Affordable Housing

Housing Lottery Launches for 100 Lenox Road in Flatbush, Brooklyn

7:00 am on March 18, 2022 By Vanessa Londono

The affordable housing lottery has launched for 100 Lenox Road, an eight-story residential building in Flatbush, Brooklyn. Designed by S. Wieder Architect with Input Creative Studio as the interior design team and Beitel as the developer, the structure yields 95 residences. Available on NYC Housing Connect are 29 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $64,286 to $167,570.

Rendering of 250 Georgia King Village - Inglese Architecture and Engineering

Developers Secure $42M in Financing for an Affordable Housing Development at 250 Georgia King Village in Newark, New Jersey

7:30 am on March 11, 2022 By Sebastian Morris

L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.

Affordable Housing Units Available at 810 Fulton Street in Clinton Hill, Brooklyn

8:00 am on March 10, 2022 By Vanessa Londono

Affordable studios and one-bedrooms at 810 Fulton Street are now available via the NYC Housing Connect lottery. The 12-story affordable housing development is located in Clinton Hill, Brooklyn and is alternately addressed as 475 Clermont Avenue.

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Permits Filed for 2005 Third Avenue in East Harlem, Manhattan

6:30 am on March 10, 2022 By Vanessa Londono

Permits have been filed for a 15-story mixed-use building with affordable housing at 2005 Third Avenue in East Harlem, Manhattan. Located at the intersection of East 110th Street and Third Avenue, the corner lot is one block east of the 110th Street subway station on Lexington Avenue, serviced by the 6 train. Elie Fouerti is listed as the owner behind the applications.

Rendering of 111 Willoughby Street - The Michaels Organization

40-Story High-Rise Breaks Ground at 111 Willoughby Street in Downtown Brooklyn

7:00 am on March 8, 2022 By Sebastian Morris

Construction is now underway at 111 Willoughby Street, a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization and joint-venture partners Triangle Equities and Geolo Capital, the 437-foot-tall building will yield 205,000 square feet and 227 rental homes.

Updated rendering of 500 Main Street - Niles Bolton Associates; BRP Companies

Developers Close on $294M Financing Package to Complete 500 Main Street in Downtown New Rochelle

7:30 am on March 5, 2022 By Sebastian Morris

BRP Companies and its development partners have closed on a $294 million construction loan to complete a new 477-unit rental building in downtown New Rochelle. Located at 500 Main Street, the collection of homes will range from studios up to two-bedroom accommodations including 119 affordable housing units.

Permits Filed for 11-20 Broadway in Astoria, Queens

6:30 am on March 5, 2022 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building with affordable housing at 11-20 Broadway in Astoria, Queens. Located between 11th and 12th Streets, the lot is closest to the Broadway subway station, serviced by the N and W trains. Damien Smith of First Standard Construction is listed as the owner behind the applications.

Housing Lottery Launches for 2381-2383 Lorillard Place in Tremont, The Bronx

6:30 am on March 4, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2381-2383 Lorillard Place, a pair of four-story residential buildings in Tremont, The Bronx. Designed by Gerald J. Caliendo and developed by Aviram Chen, the structures yield seven residences each. Available on NYC Housing Connect are six units total for residents at 130 percent of the area median income (AMI), ranging in eligible income from $60,858 to $139,620.

Affordable Housing Units Still Available at Centennial Astoria in Queens

6:30 am on March 3, 2022 By Vanessa Londono

The affordable housing lottery has launched for Centennial Astoria, an eight-story mixed-use building at 14-53 31st Avenue in Astoria, Queens. Designed by JLS Designs and developed by Anthony Hu, the structure yields 33 residences and ground-floor commercial space. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $167,570.

Inwood Tower - Courtesy of the New York State Governor's Press Office

Governor Hochul Announces Agreement to Preserve Affordable Housing At Inwood Tower for 30 Years

7:00 am on February 27, 2022 By Sebastian Morris

Inwood Tower, a New York State-supervised Mitchell-Lama cooperative, will remain an affordable housing property for the next 30 years following an agreement forged by Governor Kathy Hochul. The property is located at 11 Fort George Hill in Washington Heights and comprises 190 apartments.

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Affordable Housing

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