Affordable housing

Expedited Land Use Review Procedure Launches For 351 Powers Avenue In Mott Haven, The Bronx

7:00 am on February 23, 2026 By Max Gillespie

The City’s first Expedited Land Use Review Procedure (ELURP) has launched for 351 Powers Avenue in Mott Haven, The Bronx, initiating a streamlined public review process for the disposition of City-owned land that would create approximately 84 affordable homes. The Department of City Planning will also begin review of a proposal for the City to acquire a parcel adjacent to Saw Mill Creek Marsh Park on Staten Island to support ongoing restoration and conservation efforts. Both applications will proceed under ELURP, which shortens public review to 90 days from roughly seven months under the standard process.

Housing Lottery Launches for 107 Mott Street in Chinatown, Manhattan

7:00 am on February 21, 2026 By Vanessa Londono

The affordable housing lottery has launched for 107 Mott Street, an eight-story residential building in Chinatown, Manhattan. Designed by Group Projects Architecture and developed by 107 Mott Street Realty LLC, the structure yields 11 residences. Available on NYC Housing Connect are three units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $71,040 to $189,540.

Housing Lottery Launches for Grant TPT Apartments in Morrisania, The Bronx

7:00 am on February 20, 2026 By Vanessa Londono

The affordable housing lottery has launched for Grant TPT Apartments, three residential buildings located at 1113 Grant Avenue, 1211 Washington Avenue, and 1033 Cauldwell Avenue in Morrisania, The Bronx. Built between 1910 and 1931, the structures yield a total 100 residences. Available on NYC Housing Connect are 19 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $51,669 to $105,000.

Timbale Terrace. Rendering courtesy of Lantern Organization, Mega Development, Urban Architectural Initiatives, and the HPD.

Timbale Terrace Breaks Ground at 101 East 118th Street in East Harlem, Manhattan

8:00 am on February 19, 2026 By Michael Young and Matt Pruznick

Yesterday, Mayor Zohran Mamdani took part in the groundbreaking ceremony for Timbale Terrace, a 20-story all-affordable housing development at 101 East 118th Street in East Harlem, Manhattan. Designed by Urban Architectural Initiatives (UAI) and developed in a joint venture between Mega Group Development, the Lantern Organization, and the New York City Department of Housing Preservation and Development, the structure will yield 341 rental units, including 97 designated as supportive housing for the formerly homeless. The project will also include space for social services provided by Lantern Community Services, a fitness center, rooftop terraces, on-site parking for police vehicles, and 20,000 square feet of ground-floor commercial space. The property is located along Park Avenue between East 118th and East 119th Streets.

Housing Lottery Launches for 169-13 90th Avenue in Jamaica, Queens

7:00 am on February 19, 2026 By Vanessa Londono

The affordable housing lottery has launched for 169-13 90th Avenue, a seven-story residential building in Jamaica, Queens. Designed by Angelo Ng + Anthony Ng Architects Studio and developed by Om Shakti Temple, the structure yields 25 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $91,029 to $227,500.

Housing Lottery Launches for Gail P. Duke Senior Residence at 350 Livonia Avenue in Brownsville, Brooklyn

7:00 am on February 18, 2026 By Vanessa Londono

The affordable housing lottery has launched for Gail P. Duke Senior Residence, a 12-story mixed-use building at 350 Livonia Avenue in Brownsville, Brooklyn. Designed by Magnusson Architecture and Planning and developed by Catholic Charities Progress of Peoples Development Corporation, the structure yields 142 residences. Available on NYC Housing Connect are 47 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $3,806 to $72,900.

40 Exchange Place. Image courtesy of 40 Exchange.

40 Exchange Place Readies for 382-Unit Office-To-Residential Conversion in Financial District, Manhattan

7:30 am on February 17, 2026 By Michael Young and Matt Pruznick

Work is about to begin on the office-to-residential conversion of 40 Exchange Place, a 20-story commercial building in Lower Manhattan’s Financial District. Designed by Tuller McNealus Feld and developed by GFP Real Estate, the project will repurpose the structure’s 300,000 square feet into 382 rental apartments. The project will also include ground-floor retail space. A portion of the residential offering will be dedicated to affordable housing. The property is located at the intersection of Exchange Place and William Street.

Affordable Housing Tower Announced for 1024 Fulton Street In Clinton Hill, Brooklyn

7:00 am on February 16, 2026 By Max Gillespie and Matt Pruznick

Plans have been announced for a 17-story affordable housing project on a state-owned site at 1024 Fulton Street in Clinton Hill, Brooklyn. Developed and wholly owned by a partnership of Fifth Avenue Committee, Bedford Stuyvesant Restoration Corporation, and One Brooklyn Health, the approximately 149,000-square-foot structure will yield 125 permanently affordable rental apartments. The $111 million project will also feature a 28,000-square-foot intergenerational community facility operated by Fort Greene Council, offering programming for older adults and early childhood education, as well as a 1,000-square-foot health clinic operated by One Brooklyn Health. The property is located mid-block between Classon and Grand Avenues.

2605 Snyder Avenue. Photo by Michael Young.

2605 Snyder Avenue Completes Construction in Flatbush, Brooklyn

7:30 am on February 15, 2026 By Michael Young and Matt Pruznick

Construction is complete on 2605 Snyder Avenue, a seven-story residential building in Flatbush, Brooklyn. Designed by S. Wieder Architect and developed by Anshel Friedman of Artist Construction LLC, the 74-foot-tall structure yields 62 rental units with an average scope of 1,315 square feet, including 19 reserved for affordable housing. The project also features 3,456 square feet of ground-floor retail space. The property is located along Snyder Avenue between Rogers Avenue and Veronica Place.

47-03 108th Street. Developed by 108 Realty Group Inc..

New Rendering Revealed for 47-03 108th Street in Corona, Queens

8:00 am on February 14, 2026 By Michael Young and Matt Pruznick

The first rendering has been revealed for 47-03 108th Street, a proposed 13-story mixed-use building in Corona, Queens. Developed by 108 Realty Group Inc., the 120,000-square-foot structure will yield 119 rental apartments, including 60 affordable housing units for residents at 60 percent of the area median income (AMI). The project will also include 17,700 square feet of community space and 8,700 square feet of retail space, according to plans filed with the New York City Planning Commission in early November. The property is located between 47th and 48th Avenues.

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