MENU

Affordable housing

530 Exterior Street, rendering by Dattner Architects

13-Story, 157-Unit Affordable Residential Building Nears Topping Out at 530 Exterior Street, Mott Haven

Construction is now underway on the top floor of the 13-story, 157-unit residential building under development at 530 Exterior Street, in the South Bronx’s Mott Haven section. Progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the building will encompass 151,107 square feet and rise 120 feet to its main roof, not including bulkhead elements. The apartments should average 910 square feet apiece. All of them will rent at below-market rates through the affordable housing lottery. Monadnock Construction is the developer and Dattner Architects is the architect. Completion is anticipated in early 2018, although it appears the project is much ahead of schedule.

Read More

342 Johnston Avenue

Eight-Story, 55-Unit Mixed-Use Building Proposed at 342 Johnston Avenue, Jersey City

RUC Holdings has proposed an eight-story, 55-unit mixed-use building at 342 Johnston Avenue, located on the corner of Whiton Street in the Bergen-Lafayette section of Jersey City. The project will also have ground-floor retail space and 13 off-street parking spaces. There will be 55 apartments, of which 15 percent, or eight units, would be set aside as affordable housing, Jersey Digs reported. It wasn’t disclosed if the market-rate apartments were rentals or condominiums. The corner site is occupied by a small, single-story commercial building. The city’s Planning Board must approve the project for it to proceed.

Read More

847 St. Nicholas Avenue

38-Unit Affordable Mixed-Use Building Planned at 841 St. Nicholas Avenue, Hamilton Heights

Through a deal with the city’s Department of Housing Preservation and Development (HPD), BRP Companies is planning a 38-unit mixed-use building at 841-847 St. Nicholas Avenue, located on the corner of West 152nd Street in Hamilton Heights. The new building will measure 32,470 square feet, DNAinfo reported. All of the project’s apartments will rent at below-market rates through the housing lottery. The Dance Theatre of Harlem will also have studio space on the ground floor. New building applications have not been filed at this time. The vacant, 7,063-square-foot site is located within the Hamilton Heights/Sugar Hill Northwest Historic District, meaning the Landmarks Preservation Commission has to approve the new building.

Read More

Ebenezer Plaza

Developers Seek Rezoning for Multi-Building, 512-Unit Affordable Mixed-Use Project at 110 New Lots Avenue, Brownsville

New details are emerging of the affordable mixed-use project planned at 110 New Lots Avenue, in southern Brownsville. The project was reported to consist of 481 units when plans were first unveiled in October. Developers have now filed applications with the Department of City Planning to rezone the two-block assemblage for a multi-building project, called Ebenezer Plaza, with a total 512 apartments, an increase of 31 units. All of the units would rent at below-market rates.

Read More

550 Washington Street

City Council Approves Five-Building, 1,586-Unit Mixed-Use Project at 550 Washington Street, Hudson Square

Last week, the City Council approved plans for Atlas Capital Group and Westbrook Partners to acquire $100 million worth of air rights from Pier 40, overseen by the Hudson River Park Trust, to develop a 1,586-unit mixed-use complex at 550 Washington Street, in Hudson Square. The project is set to include five towers, the New York Times reported, although their height was not disclosed. Thirty percent of the units, or 475 apartments, will rent at below-market rates through the housing lottery. One of the residential towers will be geared towards “older tenants.” There would also be retail space and a 15,000-square-foot recreation center.

Read More

Fetching more...