The affordable housing lottery has launched for 735 Fenimore Street in East Flatbush, Brooklyn. The four-story residential building is designed by Gerald Caliendo Architect and yields 4,400 square feet. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $60,000 to $167,570.
The affordable housing lottery has launched for 1098 Madison Street in Bushwick, Brooklyn. The four-story residential building is designed by L&C Associates and yields eight units. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,000 to $139,620.
The affordable housing lottery has launched for 1489-1495 Brooklyn Avenue, two four-story residential buildings in East Flatbush, Brooklyn. Designed by Asher Hershkowitz Architect, each structure yields eight units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,715 to $167,570.
The affordable housing lottery has launched for 5203 Center Boulevard, a 56-story mixed-use residential building in Long Island City, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the waterfront structure yields 855,541 square feet. Available on NYC Housing Connect are 534 units for residents at 40 to 165 percent of the area median income (AMI), ranging in eligible income from $20,606 to $212,685.
Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.
