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Phase Two Of Starhill Affordable Housing Complex Breaks Ground At 1600 Grand Avenue In Morris Heights, The Bronx

Services for the UnderServed and Bronx Pro Group recently celebrated the groundbreaking for phase two of Starhill, an affordable housing project at 1600 Grand Avenue in Morris Heights, The Bronx. The project will add 244 affordable apartments to the property, with 74 of which designated as supportive housing for formerly homeless individuals and families. On-site supportive care services will be provided by Services for the UnderServed. The project was designed by Marvel Architects.

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Rendering of 959 Sterling Place. Designed by Morris Adjmi Architects

Developers Secure $69 Million Bridge Loan for Mason Gray At 959 Sterling Place In Crown Heights, Brooklyn

Invictus Real Estate Partners, a New York-based vertically integrated real estate private equity company, has announced the closing of a $69 million pre-TCO bridge loan for the Mason Gray, a residential property at 959 Sterling Place in Crown Heights, Brooklyn. The loan will support the completion of minor construction work on the seven-story building, allowing leasing to begin. Walker & Dunlop’s Mike Diaz and Aaron Appel arranged the financing for the project, which was developed by Hope Street Capital.

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Housing Lottery Launches for Mason Gray at 959 Sterling Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for Mason Gray, a seven-story residential building at 959 Sterling Place in Crown Heights, Brooklyn. Designed by Morris Adjmi Architects and developed by Hopestreet Capital, the structure yields 158 residences. Available on NYC Housing Connect are 48 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,246 to $218,010.

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Housing Lottery Launches for Starhill at 1600 Grand Avenue in Morris Heights, The Bronx

The affordable housing lottery has launched for Starhill, a 14-story residential building at 1600 Grand Avenue in Morris Heights, The Bronx. Developed by Services for the UnderServed and Bronx Pro, with design by Marvel Architects, the structure yields 326 residences. Available on NYC Housing Connect are 125 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $24,446 to $134,160.

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Housing Lottery Launches for 51 West 174th Street in Morris Heights, The Bronx

The affordable housing lottery has launched for 51 West 174th Street, a four-story residential building in Morris Heights, The Bronx. Designed by Nikolai Katz Architects and developed by Yitzi Salamon, the structure yields 25 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 $105,223 to $161,590.

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