Affordable housing

Westchester IDA Approves Financial Incentives for Two Multi-Family Developments in Downtown White Plains

7:30 am on February 11, 2022 By Sebastian Morris

Westchester County’s Industrial Development Agency has approved two substantial multifamily rental properties in downtown White Plains. Referred to simply as the IDA, the agency works to facilitate diversification and urbanization of the county through the construction of vibrant mixed-use developments. Together these new properties will create 346 new apartments and represent $131 million in private investment.

Affordable Housing Lottery Launches for 227 Units at 425 Grand Concourse in Mott Haven, The Bronx

7:00 am on February 11, 2022 By Vanessa Londono

The affordable housing lottery has launched for 425 Grand Concourse, a 26-story mixed-use building in Mott Haven, The Bronx. Designed by Dattner Architects, the structure yields 277 residences, a neighborhood supermarket, a community health center, a cultural center, and a 30,000-square-foot educational facility for CUNY’s Hostos Community College. Available on NYC Housing Connect are 248 units for residents at 30 to 130 percent of the area median income (AMI), ranging in eligible income from $15,360 to $192,400.

Housing Lottery Launches for 14 Duffield Street in Downtown Brooklyn

6:30 am on February 10, 2022 By Vanessa Londono

The affordable housing lottery has launched for 14 Duffield Street, a six-story residential building in Downtown Brooklyn. Designed by WJH Architect, the structure yields 12 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 $82,286 to $167,570.

Brooklyn Tower’s Façade Reaches Final Residential Levels at 9 DeKalb Avenue in Downtown Brooklyn

8:00 am on February 9, 2022 By Michael Young

Façade installation is approaching the 1,066-foot pinnacle of the The Brooklyn Tower, a 93-story residential supertall skyscraper at 9 DeKalb Avenue in Downtown Brooklyn and the tallest structure in the outer boroughs. Designed by SHoP Architects and developed by JDS Development, the building will yield 550 residences, with 150 for purchase, as well as a 100,000-square-foot retail podium bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, and DeKalb Avenue to the south. This public portion of The Brooklyn Tower will utilize the landmarked Dime Savings Bank of Brooklyn, which is being renovated. Douglas Elliman is serving as the exclusive marketing, sales, and leasing agent for the property. YIMBY last reported that 30 percent of rentals are designated as affordable housing units, and residences for purchase start over 500 feet above street level.

Aerial view of McCarley Gardens - Buffalo Rising

Construction Breaks Ground on $57M McCarley Gardens Affordable Housing Development in Buffalo, New York

7:30 am on February 9, 2022 By Sebastian Morris

A $57 million renovation project is now underway at McCarley Gardens, a 15-acre affordable housing complex in Buffalo, New York. Planned renovations will focus on improving the property’s energy efficiency, quality of life for the residents, and existing infrastructure.

Housing Lottery Launches for 3508 Tryon Avenue in Norwood, The Bronx

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

The affordable housing lottery has launched for 3508 Tryon Avenue, a seven-story residential building in Norwood, The Bronx. Designed by Tabriz Group Design and developed by Peter Persaud, the structure yields 24 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $54,858 to $167,570.

Housing Lottery Launches for 117 Units at Vital Brookdale in Brownsville, Brooklyn

6:30 am on February 7, 2022 By Vanessa Londono

The affordable housing lottery has launched for Vital Brookdale at 535 East 98th Street in Brownsville, Brooklyn. Designed by Dattner Architects, the structure yields 160 residences. Available on NYC Housing Connect are 117 units for residents at 50 to 80 percent of the area median income (AMI), ranging in eligible income from $35,829 to $118,400.

Topped-Out 595 Dean Street’s Exterior Begins to Take Shape in Prospect Heights, Brooklyn

8:00 am on February 6, 2022 By Michael Young

Façade installation has begun on 595 Dean Street, a two-building mixed-use development in the Pacific Park complex in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the complex will yield a total of 798 units between the 23-story West Tower and 28-story East Tower. Residences will come in studio, studio alcove, one-bedroom, and two-bedroom layouts, with 240 homes slated for affordable housing. The development will also contain 72,600 square feet of public open space, ground-floor retail area, a 455-car parking garage, and a Chelsea Piers Field House. TFC Pacific Park GC LLC is the general contractor and MNLA is the landscape designer for the property, which is bound by Pacific Street to the north, 550 Vanderbilt Avenue to the east, 535 Carlton Apartments to the west, and Dean Street to the south.

Housing Lottery Launches for 2809 Clarendon Road in Flatbush, Brooklyn

6:30 am on February 6, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2809 Clarendon Road, a seven-story residential building in Flatbush, Brooklyn. Designed by NY Building Associates Inc., the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,286 to $167,570.

Chestnut Commons Apartments in East New York, Brooklyn via NYC Housing Connect

Housing Lottery Launches for 219 Units at Chestnut Commons Apartments in East New York, Brooklyn

7:00 am on February 3, 2022 By Vanessa Londono

The affordable housing lottery has launched for Chestnut Commons Apartments, a 14-story mixed-use building at 110 Dinsmore Place in East New York, Brooklyn. Designed by Dattner Architects and developed by Ismene Speliotis, the structure yields 275 residences. Available on NYC Housing Connect are 219 units for residents at 20 to 80 percent of the area median income (AMI), ranging in eligible income from $9,875 to $118,400.

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Affordable housing

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