Affordable housing


520 West 55th Street

NYCHA Proposes Up to 250 Affordable Residential Units at Harborview Terrace, 520 West 55th Street, Hell’s Kitchen

The New York City Housing Authority (NYCHA) is reviving plans for an affordable residential building at the Harborview Terrace public housing complex at 520 West 55th Street, in Hell’s Kitchen. The new building, to rise on a parking lot next to the complex’s northern tower, would contain between 200 and 250 affordable apartments, DNAinfo reported. The city is scheduled to launch a request for expression of interest (RFEI) this spring after hosting meetings where the community can offer input. The selected development team would ground-lease the property for 99 years. Construction is projected to begin in 2019.

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533 Mercer Street

16-Story, 300-Unit Mixed-Use Building Planned at 533 Mercer Street, Jersey City

Sequoia Development Group and GRID Real Estate are planning a 16-story, 300-unit mixed-use building at 533 Mercer Street, located on the corner of Jordan Avenue in the McGinley Square section of Jersey City. Dubbed 289 Jordan, it would include apartments ranging from studios to three-bedrooms, of which 56 units, or roughly 19 percent, would be designated as affordable. There would also be 4,000 square feet of retail space on the ground floor, Jersey Digs reported. Marchetto Higgins Stieve Architects is responsible for the design. Before the as-of-right project can rise, a collection of single- to three-story mixed-use structures must first be demolished.

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