Mayor Bill de Blasio’s administration has selected Jonathan Rose Companies and L+M Development Partners to develop a multi-building, affordable mixed-use project at 1691 Madison Avenue, located on most of the block bound by Park and Madison avenues and East 111th and 112th streets in East Harlem.
A year and a half ago, YIMBY wrote about a pair of affordable rental buildings headed for the rent-stabilized Lafayette Boynton complex in the Soundview section of the South Bronx. Now, Nelson Management Group and L+M Development are breaking ground on the two towers at 1520 and 1530 Story Avenue.
Just over a year ago, city officials and Knicks player Carmelo Anthony stood in the cavernous Bedford Union Armory in Crown Heights and announced plans to redevelop the historic structure into affordable housing, a recreation center, and condos. Last night, City Councilmember Laurie Cumbo revealed that the city wasn’t sure how much federal housing funding it would receive under the Trump administration, and that uncertainty was threatening negotiations over the city budget and affordable housing at the armory.
Non-profit affordable housing developer Phipps Houses has filed applications for a 14-story, 403-unit mixed-use tower at 250 Euclid Avenue, a.k.a. 3301 Atlantic Avenue, in the Cypress Hills section of East New York. The project will encompass 415,476 square feet and rise 143 feet to its roof. There will be 20,977 square feet of ground-floor retail, followed by residential units across floors two through 14, The Real Deal first reported. The apartments should average 936 square feet apiece and will all be designated as affordable.
Bronx-based JCAL Development Group has filed applications for a 15-story, 75-unit mixed-use building at 2395 Frederick Douglass Boulevard, located between West 128th and 129th streets in Harlem. The project will encompass 95,200 square feet and rise 147 feet to its roof, according to the filings. There will be 8,625 square feet of retail space for a ground-floor grocery store, followed by 75 apartments across the second through 15th floors. All of the units, averaging 910 square feet apiece, will rent at below-market rates through the housing lottery.
