Affordable housing

Housing Lottery Launches for Vista65 at 97-12 65th Road in Rego Park, Queens

The affordable housing lottery has launched for Vista65, a 22-story mixed-use building at 97-12 65th Road in Rego Park, Queens. Designed by SLCE Architects and developed by RB Realty Capital, the structure yields 186 residences, 53,000 square feet of retail, 41,000 square feet of community facility space, and an 82,000-square-foot parking garage. Available on NYC Housing Connect are 56 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $198,250.

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Housing Lottery Launches for 318-322 East 32nd Street in East Flatbush, Brooklyn

The affordable housing lottery has launched for 318-322 East 32nd Street, a four-story residential building in East Flatbush, Brooklyn. Designed by Sander Williams Architect, the structure yields six residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,400 to $227,630.

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Foundations Progress For Two-Tower Development at 1 Java Street in Greenpoint, Brooklyn

At number 27 on our annual construction countdown is 1 Java Street, a two-tower residential development along the East River in Greenpoint, Brooklyn. Designed by Marvel Architects and developed and built by Lendlease, which secured a $360 million construction loan at the end of 2022, the project will yield 834 rental units across the two structures, the taller of which will stand 37 stories and 402 feet tall. Aware Super is the joint developer, INC Architecture & Design is the interior designer for the public areas, and Crème is the interior designer for the townhouse units at the complex, which is alternately addressed as 18 India Street and occupies a full block bound by India Street to the north, Java Street to the south, West Street to the east, and the India Street pier over the East River to the west.

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Rendering of Crescent Manor Ossining, courtesy of Thompson & Bender

Westchester IDA Grants Incentives Approval for Senior Housing Project at 136-140 Croton Avenue In Ossining

The Westchester County Industrial Development Agency has given its final approval for financial incentives to support the construction of a $44.5 million affordable housing project designed exclusively for seniors aged 62 and older. The project, called Crescent Manor Ossining, will occupy a currently vacant site located at 136-140 Croton Avenue in Ossining.

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Phase Two of The Peninsula Affordable Housing Complex Breaks Ground in Hunts Point, The Bronx

Last week, development partners Hudson Companies, Gilbane Development Company, and MHANY Management Inc. celebrated the groundbreaking of Phase Two of The Peninsula in Hunts Point, The Bronx at the site of the former Spofford Juvenile Detention Center. The two-building development will offer 100-percent affordable housing, as well as commercial, community facility, and open space.

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