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Affordable housing

Housing Lottery Launches for 825 Dekalb Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 825 Dekalb Avenue, a seven-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by ARC Architecture + Design Studio and developed by Tomer Erlich, the structure yields 39 residences, 7,860 square feet of commercial space, and 20 open parking spaces. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $139,620.

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Rendering of 250 Water Street - The Howard Hughes Corporation; SOM

Howard Hughes Corporation Awarded Final Approvals to Construct 250 Water Street in South Street Seaport, Manhattan

The Howard Hughes Corporation has received necessary approvals to construct a new 26-story mixed use development at 250 Water Street in South Street Seaport, Manhattan. Designed by Skidmore, Owings & Merrill (SOM), the tower will comprise a mix of market-rate and affordable rental apartments, an office component, retail space, and community facilities.

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Housing Lottery Launches for Peninsula Building 1B in Hunts Point, The Bronx

The affordable housing lottery has launched for Peninsula Building 1B, a 14-story mixed-use building at 720 Tiffany Street in Hunts Point, The Bronx. Designed by WXY Architecture + Urban Design and developed jointly by Gilbane Development Company, Hudson Companies, and the Mutual Housing Association of New York, the structure is the first of four new developments bringing 740 affordable units to the area. Available on NYC Housing Connect are 164 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,772 to $118,400.

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