Affordable housing

Affordable Housing Lottery Launches for 567 Ocean Parkway in Kensington, Brooklyn

7:00 am on October 8, 2021 By Vanessa Londono

The affordable housing lottery has launched for 567 Ocean Parkway, an eight-story residential building in Kensington, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Sam Klein under the Ocean Parkway Apartments LLC, the structure yields 35 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

227 West Street’s Façade Reaches Both Pinnacles in Greenpoint, Brooklyn

8:00 am on October 7, 2021 By Michael Young

Façade installation is getting closer to completion on 227 West Street, a two-tower residential development in the 22-acre Greenpoint Landing development along the East River in Greenpoint, Brooklyn. Designed by OMA and Beyer Blinder Belle and developed by Brookfield Property Partners and Park Tower Group, the 30- and 40-story towers will yield 745 rental units, with 30 percent planned as “income-targeted” apartments, marketed in accordance with the Affordable Housing New York program. James Corner Field Operations is the landscape architect, DeSimone Consulting Engineers is the structural engineer, Thornton Tomasetti is the façade consultant, and Highbury Concrete is responsible for building the 450- and 351-foot tall reinforced concrete superstructures, located off the corner of Eagle and West Streets.

Affordable Housing Lottery Launches for 1510 Gates Avenue in Bushwick, Brooklyn

7:00 am on October 7, 2021 By Vanessa Londono

The affordable housing lottery has launched for 1510 Gates Avenue, an 11-story residential building in Bushwick, Brooklyn. Designed by NY Building Associates Inc. and developed by The Horizon Group, the structure yields 70 residences. Available on NYC Housing Connect are 21 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $167,570.

55 Suffolk Street’s Superstructure Rises Above Street Level on Manhattan’s Lower East Side

8:00 am on October 6, 2021 By Michael Young

Construction is rising on 55 Suffolk Street, a 30-story mixed-use building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is part of the two-building Broome Street Development complex along with the 16-story 64 Norfolk Street. The complex will span 387,223 square feet and yield 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for both developments, which are being built near the intersection of Broome and Norfolk Streets.

Housing Lottery Launches for 1600 East 19th Street in Midwood, Brooklyn

7:00 am on October 6, 2021 By Vanessa Londono

The affordable housing lottery has launched for 1600 East 19th Street, an eight-story mixed-use residential building in Midwood, Brooklyn. Designed by Studio Gallos and developed by Gabriel Sakass of 1590 East 19th Street LLC, the structure yields 22 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.

Gotham Point’s 57-Story ‘Parcel F’ Tops Out in Hunters Point South, Queens

8:00 am on October 5, 2021 By Michael Young

Construction has topped out on Parcel F, a 57-story 559-foot tall skyscraper in the Gotham Point development in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, RiseBoro Community Partnership, Goldman Sachs Urban Investment Group, and the Department of Housing Preservation and Development (HPD), the reinforced concrete structure will yield 689 units alongside a 1,100-seat Intermediate High School built by the School Construction Authority, and Parcel G, its 33-story, 336-foot tall, 443-unit sibling. Gotham Point is located at the confluence of the East River and Newtown Creek, bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west. Handel Architects is also the interior designer while BHDM did the interior for the model apartment only.

Housing Lottery Launches for The Bryant at 1115 East 165th Street in Longwood, The Bronx

6:30 am on October 4, 2021 By Vanessa Londono

The affordable housing lottery has launched for The Bryant, an eight-story residential building at 1115 East 165th Street in Longwood, The Bronx. Designed by Magnusson Architecture and Planning and developed by New Destiny Housing, the 69,450-square-foot structure yields 62 residences. Available on NYC Housing Connect are 24 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $25,886 to $64,450.

Affordable Housing Units Still Available at 555 Waverly Avenue in Clinton Hill, Brooklyn

6:30 am on October 3, 2021 By Vanessa Londono

The affordable housing lottery has launched for 555 Waverly Avenue, an eight-story residential building in Clinton Hill, Brooklyn. Designed by HTO Architect and developed by Madison Realty Capital, the structure yields 190 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,315 to $167,570.

Rendering of 982-988 Fulton Street (457 Grand Avenue) - Fogarty Finger

SCALE Lending Provides $40M in Construction Financing for 982-988 Fulton Street in Clinton Hill, Brooklyn

7:30 am on October 2, 2021 By Sebastian Morris

Ranger Properties and KD Sagamore Capital have closed on a $40 million loan to complete a new multi-family rental building at 982-988 Fulton Street in Clinton Hill, Brooklyn. Financing was provided by SCALE Lending, an affiliate of Slate Property Group.

Affordable Housing Lottery Launches for 186 East 205th Street in Bedford Park, Bronx

7:00 am on October 2, 2021 By Vanessa Londono

The affordable housing lottery has launched for 186 East 205th Street, an eight-story residential building in Bedford Park, The Bronx. Designed by Badaly Architects and developed by Franco Sukaj, the 42,524-square-foot structure yields 62 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $41,143 to $167,570.

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Affordable housing

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