Affordable housing

Rendering of 146-93 Guy R. Brewer Boulevard - M S Savani Architects

Renderings Reveal Mixed-Use Property at 146-93 Guy R. Brewer Boulevard in Springfield Gardens, Queens

6:30 am on November 22, 2021 By Sebastian Morris

The Department of City Planning is now reviewing proposals to construct an eight-story mixed-use building at 146-93 Guy R. Brewer Boulevard in Springfield Gardens, Queens. Before the project can break ground, the agency must approve a zoning map and text amendments that would permit the construction of a mixed-use residential property, which would exceed currently allowable density and use-type. The project will also be subject to an 18-month Uniform Land Use Review Procedure (ULURP) to elicit feedback from local community groups and residents.

Aerial view of Edgemere Commons - Aufgang Architects

Tishman Speyer Acquires Edgemere Commons Affordable Housing Complex in Edgemere, Queens

7:00 am on November 21, 2021 By Sebastian Morris

Tishman Speyer has purchased the vast majority of Edgemere Commons, a forthcoming affordable housing complex in Edgemere, Queens. The development site is located on the former Peninsula Hospital complex in the Rockaways, which comprises 9.34 acres.

Extell Files Permits for 22-Story Tower at 1637 First Avenue on the Upper East Side, Manhattan

6:30 am on November 21, 2021 By Vanessa Londono

Permits have been filed for a 22-story mixed-use building at 1637 First Avenue on Manhattan’s Upper East Side. Located between East 85th and East 86th Streets along First Avenue in Yorkville, the lot is one block from the 86th Street subway station, serviced by the Q train. Extell Development is listed as the owner behind the applications.

Permits Filed for 251 Douglass Street in Gowanus, Brooklyn

6:30 am on November 20, 2021 By Vanessa Londono

Permits have been filed for a 13-story mixed-use building at 251 Douglass Street in Gowanus, Brooklyn. Located between Nevins Street and 3rd Avenue, the lot is within walking distance of the Union Street subway station, serviced by the R train. Charney Companies and Tavros Capital is listed as the owner behind the applications, and also recently filed for a new development nearby at 577 Union Street.

Permits Filed for 577 Union Street in Gowanus, Brooklyn

7:00 am on November 19, 2021 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 577 Union Street in Gowanus, Brooklyn. Located between Nevins Street and 3rd Avenue, the lot is one block from the Union Street subway station, serviced by the R train. Charney Companies and Tavros Capital is listed as the owner behind the applications.

Alternate view of 40 Debevoise Street - Photo by Gerri Hernandez

100% Affordable Housing Property for Seniors Debuts at 40 Debevoise Street in Williamsburg, Brooklyn

7:30 am on November 18, 2021 By Sebastian Morris

Debevoise Senior Housing, a 100 percent affordable housing property for senior residents, opened this week in Williamsburg, Brooklyn. The new property is located at 40 Debevoise Street and was developed in partnership by The Arker Companies, New York City’s Department of Housing Preservation and Development (HPD), and the Jewish Association Serving the Aging (JASA).

Financing Secured for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

7:00 am on November 18, 2021 By Vanessa Londono

The closing of construction financing was announced for a new 47-story mixed-use residential development at 550 Tenth Avenue in Hell’s Kitchen. The project is developed by Gotham Organization and Goldman Sachs Asset Management JV in a joint venture equity partnership, with Wells Fargo and US Bank providing a $212 million construction loan, and Lionheart Strategic Management providing $35 million in mezzanine financing.

Plank Road at 662 Pacific Street - VMI rendering for IF Studio

Housing Lottery Launches for 94 Units at Plank Road Apartments in Prospect Heights, Brooklyn

7:00 am on November 17, 2021 By Vanessa Londono

The affordable housing lottery has launched for Plank Road Apartments, a 27-story residential building at 662 Pacific Street in the Pacific Park mega-development in Prospect Heights, Brooklyn. Designed by Marvel Architects and developed by The Brodsky Organization, the structure yields 312 residences. Available on NYC Housing Connect are 94 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $53,040 to $167,570.

Permits Filed for 975 Nostrand Avenue in Crown Heights, Brooklyn

6:30 am on November 16, 2021 By Vanessa Londono

Permits have been filed for a five-story mixed-use building with mixed-income housing at 975 Nostrand Avenue in Crown Heights, Brooklyn. Located between Empire Boulevard and Montgomery Street, the lot is two blocks from the Sterling Street subway station, serviced by the 2 and 5 trains. Sally Gilliland of Cadman Associates LLC is listed as the owner behind the applications. Earlier this year Hudson Companies purchased the site from Midwood Investment & Development for $41.5 million.

Park Avenue Apartments at 3500 Park Avenue

Supportive Housing Development Completes Construction at 3500 Park Avenue in Claremont, The Bronx

7:00 am on November 14, 2021 By Sebastian Morris

Construction is now complete at Park Avenue Apartments, a mixed-income affordable housing property in Claremont, The Bronx. Located at 3500 Park Avenue, the seven-story building comprises 115 units of affordable housing, including 69 units with supportive services funded through the Empire State Supportive Housing Initiative.

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Affordable housing

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