Affordable housing

Rendering of Rockaway Village Phase Four - Marvel Architects

Phipps Houses Closes on $116M Package to Complete Rockaway Village Affordable Housing Development in Far Rockaway, Queens

7:00 am on January 9, 2022 By Sebastian Morris

Phipps Houses has closed on $116 million in financing to complete the fourth phase of Rockaway Village, a mixed-use affordable housing project in Far Rockaway, Queens. The ongoing development is slowly replacing an abandoned shopping center and will comprise 1,700 units of affordable housing, 120,000 square feet of commercial and community facility space, and 590 parking spaces.

1841 Broadway Reaches Street Level on Manhattan’s Upper West Side

8:00 am on January 8, 2022 By Michael Young

Construction has reached street level on 1841 Broadway, a 25-story, 281-foot-tall residential building on Manhattan’s Upper West Side. Designed by INC Architecture & Design and developed by Global Holdings Management Group, the 180,813-square-foot edifice will yield 173 market-rate and affordable housing units as well as 11,741 square feet of retail space on the first two levels. Pavarini McGovern, LLC is the general contractor and DeSimone Consulting Engineers is the façade consultant for the project, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwestern corner of Central Park.

Developers Announce $85M Acquisition of Lexington Court Affordable Housing Complex in East Harlem

7:30 am on January 8, 2022 By Sebastian Morris

LIHC Investment Group, Camber Property Group and Settlement Housing Fund have completed an $85 million acquisition of Lexington Court in East Harlem. The nine-building complex comprises 229 affordable apartments primarily along East 118th and East 119th Streets surrounding Park, Lexington, and Third Avenues.

Rendering of 35-01 Vernon Boulevard; perspective from 9th Street - GKA Design Studio

Renderings Revealed for 35-01 Vernon Boulevard in Long Island City, Queens

7:30 am on January 7, 2022 By Sebastian Morris

Renderings from GKA Design Group reveal a nine-story mixed-use property at 35-01 Vernon Boulevard Long Island City, Queens. The developer, Agayev Holding, is now pursuing zoning text amendments to permit construction for the nine-story building, which is located in an area currently zoned for three- to four-story multifamily buildings.

Rendering of the Sendero Verde complex in East Harlem

Housing Lottery Launches for Sendero Verde Phase I in East Harlem, Manhattan

7:00 am on January 7, 2022 By Vanessa Londono

The affordable housing lottery has launched for Sendero Verde Phase I, a 15-story building at 60 East 112th Street and a ten-story building at 75 East 111th Street in East Harlem, Manhattan. Designed by Handel Architects and developed by L+M Development Partners, Jonathan Rose Companies, and Acacia Network, the Sendero Verde complex will yield nearly 700 residences when all phases are complete, along with numerous outdoor green spaces and community facility space for social services. Available on NYC Housing Connect are 324 units for residents at 30 to 110 percent of the area median income (AMI), ranging in eligible income from $15,806 to $162,800.

Permits Filed for 50 Sackman Street in Ocean Hill, Brooklyn

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

Permits have been filed for an 11-story mixed-use building at 50 Sackman Street in Ocean Hill, Brooklyn. Located between Herkimer Street and Fulton Street, the lot is near the Broadway Junction subway station, serviced by the A, C, J, and Z trains. TOT Developers is listed as the owner behind the applications.

Updated rendering of Brooklyn Crossing - Courtesy of VMI Studio for IF Studio

Leasing Launches for Brooklyn Crossing at 18 Sixth Avenue in Pacific Park, Prospect Heights, Brooklyn

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

Leasing is now underway at Brooklyn Crossing, a new 51-story residential tower in Prospect Heights, Brooklyn. Located at 18 Sixth Avenue, the property is the latest building to debut within the 22-acre Pacific Park master-planned development zone.

Housing Lottery Launches for 89 Units at 266 Kent Avenue in Williamsburg, Brooklyn

7:00 am on January 6, 2022 By Vanessa Londono

The affordable housing lottery has launched for One South First, aka Ten Grand Street, a 45-story mixed-use residential building at 266 Kent Avenue on the waterfront of Williamsburg, Brooklyn. Designed by COOKFOX Architects and developed by Two Trees Management, the structure yields over 300 residences. Available on NYC Housing Connect are 89 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $55,646 to $167,570.

Rendering Unveiled for Cooper Park Commons at 89 Maspeth Avenue in East Williamsburg, Brooklyn

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

A rendering has been unveiled for 89 Maspeth Avenue, a 100-percent affordable development in East Williamsburg, Brooklyn with 311 residences. The design architect is Architecture Outfit and the architect of record is Magnusson Architecture and Architecture, with 89 Maspeth Avenue being developed in a joint venture between Hudson Companies and local non-profit St. Nicks Alliance. The 18-story, 457,444-square-foot tower will be located between Olive Street and Bushwick Avenue and within walking distance of the Graham Avenue subway station, serviced by the L train.

Rendering Revealed for One Archer at 92-27 160th Street in Jamaica, Queens

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

A rendering has been revealed in time for the marketing launch of One Archer, a 23-story mixed-use residential tower in Downtown Jamaica, Queens. Located at 92-27 160th Street, the ground-up development will house 315 rental units with 95 residences designated as affordable housing. Developed by Archer 1 LLC and designed by Hill West Architects, with Corcoran New Development as the exclusive marketing and leasing agent, the structure will rise over over the intersection of Archer Avenue and 160th Street.

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Affordable housing

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