The affordable housing lottery has launched for 3745 Riverdale Avenue, an 18-story mixed-use building in Riverdale, The Bronx. Designed by Newman Design Group and developed by Stagg Group, the structure yields 89 residences. Available on NYC Housing Connect are 27 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $92,572 to $198,250.
Construction is closing in on the parapet of 25-01 Queens Plaza North, a 26-story residential building in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, which purchased the property for $63 million in 2021, the 311-foot-tall structure will yield 417 rental units with 124 reserved for affordable housing, as well as 7,600 square feet of ground-floor retail space. 25-01 QPN Consigli Construction is the general contractor, Custom Metalcrafters is supplying the glass façade, DeSimone Consulting Engineering provided structural engineering and facade consulting services, and King Contracting Group will be responsible for installing nearly 125,000 square feet of bricks and CMU blocks for the project, which is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station servicing the 7, N, and W trains.
The affordable housing lottery has launched for 42-61 Saull Street, a six-story residential building in Flushing, Queens. Designed by Raymond Chan Architect and developed by Xiong Lin under the J&L 168 LLC, the structure yields 13 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 $75,429 to $198,250.
Renderings have been revealed for a redesign of Affirmation Tower, a proposed mixed-use supertall skyscraper at 418 Eleventh Avenue in Hudson Yards. The development team of The Peebles Corporation, McKissack & McKissack, Exact Capital Group, and the Witkoff Group has brought on OMA to redesign the 1.4-million-square-foot structure, which is planned to yield mixed-income apartments, a convention center, retail space, community facilities, a public observation deck, and The National Civil Rights Museum as part of a collaboration with the NAACP. The project would rise from a 1.2-acre plot dubbed “Site K” bound by Eleventh Avenue, Hudson Boulevard West, and West 35th and 36th Streets.
New York City Mayor Eric Adams recently unveiled a zoning proposal to enable faith-based organizations and other mission-driven nonprofits to construct affordable housing in New York City. The plan, which is part of the “City of Yes for Housing Opportunity” initiative, seeks to address the city’s housing crisis by making it easier to build new homes in every neighborhood.
