The affordable housing lottery has launched for 2741 Fulton Street, a four-story residential development in Cypress Hills, Brooklyn. Designed by Diego Aguilera Architects and developed by Aron Schwartz, the building yields 11,233 square feet. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,000 to $167,570.
The affordable housing lottery has launched for 58 Palmetto Street, a six-story residential development in Bushwick, Brooklyn. Designed by Walter J. Hollien Architects and developed by South Side Units, the building yields 25,880 square feet. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $167,570.
Tenants are expected to begin moving in this week at 1325 Jerome Avenue, a new affordable and supportive housing building in The Bronx’s Mount Eden. The Doe Fund has received a Temporary Certificate of Occupancy for its largest residential development, which will serve the formerly homeless and local individuals and families from the NYCHA waitlist.
The affordable housing lottery has launched for 420 Gates Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Z Architecture and developed by Tower Real Estate Investments, the six-story mixed-use building yields 44 residential units. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $167,570.
Construction has topped out on 540 Waverly Avenue, a nine-story mixed-use building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by The Daten Group, the 117,000-square-foot structure will yield 135 rental apartments spread across 91,000 square feet, including 40 units reserved for affordable housing, as well 6,000 square feet of ground-floor retail and a 56-vehicle parking garage. The property is located at the corner of Atlantic and Waverly Avenues.
