Affordable housing

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Foundations Underway at 258-278 Eighth Avenue in Chelsea, Manhattan

8:00 am on June 19, 2022 By Michael Young

Below-grade work is ramping up at 258-278 Eighth Avenue, site of a 14-story mixed-use project in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 173-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space on the lower floors. Leeding Builders Group is the general contractor and Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the Midtown, Manhattan project, which is located along Eighth Avenue between West 23rd and West 24th Streets.

Landy Court Affordable Housing Project Debuts at 10 School Street in Yonkers

7:30 am on June 18, 2022 By Sebastian Morris

Developers and state officials recently joined to celebrate the grand opening of Landy Court, an 80-unit residential property with a mix of affordable and supportive housing units in Yonkers. The seven-story building was developed in collaboration by St. Joseph’s Medical Center and Concern Housing, Inc., a non-profit housing agency.

Alloy Block’s 100 Flatbush Avenue Begins Ascent in Downtown Brooklyn

8:00 am on June 17, 2022 By Michael Young

Construction is now rising on 100 Flatbush Avenue, a 44-story residential building in the Alloy Block multi-tower complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall structure will yield 441 units, with 45 reserved for affordable housing. The project was initially slated to feature 100,000 square feet of office space, but this has been scrapped in favor of 184 additional apartments. Urban Atelier Group is the contractor for the property, which is located on a trapezoidal plot bound by Flatbush Avenue to the northeast, State Street to the southwest, and Third Avenue to the northwest.

Housing Lottery Launches for 88 Linden Boulevard in Flatbush, Brooklyn

7:00 am on June 17, 2022 By Vanessa Londono

The affordable housing lottery has launched for 88 Linden Boulevard, a seven-story residential building in Flatbush, Brooklyn. Designed by RoArt with Feingold and Gregory Architects as the architect of record, and developed by Brookland Capital, the structure yields 66 residences. Available on NYC Housing Connect are 20 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $215,150.

Affordable Housing Lottery Launches for El Borinquen at 3401 Third Avenue in Morrisania, The Bronx

7:00 am on June 16, 2022 By Vanessa Londono

The affordable housing lottery has launched for Comunilife Third Avenue-El Borinquen, a ten-story residential building at 3401 Third Avenue in Morrisania, The Bronx. Designed by Alexander Gorlin Architects and developed by Comunilife, the structure yields 148 residences. Available on NYC Housing Connect are 57 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $17,898 to $72,060.

Rendering of 304 West 150th Street - Courtesy of Exact Capital

Exact Capital Reveals Two Affordable Cooperative Buildings in West Harlem, Manhattan

7:00 am on June 15, 2022 By Sebastian Morris

A new public-private development partnership led by Exact Capital will create two new affordable cooperative buildings in West Harlem, Manhattan. The new buildings will improve vacant parcels at 207-209 West 140 Street and 304 West 150 Street, and create a total of 52 homes.

Aerial view of 50 Penn at 50 Pennsylvania Avenue - Courtesy of Pennrose and RiseBoro Community Partnership

Developers Compete 50 Penn Affordable Housing Project at 50 Pennsylvania Avenue in East New York, Brooklyn

7:00 am on June 14, 2022 By Sebastian Morris

Developers and city officials recently celebrated the completion of 50 Penn, a 218-unit affordable housing property at 50 Pennsylvania Avenue in East New York, Brooklyn. Developed by Pennrose with design by Dattner Architects, the building’s residential collection includes include 56 studios, 96 one-bedroom, 48 two-bedroom, and 18 three-bedroom apartments.

Permits Filed for 1405 Boston Road in Morrisania, The Bronx

6:30 am on June 12, 2022 By Vanessa Londono

Permits have been filed for a six-story affordable housing building at 1405 Boston Road in Morrisania, The Bronx. Located between Prospect Avenue and East 170th Street, the lot is within walking distance of the Freeman Street subway station, serviced by the 2 and 5 trains. Frederick Shack of Urban Pathways Inc. is listed as the owner behind the applications.

Housing Lottery Launches for 235 Units at 601 West 29th Street in Hudson Yards, Manhattan

7:00 am on June 10, 2022 By Vanessa Londono

The affordable housing lottery has launched for 601 West 29th Street, a 60-story mixed-use tower in Hudson Yards, Manhattan. Designed by FXCollaborative and developed by Douglaston Development, the building yields 938 residences, 50,000 square feet of amenity space, and 15,000 square feet of retail space. Available on NYC Housing Connect are 235 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $26,229 to $144,100.

Rendering of the Trinity Reverend William James Senior Apartments at 1074 Washington Avenue - Curtis + Ginsberg Architects

Developers Complete $84M Affordable Housing Development for Seniors at 1074 Washington Avenue in Morrisania, Bronx

7:30 am on June 4, 2022 By Sebastian Morris

A new, mixed-use, affordable housing project for low-income seniors has debuted in the Morrisania section of The Bronx. Located at 1074 Washington Avenue, the Trinity-Reverend William James Senior Apartments is constructed on land formerly occupied by a vacant United Methodist church and today comprises a collection of 154 deeply affordable apartments, a 5,400-square-foot social services facility on the ground floor, and recreational amenity spaces for future occupants.

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Affordable housing

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