Hunters Point South, Queens

At number 30 on YIMBY’s annual countdown of the 31 tallest buildings under construction in the New York City metropolitan region is Parcel F, a 559-foot-tall residential skyscraper in the two-tower Gotham Point development in Hunters Point South, Queens. Designed by Handel Architects and developed by The Gotham Organization, RiseBoro Community Partnership, Goldman Sachs Urban Investment Group, and the Department of Housing Preservation and Development (HPD), the 57-story structure stands alongside its 33-story, 443-foot-tall sibling Parcel G, collectively yielding over 1 million square feet and 1,132 rental apartments. Of these, 75 percent will debut as affordable housing and age-restricted homes for seniors. The development is bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west, and also features a five-acre waterfront park constructed by New York City’s Economic Development Corporation and a 1,100-seat Intermediate High School built by the School Construction Authority. Handel Architects is also the interior designer while BHDM was responsible for the interiors of the model apartment.

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Rendering of 840 Lorimer Street - Richard Bienenfeld Architect

Renderings Reveal Ten Story Mixed-Use Property at 840 Lorimer Street in Greenpoint, Brooklyn

Richard Bienenfeld Architects has revealed a collection of new renderings for 840 Lorimer Street, a ten-story development in Greenpoint, Brooklyn, now under review by the Department of City Planning. From local developer Shabsi Parnes, the proposed building would comprise a lower-level retail component, office space, 74 rental apartments, and a parking garage designed to accommodate 30 vehicles.

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Affordable Housing Lottery Launches for 1111 Fulton Street in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 1111 Fulton Street, a seven-story mixed-use building in Bedford Stuyvesant, Brooklyn. Designed by ND Architecture & Design, the structure yields seven residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $167,570.

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Grace Towers Apartments at 2060 Pitkin Avenue in Brooklyn - Courtesy of SVN Affordable

Camber Property Group Acquires Affordable Housing Portfolio from Omni New York in $105M Deal

Camber Property Group has completed a $105 million acquisition of three Project Based Section 8 affordable housing complexes formerly owned by Omni New York. The three properties include Grace Towers, a 168-unit building in East New York, Brooklyn; Target V Apartments in the Morris Heights section of The Bronx; and Madson Apartments in East Harlem.

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Housing Lottery Launches for 668 Bushwick Avenue in Bushwick, Brooklyn

The affordable housing lottery has launched for 668 Bushwick Avenue, a six-story mixed-use building in Bushwick, Brooklyn. Designed by Genaro Urueta and developed by Tsvi Lipsitz of Affordable Housing Real Estate Corp., the structure yields 52 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $71,658 to $167,570.

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