Rockrose and the Battery Park City Authority (BPCA) have reached a new agreement to retain existing affordable units at Tribeca Pointe at 40 to 50 percent area median income through 2069. Prior to this agreement, the term of the 70 affordable units was set to expire by 2029.
Permits have been filed for an eight-story residential building at 521 West 134th Street in West Harlem, Manhattan. Located between Broadway and Amsterdam Avenue, the lot is near the 137 Street – City College subway station, serviced by the 1 train. Haussmann Development is listed as the owner behind the applications.
The affordable housing lottery has launched for 524 Ocean View Avenue, a five-story residential building in Brighton Beach, Brooklyn. Designed by Zproekt and developed by Raymond Guindi, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Leasing is now underway at One Clinton Park, a new 28-story mixed-use tower with 352 rental units. Located at 55 Clinton Place in New Rochelle, One Clinton Park is RXR Realty’s latest development in the city’s downtown neighborhood and is on track to open this spring.
Permits have been filed for a two-tower, 17-story mixed-use building at 840 Atlantic Avenue in Prospect Heights, Brooklyn. Located between Atlantic Avenue and Pacific Street on Vanderbilt Avenue, the lot is near the 2, 3, 4, 5, N, Q, and R trains at the Atlantic Avenue-Barclays Center station, and the Long Island Railroad at Atlantic Terminal. Tom Li of Suzuki Capital is listed as the owner behind the applications. In September 2021, New York City Council approved proposals to construct a new 18-story mixed-use building, developed by Atlantic-Vanderbilt Holdings LLC and designed by IMC Architecture, with a mix of market-rate and income-restricted apartments, retail space, a community arts center, and a sub-grade parking garage.
