The affordable housing lottery has launched for The Monarch, a 24-story mixed-use building at 163-05 Archer Avenue in Jamaica, Queens. Designed by Studio V Architecture and developed by BRP Companies, the structure yields 605 residences. Available on NYC Housing Connect are 182 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $58,046 to $218,010.
Construction is is complete on 8 Court Square, a 20-story residential building in Long Island City, Queens. Designed by Hill West Architects and developed by Rose Associates and Werwaiss Properties under the 25-34 Jackson Avenue Property Owner LLC, the 224-foot-tall structure yields 157 rental units in one- to two-bedroom layouts with an average scope of 684 square feet, as well as 10,170 square feet of retail space. Forty-eight of the apartments will be reserved for affordable housing. Cauldwell Wingate served as the general contractor for the property, which is alternately addressed as 27-10 44th Drive and is bound by 44th Drive to the northeast, Jackson Avenue to the northwest, and Thomson Avenue to the west and south.
The affordable housing lottery has launched for 27-01 Jackson Avenue, a 27-story residential tower in Long Island City, Queens. Designed by SLCE Architects and developed by American Lions, a joint venture between Fetner Properties and Lions Group, the structure yields 164 residences. Available on NYC Housing Connect are 41 units for residents at 70 to 125 percent of the area median income (AMI), ranging in eligible income from $59,315 to $209,625.
Mayor Eric Adams announced that New York City has achieved consecutive record-breaking years for creating affordable housing and connecting New Yorkers to it. In the 2024 fiscal year, the city financed a combined 28,944 affordable and public housing units through new construction and preservation initiatives.
Façade installation is swiftly progressing on 159 Boerum Street, a 19-story residential building in East Williamsburg, Brooklyn. Designed by Aufgang Architects and developed by Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC, the 216-foot-tall building will span 116,000 square feet and yield 162 rental units with 49 designated as affordable housing. The property is located on an interior lot between Graham Avenue and Humboldt Street.
