Affordable housing



Housing Lottery Launches for Peninsula Building 1B in Hunts Point, The Bronx

The affordable housing lottery has launched for Peninsula Building 1B, a 14-story mixed-use building at 720 Tiffany Street in Hunts Point, The Bronx. Designed by WXY Architecture + Urban Design and developed jointly by Gilbane Development Company, Hudson Companies, and the Mutual Housing Association of New York, the structure is the first of four new developments bringing 740 affordable units to the area. Available on NYC Housing Connect are 164 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,772 to $118,400.

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Permits Filed for 1638 Park Avenue in East Harlem, Manhattan

Permits have been filed for a ten-story mixed-use building with affordable housing at 1638 Park Avenue in East Harlem, Manhattan. Located at the intersection of East 116th Street and Park Avenue, the corner lot is one block west of the 116 Street subway station, serviced by the 6 train. Bernard McNamee of Affect Property Group is listed as the owner behind the applications.

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