The affordable housing lottery has launched for 455 Onderdonk Avenue, a five-story residential building in Ridgewood, Queens. Designed by Chang Hwa Tan Architect, the structure yields 16,381 square feet and 15 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $$61,715 to $167,570.
The Department of Housing Preservation and Development (HPD) is now in search of a development partner to accelerate Resilient Edgemere, a major initiative to reinvigorate the Edgemere section of the Rockaways. The primary objective of the plan is to advance development of mixed-use, residential, and affordable housing properties in the community.
The affordable housing lottery has launched for 460 Seneca Avenue, a four-story residential building in Ridgewood, Queens. Designed by P. Georgopoulos Architect, the structure yields 4,982 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 $76,972 to $139,620.
The affordable housing lottery has launched for Austin 147, an 11-story residential building at 880 East 147th Street in Mott Haven, The Bronx. Designed by SLCE Architects and developed by Dunn Development Corp., the structure yields 80 units. Available on NYC Housing Connect are 16 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $23,520 to $103,120.
SMA Equities recently secured a $56 million financing package to complete a new 20-story mixed-use building in Kips Bay, Manhattan. The project is located at 202 East 23rd Street and will eventually yield a mix of income-restricted and market-rate apartments and around 2,400 square feet of lower-level retail.
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