Affordable housing

2741 Fulton Street

Housing Lottery Launches for 2741 and 2746 Fulton Street in Cypress Hills, Brooklyn

6:30 am on January 19, 2021 By Vanessa Londono

The affordable housing lottery is open for Fulton Street Apartments, two four-story mixed-use buildings developed by Aron Schwartz in Cypress Hills, Brooklyn. 2741 Fulton Street is designed by Diego Aguilera Architects. The ten-unit building will yield 11,233 square feet with three units designated as affordable housing. Available on NYC Housing Connect is a one-bedroom and two two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $66,858 to $159,640. 2746 Fulton Street is designed by Studio Gallos. The nine-unit building will yield 9,409 square feet with one unit designated as affordable housing. Available on NYC Housing Connect is one two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $82,286 to $159,640.

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Affordable Senior Housing Coming to 31-07 31st Street in Astoria, Queens

6:30 am on January 17, 2021 By Vanessa Londono

A new mixed-use development with 100 percent affordable senior housing will be built at 31-07 31st Street in Astoria, Queens. Development team HANAC and Mega Development were chosen by the city’s Department of Housing Preservation and Development to bring 135 affordable senior homes, a community center, and commercial space to the city-owned site. The proposal is part of HPD’s Seniors First initiative, with a goal to serve 30,000 senior households by 2026.

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Rendering of the new Penn Station - Office of Governor Andrew M Cuomo

Governor Andrew Cuomo Announces 2021 Agenda to Improve New York State Infrastructure

8:00 am on January 16, 2021 By Sebastian Morris

Governor Andrew Cuomo this week unveiled a multi-billion dollar initiative to revitalize and rebuild infrastructure across New York State. Entitled “Reimagine | Rebuild | Renew,” the 2021 agenda is touted as the largest state infrastructure plan in the country and sets in motion the improvement of state roadways, public transportation, airports, and large swaths of Midtown, Manhattan.

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261 E. 202nd Street, courtesy of Aufgang Architects

Affordable Housing Secures Financing At 261 East 202nd and 270 East 203rd Streets in Bedford Park, The Bronx

7:00 am on January 16, 2021 By Vanessa Londono

This week New York State Homes and Community Renewal, New York City Department of Housing Preservation and Development, and developer CAMBA Housing Ventures, an affiliate of CAMBA, Inc. announced the closing of construction financing to the tune of $164 million for an affordable and supportive housing development in Bedford Park, The Bronx. Located at 261 East 202nd Street and 270 East 203rd Street, the two 11-story buildings will be known as CHV 202nd and 203rd Street, and offer 323 residential units and supportive services to the formerly homelessness and seniors. Aufgang Architects is designing the project.

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