Douglaston Development, New York State Homes and Community Renewal, and New York City Department of Housing Preservation and Development recently announced the closing of construction financing for a $93.5 million mixed-use affordable housing development. The senior housing development addressed as 2856 Webster Avenue will bring 188 units to the Bedford Park neighborhood in The Bronx.
The Landmarks Preservation Commission (LPC) is now reviewing proposals from Howard Hughes Corporation to construct a new pair of high-rise towers at 250 Water Street and a multi-phase expansion of the South Street Seaport Museum in Manhattan’s Financial District. The developer has selected Skidmore, Owings & Merrill as lead architect with supporting design services from JHPA and historic preservation experts Higgins Quasebarth & Partners.
Permits have been filed for a six-story mixed-use building at 382 Remsen Avenue in East Flatbush, Brooklyn. Located at the intersection of Lenox Road and Remsen Avenue, the corner lot is closest to the Saratoga Avenue subway station, serviced by the 2, 3, and 4 trains. Yoel Horowitz of Highline Developers is listed as the owner behind the applications.
Construction is imminent on Twin Parks Terrace, a 14-story affordable housing development in the Bronx’s Fordham Heights neighborhood. Settlement Housing and Joy Construction are developing the project on land owned by New York City Housing Authority (NYCHA), in partnership with New York City Department of Housing Preservation and Development, New York City Housing Development Corporation, and NYCHA. Danois Architects is designing the mixed-use building that will include 182 residential units, amenities, 10,489 square feet of ground-floor retail, and 1,883 square feet of community facility space.
The affordable housing lottery is open for 2317 Cambreleng Avenue, an eight-story mixed-use development in the Bronx’s Belmont neighborhood. Developed by Stagg Group and designed by WMW Architects, the 50-unit building will yield 53,775 square feet with half of the units designated as affordable housing. Available on NYC Housing Connect are a mix of studios, one-, and two-bedroom units for residents at 120 percent of the area median income, ranging in eligible income from $56,572 to $147,360.
