Affordable housing

Mixed-Use Balton Commons Brings Affordable Housing to 267 West 126th Street in Harlem

6:30 am on December 22, 2020 By Vanessa Londono

Last week, private equity real estate fund manager Red Stone Equity Partners celebrated the closing of financing for Balton Commons, a $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem, Manhattan. Developed in partnership with Lemor Development Group and Apex Building Group, the seven-story building will have 4,500 square feet of tech incubator space managed by non-profit Silicon Harlem, 1,200 square feet of ground-floor commercial space, 1,350 square feet of community facility space, and 37 residential units dedicated to mixed-income affordable housing for residents between 30 and 90 percent of the area median income.

Construction Imminent on Melrose North, an Affordable Housing Development in Morrisania

6:30 am on December 21, 2020 By Vanessa Londono

Construction is expected to begin in January on Melrose North, a residential development that will bring 171 units of supportive and affordable housing to 925 Courtlandt Avenue in South Bronx’s Morrisania neighborhood. In a partnership between developer Bronx Pro Group and the New York City Housing Authority (NYCHA), the $92 million project will be built on a vacant NYCHA waste facility site.

HPD Awards $13.6 Million in Tax Credits for 583 Affordable Housing Units

7:00 am on December 19, 2020 By Vanessa Londono

This week the city’s Department of Housing Preservation and Development (HPD) announced $13.6 million in housing tax credits was awarded to seven developments. These projects will be responsible for creating and preserving 583 affordable units throughout the city.

Housing Lottery Launches for Uptown 6 in West Harlem, Manhattan

7:00 am on December 18, 2020 By Vanessa Londono

The affordable housing lottery is now open for Uptown 6, a collection of 32 renovated rental units in across several buildings including 118 West 139th Street, 123 West 112nd Street, 30 West 132nd Street, 281 West 118th Street, 120 West 139th Street, and 122 West 139th Street in Manhattan’s West Harlem neighborhood. Available on NYC Housing Connect are a mix of studios, one-, two-, three-, and four-bedroom units for residents at 80 percent of the area median income, ranging in eligible income from $48,480 to $120,080.

Permits Filed for 306 Pennsylvania Avenue in East New York, Brooklyn

7:00 am on December 17, 2020 By Vanessa Londono

Permits have been filed for a seven-story affordable housing building at 306 Pennsylvania Avenue in East New York, Brooklyn. Located between Belmont Avenue and Sutter Avenue, the interior lot is three blocks north of the Pennsylvania Avenue subway station, serviced by the 2, 3, and 4 trains. NYC Department of Housing Preservation and Development is listed as the owner behind the applications.

544 West 163rd Street in Washington Heights

Housing Lottery Launches for HDFC Co-Ops in Washington Heights, Manhattan

7:00 am on December 16, 2020 By Vanessa Londono

The affordable housing lottery is now open for HDFC Co-Ops, two recently renovated cooperative developments at 518 West 161st Street and 544 West 163rd Street in Manhattan’s Washington Heights neighborhood. The six-story structure with 24 units at 518 West 161st Street is designed by RKTB Architects and developed by the city’s Department of Housing Preservation and Development. 544 West 163rd Street is a five-story building with 20 units, developed by Restoring Communities Housing Development Fund. Available on NYC Housing Connect are 18 units for residents at 110 percent of the area median income, ranging in eligible income from $67,693 to $155,100.

Aerial render of Queens Plaza Park looking west towards Manhattan, from The Durst Organization

Sven’s Glass Façade Nears Completion at 29-37 41st Avenue in Long Island City, Queens

8:00 am on December 15, 2020 By Michael Young

Curtain wall work is nearing completion on Queens Plaza Park, aka Sven, a 762-foot-tall skyscraper at 29-37 41st Avenue in Long Island City and number 17 on our countdown of the tallest projects underway in the city. Designed by Handel Architects for The Durst Organization, the 67-story project is the second-tallest structure in Queens and will yield 978,000 square feet of mixed-use space. Selldorf Architects is serving as the interior designer, Hunter Roberts as the general contractor, and Jaros, Baum & Bolles Engineering is handling the required mechanical systems. The project is aiming for LEED certification.

Rendering of Tiffany Court Plaza / 980 Westchester Avenue - GF55 Partners

Affordable Housing Development Tops Out at 980 Westchester Avenue in Foxhurst, The Bronx

7:00 am on December 14, 2020 By Vanessa Londono

Tiffany Court Plaza, a mixed-use building with permanent affordable and supportive housing, recently topped out in Foxhurst, The Bronx. Located at 980 Westchester Avenue, the seven-story, 155,798-square-foot structure is designed by GF55 Partners and developed by The Doe Fund and Bolivar Development.

$2 Billion Flushing Waterfront District Development Gets Green Light

6:30 am on December 13, 2020 By Vanessa Londono

Last week, the New York City Council approved a Flushing waterfront development set to cost $2 billion. The massive mixed-use project, which includes housing, commercial retail and office space, and hotel lodging, is being developed by a joint partnership between United Construction & Development Group, F&T Group, and Young Nian Group. The master plan, designed by Hill West Architects, will develop 29 acres of land bound by Flushing Creek, Northern Boulevard, College Point Boulevard, and Roosevelt Avenue, as well as upgrade the neighborhood’s public waterfront access.

Housing Lottery Launches for 1230 Metcalf Avenue in Soundview, The Bronx

7:00 am on December 12, 2020 By Vanessa Londono

The affordable housing lottery is now open for Metcalf Avenue Apartments, a 12-story mixed-use development at 1230 Metcalf Avenue in Soundview, The Bronx. The 219,546-square-foot corner building is designed by Dattner Architects and co-developed by The Acacia Network and Phipps Houses and will yield a total 249 units in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are 223 apartments for residents at 30 to 110 percent of the area median income, ranging in eligible income from $14,640 to $155,100.

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Affordable housing

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