Affordable housing

Rendering of The Abbey On The Park, courtesy of the Kearney Realty & Development Group

Yonkers IDA Approves The Abbey On The Park Affordable Development at 21-23 Park Avenue In Yonkers

7:30 am on May 11, 2024 By Max Gillespie

The Yonkers IDA has voted preliminary approval for The Abbey on the Park, a new affordable housing development in Yonkers. The Abbey on the Park will consist of two existing historic buildings, the Ethan Flagg House and the Blessed Sacrament Monastery, in addition to one new building. The project, which is being led by the Kearney Realty & Development Group, will be located at 21-23 Park Avenue in Yonkers.

Housing Lottery Launches for 676 Myrtle Avenue in Bed-Stuy, Brooklyn

6:30 am on May 11, 2024 By Vanessa Londono

The affordable housing lottery has launched for 676 Myrtle Avenue, a six-story mixed-use building in Bedford Stuyvesant, Brooklyn. Designed by ND Architecture & Design and developed by Joel Werczberger of Watermark, the structure yields 20 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $120,000 to $218,010.

Housing Lottery Launches for 12-22 Astoria Boulevard in Astoria, Queens

6:30 am on May 10, 2024 By Vanessa Londono

The affordable housing lottery has launched for 12-22 Astoria Boulevard, a five-story mixed-use building in Astoria, Queens. Designed by Angelo Ng + Anthony Ng Architect and developed by Brett Harris of AKI Development, the structure yields 10 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 $96,000 to $218,010.

Exterior Work Continues on 585 Union Street in Gowanus, Brooklyn

8:00 am on May 9, 2024 By Michael Young

Exterior work is progressing on 585 Union Street, a nine-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros Capital, Charney Companies, and Canyon Partners, the 95-foot-tall structure will span 167,000 square feet and yield 214 rental units in studio to three-bedroom layouts, with 25 percent designated as affordable housing, as well as 8,900 square feet of ground-floor commercial space. The property is bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east.

Rendering of 632-636 South Broadway, courtesy of Thompson & Bender

Yonkers IDA Preliminarily Approves Incentives For The Parker at 632-636 South Broadway in Yonkers

7:30 am on May 9, 2024 By Max Gillespie

The Yonkers IDA has issued preliminary approval for financial incentives for The Parker, a 16-story affordable housing project at 632-636 South Broadway in Yonkers. The $116.2 million project is part of a $174.5 million investment initiative that includes another affordable development, The Abbey on the Park, which will be located at 21-23 Park Avenue. Collectively, both projects are expected to create 410 construction jobs and add 242 new residential units to the local market.

Housing Lottery Launches for Andrews Avenue South Senior Residence in Morris Heights, The Bronx

7:00 am on May 9, 2024 By Vanessa Londono

The affordable housing lottery has launched for Andrews Avenue South Senior Residence, a nine-story mixed-use building at 1746 Andrews Avenue in Morris Heights, The Bronx.

Permits Filed for 88-49 163rd Street in Jamaica, Queens

7:00 am on May 8, 2024 By Vanessa Londono

Permits have been filed for an eight-story community facility building at 88-49 163rd Street in Jamaica, Queens. Located between 89th Avenue and Hillside Avenue, the lot is near the Parsons Boulevard subway station, serviced by the E and F trains. Larry Grubler of Transitional Services for New York is listed under the Building 163 SC HDFC as the owner behind the applications.

Housing Lottery Launches for 3633 Kingsbridge Avenue in Kingsbridge, The Bronx

6:30 am on May 8, 2024 By Vanessa Londono

The affordable housing lottery has launched for 3633 Kingsbridge Avenue, a three-story mixed-use building in Kingsbridge, The Bronx. Designed by Stoa Design Studio and developed by Costa Ioannou, the structure yields nine 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 $109,715 to $181,740.

Beach Channel Drive Apartments at 13-12 Beach Channel Drive - Courtesy of UAI

Beach Channel Apartments Nears Completion at 13-12 Beach Channel Drive in Far Rockaway, Queens

7:30 am on May 7, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on Beach Channel Apartments, an eight-story affordable housing building at 13-12 Beach Channel Drive in Far Rockaway, Queens. Designed by Urban Architecture Initiatives (UAI) and developed by BRC and Camber Property Group, the structure is set to yield 147 affordable units and 100 shelter units with supportive services, as well as residential amenities and a 1,239-square-foot community facility on the ground floor. The property is located on an interior lot between Beach Channel Drive and Redfern Avenue.

Render of 1515 Surf Avenue, courtesy of LCOR

1515 Surf Avenue Nears Completion in Coney Island, Brooklyn

8:00 am on May 6, 2024 By Michael Young

Construction is nearing completion on 1515 Surf Avenue, a two-tower residential project along the Coney Island waterfront in Brooklyn. Designed by Studio V Architecture and developed by LCOR, the 16- and 26-story structures will span 470,000 square feet and yield 324 units in one- and two-bedroom layouts, with 139 apartments designated for affordable housing, as well as 10,600 square feet of ground-floor retail space. The property is located on a 1.5-acre plot bound by Surf Avenue to the south, West 15th Street to the east, and West 16th Street to the west.

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Affordable housing

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