Slate Property Group and RiseBoro Community Partnership have completed the acquisition of the former JFK Hilton Hotel at 144-02 135th Avenue in South Jamaica, Queens, paving the way for a landmark affordable housing project. This initiative marks the first-ever conversion of a former hotel into permanently affordable housing under New York’s Housing Our Neighbors with Dignity Act (HONDA).
The affordable housing lottery has launched for Linden Grove Senior Residences, a 13-story residential buildings at 223 Linden Street in Bushwick, Brooklyn. Developed by Blue Sea Development Company and Gilbane Development Company, the structure yields 153 residences. Available on NYC Housing Connect are 80 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
At number 15 on our year-end countdown of the tallest buildings under construction in New York is 550 Tenth Avenue, a 520-foot-tall residential skyscraper in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 47-story structure will span 430,000 square feet and yield 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.
Construction has topped out on 39-26 30th Street, an 11-story residential building in Dutch Kills, Queens. The ground-up structure will yield and undisclosed number of affordable housing units and a new religious facility for the Brazilian Missionary Church, which already occupied the site between 39th and 40th Avenues. 39-26 Property LLC is listed as the owner and JLS Group Construction LLC is listed as the general contractor. An architect for the project was not publicly disclosed.
Governor Kathy Hochul has announced the winning plan for the redevelopment of Manhattan’s former Lincoln Correctional Facility at 31-33 West 110th Street in Harlem. Named the Seneca project, the project aims to transform the site into an affordable housing development with 105 units. The $90 million initiative, led by Infinite Horizons, L+M Development Partners, Urbane, and Lemor Development Group, is part of the state’s broader strategy to alleviate New York’s housing crisis.
