Affordable housing

The Fleet. Designed by JFA Architects & Engineers.

‘The Fleet’ 450-Unit Tower Nears Completion in Downtown Brooklyn

8:00 am on July 21, 2026 By Michael Young and Matt Pruznick

Construction is wrapping up on The Fleet, a 30-story structure composed of five interconnected residential buildings in Downtown Brooklyn. Designed by JFA Architects & Engineers and developed by The Jay Group, the project will yield a total of 450 rental units, including 20 reserved for affordable housing. The 39,000-square-foot property is an assemblage of six adjacent parcels and is divided into five separate addresses: 104 Fleet Place, 106 Fleet Place, 163 Willoughby Street, 165 Willoughby Street, and 283 Flatbush Avenue Extension.

872 Bronx Park South. Photo by Michael Young.

872 Bronx Park South Completes Construction in West Farms, The Bronx

7:30 am on July 19, 2026 By Michael Young and Matt Pruznick

Construction is finished on 872 Bronx Park South, an eight-story mixed-use residential building in West Farms, The Bronx. Designed by Aufgang Architect and developed by DP Group and Sycamore Birch Management LLC, the structure yields 82 rental units, with 15 dedicated to affordable housing. The property is located at the corner of Bronx Park South and Mohegan Avenue.

Kay’s Place Completes Construction At 487 4th Avenue in Park Slope Brooklyn

7:00 am on July 19, 2026 By Michael Young and Matt Pruznick

Construction is finished on Kay’s Place, an 11-story mixed-use residential building at 487 4th Avenue in Park Slope, Brooklyn. Designed by Aufgang Architects and developed and built by Procida Companies under the 487 4th Avenue Managers LLC, the 107-foot-tall structure spans 49,308 square feet and yields 44 affordable rental units with an average scope of 864 square feet. The project also includes 2,154 square feet of ground-floor commercial space, a cellar level, and one enclosed parking space. Ten of the units are one-bedroom apartments for residents with developmental disabilities, and a portion of the remainder will be reserved for the formerly homeless. The property is located at the corner of 4th Avenue and 12th Street.

1340 Blondell Avenue. Photo by Michael Young.

1340 Blondell Avenue Completes Construction in Westchester Square, The Bronx

7:30 am on July 18, 2026 By Michael Young and Matt Pruznick

Construction is finished on 1340 Blondell Avenue, a seven-story affordable housing building in Westchester Square, The Bronx. Designed by Aufgang Architects and developed by Exact Capital Group under the Blondell Equities LLC, the 75-foot-tall structure spans 216,941 square feet and yields 182 rental units with an average scope of 851 square feet. The project also includes 15,304 square feet of commercial space, 1,783 square feet of community facility space, ground-floor retail, a 30-foot-long rear yard, and a 225-vehicle parking garage. The property occupies most of the block between Ponton and Fink Avenues, directly behind the MTA Westchester Yard and Maintenance Facility.

Housing Lottery Launches for 3547 Webster Avenue in Norwood, The Bronx

7:00 am on July 18, 2026 By Vanessa Londono

The affordable housing lottery has launched for 3547 Webster Tower, an eight-story mixed-use building at 3547 Webster Avenue in Norwood, The Bronx. Designed by Genaro Urueta Inc. and developed by Yoel Landau, the structure yields 88 residences. Available on NYC Housing Connect are 39 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $92,880 to $238,160.

Housing Lottery Launches for 283 Flatbush Avenue Extension in Downtown Brooklyn

7:00 am on July 17, 2026 By Vanessa Londono

The affordable housing lottery has launched for 283 Flatbush Avenue Extension, a 30-story mixed-use building in Downtown Brooklyn. Designed by J Frankl Architects and developed by The Jay Group, the structure yields 99 residences. Available on NYC Housing Connect are 20 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,669 to $146,560.

Housing Lottery Launches for Jamaica Central at 89-25 162nd Street in Jamaica, Queens

7:00 am on July 16, 2026 By Vanessa Londono

The affordable housing lottery has launched for Jamaica Central, a 14-story residential building at 89-25 162nd Street in Jamaica, Queens. Designed by S. Wieder Architect and developed by Vaja Group, the structure yields 126 residences. Available on NYC Housing Connect are 15 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $57,875 to $147,280.

Development Team Selected For The Aurea Affordable Development at 324 East 5th Street In East Village, Manhattan

7:30 am on July 15, 2026 By Max Gillespie

The New York City Department of Housing Preservation and Development (HPD) has designated a development team for The Aurea, a mixed-use affordable housing development at 324 East 5th Street in Manhattan’s East Village. Designed by SLCE Architects and developed by a partnership of Spatial Equity, Housing Works, the Cooper Square Committee, and the This Land Is Ours Community Land Trust, the project will yield approximately 131 deeply affordable homes, with 30 percent of the units set aside for formerly homeless New Yorkers. The property is located between First and Second Avenues.

Housing Lottery Launches for 1760 Third Avenue in East Harlem, Manhattan

7:00 am on July 15, 2026 By Vanessa Londono

The affordable housing lottery has launched for 1760 Third Avenue, an 18-story affordable housing conversion building in East Harlem, Manhattan. Designed by Dattner Architects and developed by Breaking Ground, the project involved the conversion of a dormitory for Hunter College and Baruch College into 434 residential units. Available on NYC Housing Connect are 172 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $45,532 to $91,620.

498 Columbia Street. Photo by Michael Young.

371-Unit All-Affordable Building Completes Construction at 498 Columbia Street in Red Hook, Brooklyn

8:00 am on July 14, 2026 By Michael Young and Matt Pruznick

Construction is finished on 498 Columbia Street, an eight-story all-affordable residential building in Red Hook, Brooklyn. Designed by Aufgang Architects and developed by Express Builders JB Inc. in partnership with nonprofit service provider Jericho Project, the 85-foot-tall structure spans 275,992 square feet and yields 371 rental units with an average scope of 554 square feet. The project also includes 69,409 square feet of community facility space and a ten-vehicle parking garage.

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