Affordable housing

The Alloy Block Wraps Up Construction At 505 State Street in Downtown, Brooklyn

8:00 am on April 16, 2024 By Michael Young and Matt Pruznick

Work is wrapping up on 505 State Street, a 44-story residential tower in the Alloy Block complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall, fully electric-powered structure will yield 441 rental units, with 45 dedicated to affordable housing developed in conjunction with the Fifth Avenue Committee. The Alloy Block master plan will offer 50,000 square feet of retail space, space for a local cultural institution, 500 bicycle parking spaces, and two schools: the Khalil Gibran International Academy High School (KGIA) at 380 Schermerhorn Street designed by Architecture Research Office, and an elementary school at 489 State Street. Urban Atelier Group is the general contractor for the property, which was formerly addressed as 100 Flatbush Avenue and is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

CPC One Opens at 45 Suffolk Street on Manhattan’s Lower East Side

7:00 am on April 16, 2024 By Max Gillespie

The Chinese-American Planning Council, Gotham Organization, and city and state leaders celebrated the grand opening of CPC One, a mixed-use development located at 45 Suffolk Street on the Lower East Side of Manhattan.

Housing Lottery Launches for 45 Lenox Road in Flatbush, Brooklyn

6:30 am on April 16, 2024 By Vanessa Londono

The affordable housing lottery has launched for 45 Lenox Road, an eight-story mixed-use building in Flatbush, Brooklyn. Designed by Studio Gallos and developed by Bluejay Management, the structure yields 43 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $198,250.

Exterior Work Progresses on Society Brooklyn and Sackett Place in Gowanus, Brooklyn

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

Construction is progressing on Society Brooklyn and Sackett Place, a pair of 21-story residential buildings at 267 Bond Street and 498 Sackett Street in Gowanus, Brooklyn. Designed by SLCE Architects and developed by Property Markets Group, which acquired both plots for $9 million in 2021, the complex will span 594,000 square feet and yield 517 residential units and 52,000 square feet of commercial space. Urban Atelier Group is the general contractor for the project, which is bound by DeGraw Street to the north, Sackett Street to the south, the Gowanus Canal to the east, and Bond Street to the west.

1015 Atlantic Avenue Completes Construction in Clinton Hill, Brooklyn

7:30 am on April 15, 2024 By Michael Young

Construction is complete on 1015 Atlantic Avenue, a seven-story mixed-use building in Clinton Hill, Brooklyn. Designed by Tecnico Engineering and developed by Solomon Feder, the structure yields 38 units with 12 dedicated to affordable housing, as well as 9,000 square feet of commercial space. Rennit is in charge of leasing for the 5,200-square-foot ground-level and 3,800-square-foot cellar commercial spaces, and Empire Management served as the general contractor for the property, which is alternately addressed as 580 Classon Avenue and situated at the corner of Atlantic and Classon Avenues.

Foundations Underway At 320 and 340 Nevins Street in Gowanus, Brooklyn

8:00 am on April 14, 2024 By Michael Young and Matt Pruznick

Excavation and foundations are progressing at 320 and 340 Nevins Street, the site of a two-tower residential project in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Charney Companies and Tavros Capital, the 600,000-square-foot complex will yield 654 rental units with 25 percent designated as affordable housing, as well as ground-floor retail space and a public waterfront esplanade designed by James Corner Field Operations. Broadway Construction Group is the general contractor for the 2.3-acre full-block property, which is alternately addressed as 417 Carroll Street and bound by Union Street to the north, Carroll Street to the south, Nevins Street to the east, the Gowanus Canal to the west.

Housing Lottery Launches for 194 Buffalo Avenue in Crown Heights, Brooklyn

6:30 am on April 14, 2024 By Vanessa Londono

The affordable housing lottery has launched for 194 Buffalo Avenue, a four-story residential building in Crown Heights, Brooklyn. Designed by Wu Woody Chen of Infocus and developed by Hagai Laniado, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,400 to $165,230.

Housing Lottery Launches for 1 Park Point at 11 Ocean Parkway in Windsor Terrace, Brooklyn

7:00 am on April 13, 2024 By Vanessa Londono

The affordable housing lottery has launched for 1 Park Point, a 13-story residential building at 11 Ocean Parkway in Windsor Terrace, Brooklyn. Designed by FXCollaborative with interiors by INC Architecture & Design and developed by JEMB Realty, the structure yields 375 residences. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $33,806 to $152,500.

Rendering of 307 Bergen Avenue, courtesy of Garden State Community Development Corporation

Construction Begins At 307 Bergen Avenue In Greenville, Jersey City

7:30 am on April 12, 2024 By Max Gillespie

The Garden State Community Development Corporation, working alongside the Wells Fargo Foundation and local developer Cara Squared LLC, announced the commencement of construction on 307 Bergen Avenue, a $6.3 million housing development in Jersey City’s Greenville neighborhood. The project, which was designed by Inglese Architecture & Engineering, aims to convert a former parking lot into a 12-unit residential condominium complex, intended specifically for low-income families earning 70 percent or less of the area median income.

Affordable Housing Lottery Launches for 60 Cedar Street in Bushwick, Brooklyn

7:00 am on April 12, 2024 By Vanessa Londono

The affordable housing lottery has launched for 60 Cedar Street, an 18-story mixed-use building in Bushwick, Brooklyn. Designed by S. Wieder Architects and developed by Louis Handler of BTE, the structure yields 145 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $198,250.

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Affordable housing

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