Affordable housing

City officials joined BFC Partners and Breaking Ground to celebrate New Yorkers moving into affordable homes at 1101 and 1089 President Street in Crown Heights, Brooklyn

Occupancy Begins at 1101 and 1089 President Street in Crown Heights, Brooklyn

7:30 am on March 23, 2023 By Sebastian Morris

Developers and city officials recently joined to celebrate the beginning of occupancy at 1101 and 1089 President Street in Crown Heights, Brooklyn. Developed in partnership by Breaking Ground and BFC Partners, the two-building complex once served as the historic Bedford Union Armory and now comprises 415 income-restricted rental units, a parking garage, and the 500,000-square-foot Major R. Owens Health and Wellness Community Center, a sprawling facility with large recreational spaces and offices for medical access and emotional counseling.

Housing Lottery Launches for 1169 River Avenue in Concourse, The Bronx

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

The affordable housing lottery has launched for 1169 River Avenue, a 19-story mixed-use building in Concourse, The Bronx. Designed by Aufgang Architects and developed by Community Access, a NYC supportive housing and social service non-profit, the structure yields 245 residences. Available on NYC Housing Connect are 96 units for residents at 60 to 80 percent of the area median income (AMI), ranging in eligible income from $31,852 to $132,400.

Affordable Housing Lottery Launches for Woodside Central in Woodside, Queens

7:00 am on March 22, 2023 By Vanessa Londono

The affordable housing lottery has launched for Woodside Central, a pair of mixed-use towers consisting of 46-09 69th Street, which rises 15 stories, and 46-10 70th Street, which stands 12 stories in Woodside, Queens. Designed by AKM Architects and developed by Madison Realty Capital under the QB Development Owner LLC, the structures yield a total 478 residences. Available on NYC Housing Connect are 144 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $55,886 to $115,280.

Rendering of 8 Chester Avenue in White Plains, New York

Developers Propose Affordable Housing Project at 8 Chester Avenue in White Plains

7:00 am on March 20, 2023 By Sebastian Morris

The Westchester Industrial Development Agency (IDA) is now reviewing proposals to construct a new affordable housing development at 8 Chester Avenue in White Plains, New York. Led by developer Keeler Markwood Group, the four-story building will contain 74 units of workforce housing and 40 parking spaces.

Housing Lottery Launches for 130 Hope Street in Williamsburg, Brooklyn

6:30 am on March 19, 2023 By Vanessa Londono

The affordable housing lottery has launched for 130 Hope Street, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by J Frankl Associates and Charles Mallea Architect and developed by Solomon Schwimmer under the Hope-Keap Owner LLC, the structure yields 143 residences, 72 parking spaces, and 740 square feet of commercial space. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $100,252 to $215,150.

Demolition Finishes at 1357 Second Avenue on Manhattan’s Upper East Side

8:00 am on March 18, 2023 By Michael Young

Demolition is wrapping up at 1357 Second Avenue, the site of a 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by The Chetrit Group, which purchased the property for $47.2 million in 2018, the 230-foot-tall structure will yield 54 apartments spread across 150,000 square feet and 5,700 square feet of commercial space. The development also includes a four-story, 40-foot-tall annex that will yield an additional inventory of affordable housing units. CF East 72 Owner LLC is the owner and RIG Kingland Services is the general contractor for the project, which is located at the corner of Second Avenue and East 72nd Street.

The 4519 White Plains Rod project team celebrates the construction milestone - [From left, to right] Carlton Roye, project manager at Galaxy Construction; Jack Coogan, principal at OCV Architects; Jimmy Zervoudis, principal at Galaxy Construction; John McDonald, interim president at The Doe Fund; Lucy Sanchez, DASNY project manager; and Jeff Chu, development director of finance at Robert Sanborn Development

The Plains Affordable Housing Project Tops Out at 4519 White Plains Road in Wakefield, The Bronx

7:30 am on March 18, 2023 By Sebastian Morris

Construction has topped out on The Plains, a nine-story mixed-income residential property at 4519 White Plains Road in the Wakefield section of The Bronx. Led by developers The Doe Fund and Robert Sanborn Development, the building will contain 98 deeply affordable homes, 20 apartments reserved for tenants 62 and older, and on-site supportive housing for 49 formerly homeless adults living with disabilities.

Housing Lottery Launches for 55 Summit Street Cooperatives in the Columbia Street Waterfront District, Brooklyn

7:00 am on March 16, 2023 By Vanessa Londono

The affordable housing lottery has launched for 55 Summit Street Cooperatives, a five-story residential building in Brooklyn’s Columbia Street Waterfront District. Designed by Tahir Demircioglu Architect and developed by Michael Abramov under the SS Development Partners LLC, the structure yields five residences. Available on NYC Housing Connect are five units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $57,074 to $115,280.

Rendering of 345 McLean Avenue in Yonkers

Developers Granted $56.8M Incentives Package for Affordable Senior Housing Project at 345 McLean Avenue in Yonkers

7:30 am on March 15, 2023 By Sebastian Morris

Verus Development will receive a $56.8 million incentives package to facilitate the completion of a new affordable rental property for low-income seniors at 345 McLean Avenue in Yonkers, New York. The 12-story building will feature 105 apartment in studio, one-, and two-bedroom layouts, all reserved for seniors 62 years and older with an income at or below 60 percent of the area median income.

Housing Lottery Launches for 3029 and 3031 Bronxwood Avenue in Williamsbridge, The Bronx

7:00 am on March 15, 2023 By Vanessa Londono

The affordable housing lottery has launched for 3029 and 3031 Bronxwood Avenue, a pair of four-story residential buildings in Williamsbridge, The Bronx. Designed by Badaly Architects and developed by Arlind Kastrati under the 3031 Bronxwood Realty LLC, the structures yield 16 residences total. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,229 to $156,130.

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