Affordable housing

Mayor Mamdani Announces Launch Of Neighborhood Builders Fast Track

Mayor Zohran Kwame Mamdani, Deputy Mayor Leila Bozorg, and HPD Commissioner Dina Levy have announced the new Neighborhood Builders Fast Track, a program intended to speed affordable housing development on City-owned land across New York City. The initiative will allow HPD to pre-qualify affordable housing developers and shorten the Request for Proposals process by about eight months for certain projects, cutting the developer selection timeline by nearly half. City officials said the first three sites slated for the program are 784-800 Myrtle Avenue in Brooklyn, 1337 Jerome Avenue in the Bronx, and 109-43 Farmers Boulevard in Queens.

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Housing Lottery Launches for 773 East 183 Street in Belmont, The Bronx

The affordable housing lottery has launched for 773 East 183 Street, an eight-story residential building in Belmont, The Bronx. Designed by Victor M. Torres and developed by David Lumaj & Vjollca Lumaj, the structure yields 34 residences. Available on NYC Housing Connect are seven units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,840 to $116,640.

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Permits Filed for 400 Thatford Avenue in Brownsville, Brooklyn

The affordable housing lottery has launched for 400 Thatford Avenue, a three-story residential conversion in Brownsville, Brooklyn. Designed by Baobab Architects and developed by Simon Kaufman, the structure yields 70 residences. Available on NYC Housing Connect are 17 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $37,955 to $129,600.

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3030 Ocean Parkway and 400 Neptune Avenue diagram, courtesy of Urban Cartographics.

Two New Residential Towers Planned For 303 Ocean Parkway and 400 Neptune Avenue in Coney Island, Brooklyn

Rybak Development and Cammeby’s recently submitted a rezoning application with the New York City Department of City Planning for two new 22-story residential buildings addressed as 3030 Ocean Parkway and 400 Neptune Avenue in Coney Island, Brooklyn. The mixed-use structures will collectively yield 703 rental units and rise from a pair of adjacent lots containing two existing 23-story residences knows as the Shorecrest Towers. 3030 Ocean Parkway would be constructed at the corner of Ocean Parkway and West Brighton Avenue, while 400 Neptune Avenue would be built by the corner of Neptune Avenue and Ocean Parkway.

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Voting Concludes For Isaacs Houses In Yorkville, Manhattan

Voting has concluded for residents of Stanley M. Isaacs Houses in Yorkville, Manhattan, where NYCHA said an independent third-party election administrator has begun tallying ballots on whether the development should join the Public Housing Preservation Trust, enter the PACT program, or remain Section 9. The campus contains 633 apartments and sits along East 93rd Street and First Avenue.

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