Affordable housing

Housing Lottery Launches for The Paxton at 540 Fulton Street in Downtown Brooklyn

The affordable housing lottery has launched for The Paxton, a pair of 43-story mixed-used building at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the structure yields 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail space. Available on NYC Housing Connect are 89 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $50,812 to $215,150.

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Housing Lottery Launches for 2455 Third Avenue in Mott Haven, The Bronx

The affordable housing lottery has launched for 2455 Third Avenue, a 23-story residential building in Mott Haven, The Bronx. Designed by Woods Bagot and developed by Artimus NYC, the structure yields 139 residences. Available on NYC Housing Connect are 80 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $80,572 to $187,330.

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Alloy Block’s 100 Flatbush Avenue Nears Completion in Downtown Brooklyn

Exterior work is nearing completion on 100 Flatbush Avenue, 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. Of these, 45 will be dedicated to affordable housing, developed in conjunction with the Fifth Avenue Committee. The five-building Alloy Block master plan will encompass 850 units with 200 permanently affordable apartments, 100,000 square feet of Class A office space, 50,000 square feet of retail space, 500 parking spaces for bikes, two Passive House public schools designed by Architecture Research Office, and space for a local cultural institution. Urban Atelier Group is the general contractor for the property, which is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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625 Fulton Street Reaches The Halfway Mark in Downtown Brooklyn

Construction has reached the halfway mark on 625 Fulton Street, a 35-story mixed-use tower in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 residential units, 26,000 square feet of retail space, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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Housing Lottery Launches for 1457 Flatbush Avenue in Flatbush, Brooklyn

The affordable housing lottery has launched for 1457 Flatbush Avenue, an eight-story mixed-use building in Flatbush, Brooklyn. Designed by Paul Jensen of Strekte Corp. and developed by Harry Einhorn of Flatbush Tower One LLC, the structure yields 71 residences, 2,689 square feet of commercial space, 8,150 square feet of community facility space, and 25 parking spaces. Available on NYC Housing Connect are 22 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $57,429 to $156,130.

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