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.
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.
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.
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.
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.
