Affordable housing

Render of Willets Point site layout, via willetspointqueens.com

Willets Point Transformation Breaks Ground In Corona, Queens

New York City Mayor Eric Adams, along with other city officials and community partners, celebrated on Wednesday the groundbreaking of the Willets Point transformation in Corona, Queens. The ceremony marked an important step in the city’s largest 100-percent affordable housing development in four decades. The Willets Point project is being developed in partnership with the Queens Development Group, a joint venture between Related Companies and Sterling Equities, and is advancing faster than a year ahead of schedule.

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Housing Lottery Launches for 266 West 96th Street on Manhattan’s Upper West Side

The affordable housing lottery has launched for 266 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the structure yields 171 residences. Available on NYC Housing Connect are 52 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $40,526 to $198,250.

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Housing Lottery Launches for Mount Hope Walton Apartments at 1761 Walton Avenue in Mount Hope, The Bronx

The affordable housing lottery has launched for Mount Hope Walton Apartments, a 14-story mixed-use building at 1761 Walton Avenue in Mount Hope, The Bronx. Developed by Procida Development Group and Mount Hope Housing Corporation and designed by Aufgang Architects, the structure yields 103 income-restricted apartments and a 9,500-square-foot community gymnasium. Available on NYC Housing Connect are 86 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $24,515 to $140,080.

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The Brook Begins Ascent at 589 Fulton Street in Downtown Brooklyn

At number 12 on our year-end countdown of the tallest buildings under construction in New York is The Brook, a 575-foot-tall residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 51-story structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, with 30 percent of the inventory reserved for affordable housing, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the project, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

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