The New York City Council voted Tuesday, November 21 to approve Innovation QNS, a $2 billion mixed-use development that will bring 3,200 apartments to Astoria, Queens. The development team behind the property includes Kaufman Astoria Studios, Silverstein Properties, and BedRock Real Estate Partners, which was forced to price around 1,400 apartments, or nearly half of the planned units, below market rate.
The New York City Housing Authority (NYCHA) has selected Asland Capital Partners, Breaking Ground, Douglaston Development, and SLM Architecture to complete a major rehabilitation project at Sack Wern Houses, a seven-building complex in the Soundview section of The Bronx.
The affordable housing lottery has launched for 308 Linden Boulevard, a seven-story residential building in Flatbush, Brooklyn. Designed by S&S Architectural Design and developed by David Halberstam under the 308 Linden Boulevard LLC, the structure yields 18 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $83,349 to $187,330.
The affordable housing lottery has launched for 1921 Atlantic Avenue, a 14-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Developed by Thorobird Companies and designed by GF55 Partners, the structure yields 236 residences. Available on NYC Housing Connect are 199 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $16,218 to $132,400.
Work has begun on the expansion and redevelopment of the historic Empire State Dairy Company Building at 2840 Atlantic Avenue in East New York. Designed by Dattner Architects and developed by The Moinian Group and Bushburg, the project involves the partial gutting of the existing low-rise building to support a 14-story tower with 320 residential units, 12,000 square feet of ground-floor commercial space, and a new charter school. The entire property will comprise 370,000 square feet.
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