Affordable housing

Affordable Housing Lottery Launches for 320 West 135th Street in Harlem, Manhattan

7:00 am on April 9, 2022 By Vanessa Londono

The affordable housing lottery has launched for 320 West 135th Street, a nine-story mixed-use building in Harlem, Manhattan. Designed by AQC Architect and Elod Studio with David Jimenez as architect of record, and developed by Rafael Santandreu, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $90,858 to $167,570.

Affordable Housing Lottery Launches for 173 Johnson Avenue in Bushwick, Brooklyn

7:00 am on April 8, 2022 By Vanessa Londono

The affordable housing lottery has launched for 173 Johnson Avenue, a seven-story residential building in Bushwick, Brooklyn. Designed by ND Architecture & Design and developed by Watermark Capital, the structure yields 52 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 $78,686 to $167,570.

Victoria Theater Redevelopment, 233 West 125th Street, via Aufgang Architects

Developers Secure $167.5M for Victoria Tower Residences at 233 West 125th Street in Central Harlem, Manhattan

7:30 am on April 6, 2022 By Sebastian Morris

Lam Group and Exact Capital Group have closed on a $167.5 million construction loan to refinance Victoria Tower Residences, a 26-story mixed-use rental property in Central Harlem. The building is located at 233 West 125th Street, a site formerly occupied by the historic Victoria Theatre.

Housing Lottery Launches for 185 Units at 90 Sands Street in DUMBO, Brooklyn

7:00 am on April 5, 2022 By Vanessa Londono

The affordable housing lottery has launched for 90 Sands Street, a 30-story mixed-use building in DUMBO, Brooklyn. Designed by Beyer Blinder Belle and developed by Breaking Ground, the conversion will yield 491 residences. Available on NYC Housing Connect are 185 units for residents at 30 to 120 percent of the area median income (AMI), ranging in eligible income from $18,412 to $128,880.

Rendering of Raven Hall at 2006 Surf Avenue

Raven Hall Completes Construction at 2006 Surf Avenue in Coney Island, Brooklyn

6:30 am on April 4, 2022 By Sebastian Morris

Developers and city officials recently joined to celebrate the completion of Raven Hall, a 22-story mixed-income rental building in Coney Island. The building is located at 2006 Surf Avenue and introduces a collection of 216 affordable apartments, a public parking garage, and 8,500 square feet of ground-floor retail space.

Housing Lottery Launches for Silver Point Apartments at 43-20 52nd Street in Woodside, Queens

7:00 am on April 2, 2022 By Vanessa Londono

The affordable housing lottery has launched for Silver Point Apartments, a six-story mixed-use building at 43-20 52nd Street in Woodside, Queens. Designed by Angelo Ng & Anthony Ng Architect, the structure yields 14 residences, seven parking spaces, and ground-floor commercial and community facility space. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,715 to $167,570.

City Officials Join Project Partners to Celebrate 234 New Affordable Homes at Linden Terrace in East New York, Brooklyn

7:30 am on April 1, 2022 By Sebastian Morris

Developers and New York City officials recently joined to celebrate the first phase of completion at Linden Terrace, a 548-unit affordable housing complex in East New York, Brooklyn. Located at 2858 Linden Boulevard, the building comprises 234 affordable homes. The teams also celebrated the commencement of construction for the second and third buildings, which will eventually comprise 159 and 155 additional affordable apartments.

Housing Lottery Launches for The Henry at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx

7:00 am on March 30, 2022 By Vanessa Londono

The affordable housing lottery has launched for The Henry, a six-story residential building at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx. Designed by Kutnicki Bernstein Architects and developed by Timber Equities, the structure yields 55 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,520 to $167,570.

Thessalonica Court - Courtesy of Jonathan Rose Companies

Thessalonica Court Achieves Sustainability Milestone at 350 Saint Anns Avenue in Mott Haven, The Bronx

7:00 am on March 29, 2022 By Sebastian Morris

Thessalonica Court in Mott Haven, The Bronx has become the nation’s first affordable housing property to achieve both Enterprise Green Communities and the WELL Building Standard certifications. Working in collaboration, Enterprise and The International WELL Building Institute (IWBI) debuted the joint certification program for affordable buildings in 2019 to encourage developers to build healthier buildings for the country’s most vulnerable populations.

Developers Close on $87.6M in Financing for 575 Grand Street in Williamsburg, Brooklyn

7:30 am on March 26, 2022 By Sebastian Morris

Goose Property Management has received $87.6 million in financing to complete construction on a 186-unit rental property in Williamsburg, Brooklyn. Located at 575 Grand Street in a busy pedestrian corridor, the development will top out at nine stories and comprise approximately 175,000 square feet.

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Affordable housing

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