Affordable housing

Housing Lottery Launches for Park Lane Senior Apartments at 1940 Turnbull Avenue in Soundview, The Bronx

7:00 am on August 7, 2024 By Vanessa Londono

The affordable housing lottery has launched for Park Lane Senior Apartments, a 14-story mixed-use building at 1940 Turnbull Avenue in Soundview, The Bronx. Designed by Aufgang Architects and developed by Asland Capital Partners and Pembroke Residential Holdings, the structure yields 154 residences. Available on NYC Housing Connect are 53 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $62,150.

11 Garden Street, via westchestergov.com

Highgarden Tower Completes Construction at 11 Garden Street In New Rochelle, Westchester County

7:00 am on August 5, 2024 By Max Gillespie

Governor Kathy Hochul and project stakeholders celebrated the completion of Highgarden Tower, a 219-unit affordable apartment building at 11 Garden Street in New Rochelle, Westchester County. Developed by Georgica Green Ventures, LLC, the $135 million development is located directly adjacent to the New Rochelle train station and Bee-Line bus stop.

380 4th Avenue’s Exterior Takes Shape in Gowanus, Brooklyn

7:30 am on August 4, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on 380 4th Avenue, a 17-story residential building in Gowanus, Brooklyn. Designed by GF55 Architects and developed by Quinlan Development Group LLC, the 175-foot-tall structure will span 211,650 square feet and yield 197 rental units with an average scope of 830 square feet, as well as 6,030 square feet of ground-floor commercial space, a cellar level, a 40-foot-long rear yard, and 30 enclosed parking spaces. Fifty of the units will be designated as affordable housing. The $78 million project is located between 3rd and 6th Streets.

Affordable Housing Lottery Launches for 18-26 Redfern Avenue in Far Rockaway , Queens

7:00 am on August 3, 2024 By Vanessa Londono

The affordable housing lottery has launched for 18-26 Redfern Avenue, an eight-story mixed-use building in Far Rockaway, Queens. Developed by Camber Property Group and designed by Urban Architectural Initiatives, the structure yields 59 residences. Available on NYC Housing Connect are 58 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $48,309 to $100,620.

Rendering of 544 Carroll Street - Courtesy of Avery Hall

544 Carroll Street Tops Out in Gowanus, Brooklyn

8:00 am on August 2, 2024 By Michael Young

Construction has topped out on 544 Carroll Street, a 17-story residential building on the eastern edge of Gowanus, Brooklyn. Designed and developed by Avery Hall with L+Z Architecture as the architect of record, the 175,000-square-foot structure will yield 133 rental units with 25 percent designated as affordable housing, as well as 6,000 square feet of ground-floor retail space. The property is alternately addressed as 272 Fourth Avenue and bound by Carroll Street to the north and 4th Avenue to the east. The project is expected to cost between $90 and $120 million.

Housing Lottery Launches for 300 East 83rd Street on the Upper East Side of Manhattan

7:00 am on August 2, 2024 By Vanessa Londono

The affordable housing lottery has launched for 300 East 83rd Street, a 22-story residential building on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Lalezarian Properties, the structure yields 70 residences. Available on NYC Housing Connect are 28 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $59,280 to $218,010.

Façade Installation Progresses On 164 4th Avenue in Gowanus, Brooklyn

8:00 am on August 1, 2024 By Michael Young

Façade installation is progressing on 164 4th Avenue, a 17-story residential building in Gowanus, Brooklyn. Designed by SBLM Architects and developed by JLL Capital Markets, the 142,000-square-foot structure will yield 160 rental apartments with 30 percent designated as affordable housing, as well as 12,391 square feet of ground-floor commercial space. The 13,840-square-foot site was formerly occupied by a gas station and is located at the corner of 4th Avenue and Douglass Street.

Rending of 2868 Webster Avenue. Credit: Stephen B. Jacobs Group

Construction Financing Secured For 2868 Webster Avenue In Bedford Park, The Bronx

7:30 am on August 1, 2024 By Max Gillespie

The New York City Housing Development Corporation, The New York City Department of Housing Preservation and Development, and Douglaston Development have announced the closing of construction financing for 2868 Webster Avenue, a 12-story, 277-unit affordable housing building in Bedford Park, The Bronx. The 250,000-square-foot project is the second phase of a two-phase affordable development following 2850 Webster Avenue, a 188-unit senior housing structure that opened in fall 2023.

Housing Lottery Launches for The Clairemont at 26-04 Jackson Ave in Long Island City, Queens

7:00 am on August 1, 2024 By Vanessa Londono

The affordable housing lottery has launched for The Clairemont, a 14-story mixed-use building at 26-04 Jackson Ave in Long Island City, Queens. Designed by Kao Hwa Lee Architects and developed by CW Realty, the structure yields 82 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,875 to $218,010.

Façade Installation Continues on 625 Fulton Street in Downtown Brooklyn

8:00 am on July 31, 2024 By Michael Young

Façade installation is progressing on 625 Fulton Street, a 35-story mixed-use skyscraper in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 rental units, 26,000 square feet of retail space on the lower levels, and an on-site parking garage for 250 vehicles. The property is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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Affordable housing

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