Affordable housing

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.

Rendering shows Two Bridges waterfront with several proposed large-scale buildings. Credit: SHoP Architects.

Two Bridges Associates Files Permits for 71-Story Skyscraper at 265 South Street on the Lower East Side

7:30 am on September 29, 2021 By Vanessa Londono

Permits have been filed for a 71-story mixed-use skyscraper with affordable Housing at 265 South Street in Manhattan’s Lower East Side. Located adjacent to Rutgers Park between Jefferson Street and Frank T. Modica Way, the lot was previously addressed as 260 South Street. Four blocks north of the site is the East Broadway subway station, serviced by the F train. Two Bridges Associates L.P., a partnership between L+M Development Partners and the CIM Group, is listed as the owner behind the applications.

202 East 23rd Street’s Superstructure Reaches Halfway Mark in Kips Bay, Manhattan

7:30 am on September 27, 2021 By Michael Young

Construction is rising on 202 East 23rd Street, a 20-story residential building in Kips Bay, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 90,000-square-foot structure is being built to Passive House standards and will yield 108 units with floor plans ranging from studios to two-bedrooms. Eighty homes will be set at market-rate pricing and the remaining 28 will be designated for affordable housing. KSK Construction Group, LLC is the general contractor for the project, which is located at the corner of East 23rd Street and Third Avenue.

The Willoughby Nears the Finish Line at 196 Willoughby Street in Downtown Brooklyn

8:00 am on September 26, 2021 By Michael Young

Curtain wall installation is nearing completion on The Willoughby, a 34-story mixed-use building at 196 Willoughby Street on Long Island University‘s Downtown Brooklyn campus. Designed by Perkins Eastman and developed by RXR Realty, the 435-foot-tall structure will yield residential units, academic and office spaces, an adjacent athletic field, and parking for 564 vehicles. The Willoughby is bound by Willoughby Street to the north, Ashland Place to the east, DeKalb Avenue to the south, and Flatbush Avenue Extension to the west. Hunter Roberts Construction Group is the general contractor for the LIU expansion project.

Affordable Housing Lottery Launches for 111 Varick Street in Hudson Square, Manhattan

6:30 am on September 26, 2021 By Vanessa Londono

The affordable housing lottery has launched for 111 Varick Street, a 30-story residential building in Hudson Square, Manhattan. Designed by S9 Architecture with interiors by Chris Shao Studio and developed by Extended, the structure yields 100 residences in a mix of studio, one-, and two-bedroom layouts. Available on NYC Housing Connect are 30 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,343 to $167,570.

Rendering of 1034-1042 Atlantic Avenue, view looking southwest along Atlantic Avenue - Archimaera

Department of City Planning Reviews Proposals for 1034 and 1042 Atlantic Avenue in Crown Heights, Brooklyn

8:00 am on September 25, 2021 By Sebastian Morris

The Department of City Planning is now reviewing proposals from EMP Capital Group to construct a pair of mid-rise, mixed-use buildings in Crown Heights, Brooklyn. The buildings will be constructed across eight zoning lots but will debut as 1034 and 1042 Atlantic Avenue.

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Affordable housing

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