Affordable housing


Lumen LIC Nears Completion at 23-15 44th Road in Long Island City, Queens

Kicking off the top ten on our annual countdown of the tallest buildings under construction in New York is Lumen LIC, a 754-foot-tall residential skyscraper at 23-15 44th Road in Long Island City, Queens. Designed by Hill West Architects and developed by FSA Capital, the 66-story structure will span 855,400 square feet and yield 921 rental units with an average scope of 910 square feet, as well as lower-level office space and 17,400 square feet of ground-floor retail. The residential inventory is planned to include 282 affordable housing units. The property is alternately addressed as 43-30 24th Street and located along 44th Road between 23rd and 24th Streets.

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Tishman Speyer to Begin Work on All-Affordable Residential Community at 160 Van Cortlandt Park South in Kingsbridge, The Bronx

Tishman Speyer’s TS Communities will bring a fully-affordable residential building to 160 Van Cortlandt Park South in Kingsbridge, The Bronx. TS Communities recently announced it has secured financing and will begin construction in January on the eight-story development designed by Aufgang Architects. The development will be built to Enterprise Green sustainable design standards.

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Housing Lottery Launches for Loden at 54 Crown Street in Crown Heights, Brooklyn

The affordable housing lottery has launched for Loden, a 17-story mixed-use building at 54 Crown Street and 131 Montgomery Street in Crown Heights, Brooklyn. Designed by Hill West Architects and developed by Carmel Partners, the structure yields 569 residences. Available on NYC Housing Connect are 143 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $33,875 to $167,700.

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