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Affordable housing

Sendero. Courtesy of L+M Development Partners

Phase One of the 100% Affordable Housing Development Sendero Verde Tops Out in Harlem

The first phase of Sendero Verde, a 100-percent affordable housing development, has topped out in East Harlem. L+M Development Partners, Jonathan Rose Companies, Acacia Network are developing the project which will bring 360 units of affordable housing and one superintendent’s unit spread in phase one across two buildings, the 15-story B-North and the ten-story B-South. It also includes space for a school with a full gymnasium, community facility space for Union Settlement Association, and an 18,000-square-foot public courtyard with a children’s play area, outdoor exercise equipment for adults, seating areas, and a stage for community events. Phase one of is designed by Handel Architects.

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Rendering of Dayspring Commons in Yonkers

Affordable Housing Development Dayspring Commons Tops Off in Yonkers

Westchester’s nonprofit developer Westhab recently topped off their latest project Dayspring Commons at 227 Elm Street in Yonkers. Located in the Nodine Hill neighborhood, the 65-unit residential building will offer affordable and supportive housing to the area. Last week a small gathering that included Yonkers mayor Mike Spano and Westhab president and CEO Rich Nightingale marked the completion of the Dayspring Commons edifice.

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Affordable Housing Lottery Launches for 45-57 Davis Street in Long Island City, Queens

The affordable housing lottery is now open for 45-57 Davis Street, a nine-story mixed-use development in Long Island City, Queens. Designed by J Frankl/Charles Mallea and developed by Solomon Feder of Velocity Framers USA, the 145,000-square-foot will yield a total 158 units in a mix of studios and one-, two-, and three-bedroom units. Available on NYC Housing Connect are 48 apartments for residents at 130 percent of the area median income, ranging in eligible income from $73,920 to $183,300.

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Rendering of 178 Warburton at The Ridgeway - SLCE Architects

Affordable Housing Developers Granted $7.85M in Financing to Complete 178 Warburton at The Ridgeway in Yonkers

Developers behind a new eight-story affordable housing building in Yonkers recently secured more than $7.85 million in construction financing to complete the project. Known as 178 Warburton at The Ridgeway, the development will contain 81 mixed-income rental apartments for households between 30 percent and 90 percent of the area median income.

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