Affordable housing

Render of Utica Crescent Apartments, by Bernheimer Architecture

Developers Secure $256 Million for Utica Crescent Affordable Apartments In East Flatbush, Brooklyn

7:30 am on December 30, 2023 By Max Gillespie

Monadnock Development, CB Emmanuel Realty, and Equity Developers have announced the closing of a $256 million financing deal for the Utica Crescent Apartments project in East Flatbush, Brooklyn. This development, part of New York State’s Division of Housing and Community Renewal Vital Brooklyn Initiative, is set to transform an underutilized parking lot at 832 Rutland Road into a hub that offers affordable housing and commercial spaces and community spaces.

Housing Lottery Launches for 906 East New York Avenue in East Flatbush, Brooklyn

7:00 am on December 30, 2023 By Vanessa Londono

The affordable housing lottery has launched for 906 East New York Avenue, an eight-story mixed-use building in East Flatbush, Brooklyn. Designed by RSLN Architecture, MEP systems engineered by RAAD, and developed by Abeco Organization, the structure yields 48 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,738 to $198,250.

Housing Lottery Launches for 673 Hart Street in Bushwick, Brooklyn

7:00 am on December 29, 2023 By Vanessa Londono

The affordable housing lottery has launched for 673 Hart Street, a five-story residential building in Bushwick, Brooklyn. Designed by Fang Architect and developed by Louis Yeung, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $95,829 to $198,250.

Housing Lottery Launches for 2072 Anthony Avenue in Tremont, The Bronx

7:00 am on December 28, 2023 By Vanessa Londono

The affordable housing lottery has launched for 2072 Anthony Avenue, a 12-story residential building in Tremont, The Bronx. Designed by Badaly Architects and developed by Arben Mitaj, the structure yields 111 residences. Available on NYC Housing Connect are 110 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

Housing Lottery Launches for McClellan Apartments at 1160 River Avenue in Concourse, The Bronx

7:00 am on December 27, 2023 By Vanessa Londono

The affordable housing lottery has launched for McClellan Apartments at 1160 River Avenue in Concourse, The Bronx. Designed by Aufgang Architects and developed by Maddd Equities LLC and Alembic Community Development, the structure yields 245 residences. Available on NYC Housing Connect are 198 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $18,515 to $175,100.

Render of 1601 Dekalb Avenue, by Aufgang Architects

Developers Secure Funding for 1601 DeKalb Avenue in Bushwick, Brooklyn

7:00 am on December 25, 2023 By Max Gillespie

Camber Property Group, in collaboration with RiseBoro Community Partnership, has finalized a $75 million development deal for a new affordable housing project at 1601 DeKalb Avenue in Bushwick, Brooklyn. Designed by Aufgang Architects, the project plans to transform a previously vacant lot into a residential building with 127 units to be made available to residents earning between 40 and 100 percent of the area median income.

Rendering of 470-490 Kent Avenue, designed by Hill West Architects

Three-Tower Complex Rises at 470-490 Kent Avenue in South Williamsburg, Brooklyn

7:30 am on December 24, 2023 By Michael Young and Matt Pruznick

Construction is rising on 470-490 Kent Avenue, a three-tower residential complex along the East River waterfront in South Williamsburg, Brooklyn. Designed by Brooklyn-based Brandon Haw Architecture LLP with Hill West Architects as the executive architect of record and developed by Naftali Group and Access Industries, the development will span 645,000 square feet and yield 607 units, including 89 condominiums, as well as 19,000 square feet of commercial space and a suite of amenities. New Line Structures & Development LLC is the general contractor for the project, which occupies a 4-acre plot bound by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

Housing Lottery Launches for 520 West 48th Street in Hell’s Kitchen, Manhattan

6:30 am on December 24, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Clinton, a seven-story residential building at 520 West 48th Street in Hell’s Kitchen, Manhattan. Developed by Hudson Inc., the structure yields 109 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 $89,143 to $146,900.

Housing Lottery Launches for 26-31 3rd Street in Astoria, Queens

7:00 am on December 23, 2023 By Vanessa Londono

The affordable housing lottery has launched for 26-31 3rd Street, a five-story residential building in Astoria, Queens. Designed by Barry J. Bank Consulting Engineering, the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $83,349 to $198,250.

Render of Willets Point site layout, via willetspointqueens.com

Willets Point Transformation Breaks Ground In Corona, Queens

7:30 am on December 22, 2023 By Max Gillespie

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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Affordable housing

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