Affordable housing

Housing Lottery Launches for Logan Fountain Apartments in Cypress Hills, Brooklyn

7:00 am on December 19, 2024 By Vanessa Londono

The affordable housing lottery has launched for Logan Fountain Apartments, a 13-story residential building at 265 Logan Street in Cypress Hills, Brooklyn. Designed by MHG Architects and developed in collaboration by The Hudson Companies, The Jericho Project, and HELP US, the structure yields 174 residences. Available on NYC Housing Connect are 68 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $36,720 to $134,820.

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Affordable Housing Lottery Launches for 2971 Shell Road in Coney Island, Brooklyn

7:00 am on December 18, 2024 By Vanessa Londono

The affordable housing lottery has launched for The Bay NYC, an eight-story residential building at 2971 Shell Road in Coney Island, Brooklyn. Designed by Zproekt Architecture and developed by Rybak Development and Fouerti Realty, the structure yields 189 residences. Available on NYC Housing Connect are 56 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,400 to $218,010.

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The Brook’s Exterior Nears Completion at 589 Fulton Street in Downtown Brooklyn

8:00 am on December 17, 2024 By Michael Young and Matt Pruznick

At number 15 on our year-end countdown of the tallest construction projects in New York is The Brook, a 601-foot-tall residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 51-story structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Thirty percent of the units will be reserved for affordable housing. The property is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

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Housing Lottery Launches for 250 East 83rd Street on Manhattan’s Upper East Side

6:30 am on December 17, 2024 By Vanessa Londono

The affordable housing lottery has launched for The Delecor, a 31-story residential building at 250 East 83rd Street on the Upper East Side of Manhattan. Designed by SLCE Architects and developed by The Torkian Group, the structure yields 128 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $33,875 – $218,010.

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The Maybury Wraps Up Construction At 550 Tenth Avenue in Hell’s Kitchen, Manhattan

8:00 am on December 15, 2024 By Michael Young

At number 17 on our year-end countdown of the tallest buildings under construction in New York is The Maybury, a 520-foot-tall residential skyscraper wrapping up work at 550 Tenth Avenue in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 47-story structure spans 430,000 square feet and yields 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner of the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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