Affordable housing

Parcel F’s Brick Façade Nears Completion in Hunters Point South, Queens

8:00 am on February 21, 2022 By Michael Young

Façade installation is getting close to completion on Parcel F, a 57-story residential skyscraper in the two-tower Gotham Point development in Hunters Point South, Queens. Designed by Handel Architects and developed by The Gotham Organization, RiseBoro Community Partnership, Goldman Sachs Urban Investment Group, and the Department of Housing Preservation and Development (HPD), the 559-foot-tall tower stands adjacent to Parcel G, its 33-story, 443-foot-tall sibling. Together, the buildings will yield 1,132 rental apartments, of which 75 percent will be dedicated to affordable housing with age-restricted homes for seniors, as well as a 1,100-seat Intermediate High School built by the School Construction Authority and a 5-acre waterfront park constructed by New York City’s Economic Development Corporation. Handel Architects is the interior designer and BHDM was responsible for the model apartment interiors for the property, which is bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west.

Affordable Housing Lottery Launches for 95 Units at One Archer in Jamaica, Queens

6:30 am on February 20, 2022 By Vanessa Londono

The affordable housing lottery has launched for One Archer, a 24-story residential building at 160-05 Archer Avenue in Jamaica, Queens. Designed by Hill West Architects and developed by Shorewood Real Estate Group, the structure yields 315 residences and 131,282 square feet of ground-floor retail. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $53,143 to $167,570.

Housing Lottery Launches for 874 Willoughby Avenue in Bed-Stuy, Brooklyn

7:00 am on February 18, 2022 By Vanessa Londono

The affordable housing lottery has launched for 874 Willoughby Avenue, a nine-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Stavros Malliaros, the structure yields 93 residences, ground-floor commercial space, and 42 parking spaces. Available on NYC Housing Connect are 28 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $35,760 to $139,620.

Mayor Adams Shutters Illegal Hotel at 258 West 97th Street, Announces New Affordable Housing Building on Upper West Side

7:30 am on February 17, 2022 By Sebastian Morris

New York City Mayor Eric Adams announced plans to construct a new 82-unit affordable housing property at 258 West 97th Street on Manhattan’s Upper West Side. The project is the direct result of a $1.1 million settlement with illegal hotelier Hank Freid who owned and operated the property for more than a decade.

Housing Lottery Launches for 142 Richards Street in Red Hook, Brooklyn

6:30 am on February 17, 2022 By Vanessa Londono

The affordable housing lottery has launched for 142 Richards Street, a four-story residential building in Red Hook, Brooklyn. Designed by OCV Architects and developed by Cheever Development, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,115 to $167,570.

55 Suffolk Street Reaches Pinnacle Over Manhattan’s Lower East Side

8:00 am on February 16, 2022 By Michael Young

Construction has topped out on 55 Suffolk Street, a 30-story residential building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is the taller in the two-building Broome Street Development complex along with the 16-story The Norfolk Senior Housing Building at 64 Norfolk Street to the west. Both buildings will collectively span 387,223 square feet and yield a total of 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for the two buildings, which are being built between Suffolk and Norfolk Streets.

Rendering of 555 Broadway - ODA Architecture

New Development Team Revealed for 555 Broadway in Williamsburg, Brooklyn

7:00 am on February 15, 2022 By Sebastian Morris

Loketch Group, the Joyland Group, and Meral Property Group have formed a joint venture to begin a new mixed-use project at 555 Broadway in Brooklyn. The address represents a large, wedge-shaped assemblage on the border of South Williamsburg and Broadway Triangle.

Housing Lottery Launches for 1543 Jesup Avenue in Mount Eden, The Bronx

6:30 am on February 15, 2022 By Vanessa Londono

The affordable housing lottery has launched for 1543 Jesup Avenue, a five-story residential building in Mount Eden, The Bronx. Designed by ADB Associates and developed by Lefko Capital Group, the structure yields 21 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 $59,143 to $167,570.

Nevins Street Apartments Nears Completion at 50 Nevins Street in Downtown Brooklyn

7:30 am on February 14, 2022 By Michael Young

Construction is finishing up on The Nevins Street Apartments, a residential building at 50 Nevins Street in Downtown Brooklyn. Designed by Dattner Architects and developed by Institute for Community Living (ICL), the project involved the gut renovation of a 95-year-old eight-story building and the construction of a ten-story volume along Schermerhorn Street that extends over the northeast corner of the original structure’s roof. The 114,000-square-foot property will yield 129 affordable apartments as well as mental health support services for low-income residents. Mega Contracting Group LLC is the general contractor and King Contracting Group built the masonry walls for the addition, which is located at the corner of Nevins and Schermerhorn Streets.

Flatbush Central Caribbean Marketplace Debuts at Caton Flats in Flatbush, Brooklyn

7:00 am on February 14, 2022 By Sebastian Morris

Caton Flats, a new 14-story affordable housing property in Brooklyn, is now the new home of the Flatbush Central Caribbean Marketplace. Located at 2123 Caton Avenue in Flatbush, the marketplace formerly existed as Flatbush Caton Market and was a neighborhood staple for more than 20 years.

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Affordable housing

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