The affordable housing lottery has launched for 218 Front Street, a seven-story, two-building residential complex in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect and developed and built by Chess Builders, the structure yields 218 residences. Available on NYC Housing Connect are 66 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $218,010.
The affordable housing lottery has launched for 212 West 124th Street, an 18-story mixed-use building in Harlem, Manhattan. Designed by Body Lawson Associates Architects and Planners and developed by Carthage Real Estate Advisors, the structure yields 330 residences, 3,200 square feet of commercial space, and 7,164 square feet of community facility space. Available on NYC Housing Connect are 117 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $29,555 to $117,390.
The affordable housing lottery has launched for homeownership at Fabric Astoria, a pair of eight-story buildings at 2254 46th Street in Astoria, Queens. Designed by Dattner Architects and developed by Mega Development, the structure yields 64 residences. Available on NYC Housing Connect are four units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $79,869 to $154,080.
The affordable housing lottery has launched for 550 Tenth Avenue, a 47-story mixed-use building in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the structure yields 453 residences, over 20,000 square feet of amenities, 9,000 square feet of retail space, and 26,764 square feet of administrative office space for Covenant House. Available on NYC Housing Connect are 114 units for residents at 70 to 125 percent of the area median income (AMI), ranging in eligible income from $59,280 to $209,625.
New York City Mayor Eric Adams has announced the issuance of executive order 43, which requires city agencies to review their city-owned and controlled land for potential housing development sites. The executive order, which builds off the goals of the “City of Yes for Housing Opportunity” proposal, aims to support the Adams administration’s goal of building 500,000 new homes by 2032 to address the city’s affordable housing shortage.
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