Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.
There are affordable housing lottery units available at 22-22 Steinway Street, a four-story residential building in Astoria, Queens. Designed by NDKazalas Architecture, the structure yields 13 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $139,620.
Type A Real Estate Advisors and JASA recently completed a new affordable housing development at 1490 Southern Boulevard in The Bronx. The 100-percent affordable project is located in the borough’s Charlotte Gardens neighborhood and comprises 114 units for households making up to 50 percent area median income (AMI). Thirty percent of the units will be set aside formerly homeless older adults.
The affordable housing lottery has launched for 567 Ocean Parkway, an eight-story residential building in Kensington, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Sam Klein under the Ocean Parkway Apartments LLC, the structure yields 35 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
The affordable housing lottery has launched for 1510 Gates Avenue, an 11-story residential building in Bushwick, Brooklyn. Designed by NY Building Associates Inc. and developed by The Horizon Group, the structure yields 70 residences. Available on NYC Housing Connect are 21 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $167,570.
