Today’s housing lottery round-up features three buildings in Queens and The Bronx with available affordable units on Housing Connect with deadlines closing within the next seven days.
Affordable housing developer Wilder Balter recently purchased a historic YMCA building in Tarrytown. The 41,537-square-foot, four-story structure at 62 Main Street was originally constructed in 1928 and has had numerous additions since then. RM Friedland, which brokered the deal, announced the $6.45 million sale and the developer’s intention to preserve the masonry façade, while turning it into 109 affordable housing units and 100 parking spaces for local merchants.
The affordable housing lottery has launched for 188 Humboldt Street, a seven-story residential building in Williamsburg, Brooklyn. The 58,754-square-foot development was designed by Charles Mallea and yields 55 units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,606 to $167,570.
The affordable housing lottery has launched for 577 3rd Avenue, a seven-story residential building in Gowanus, Brooklyn. The 24,826-square-foot development was designed by Christopher Teeter and yields 20 units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,715 to $167,570.
Façade work is nearing completion on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the structure will become the first supportive housing development by Covenant House in nearly 50 years, with help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services. The 80,290-square-foot property is located between Eighth and Ninth Avenues and will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project is expected to cost $128 million.
