The affordable housing lottery is open for 1893 Crotona Avenue, an eight-story residential development in The Bronx’s Tremont neighborhood. Designed by Badaly Architects, the 21,520-square-foot building will yield 29 units. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income, ranging in eligible income from $41,143 to $159,640.
YIMBY has word that The Joe Tirone Team, an affiliated brokerage group under the Compass umbrella, completed the sale of three adjoining lots that were identified as “Projected Development Site 2” in a proposal to City Planning by Madison Realty Capital late last year. That parcel was envisioned to give rise to a 117,848-square-foot, mixed use building. Madison owns, and will develop, “Projected Development Site 1” in their River North proposal, a multi-faceted mixed-use complex under city review that was formerly known as Liberty Towers, in Staten Island‘s St. George neighborhood.
Madison Realty Capital has begun construction on a new mixed-use complex located near the southern boundary of Woodside, Queens. Developed in partnership with the New York City School Construction Authority, the complex will include a new public school, 478 mixed-income apartments, retail, and public outdoor space.
The affordable housing lottery is open for 283 Powers Street, a three-story residential development in East Williamsburg, Brooklyn. Built in 1950, the 13,200-square-foot building yields 20 units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income, ranging in eligible income from $68,538 to $159,640.
Today’s housing lottery round-up features five buildings with affordable units on Housing Connect with deadlines closing within the next seven days. Unfortunately, an update to the Housing Connect website this week has apparently left the system rather glitchy, as it now lists incorrect numbers of units remaining, and the photos and renderings have similarly become defunct, all in the midst of New York City’s worst housing crisis since the 1930s.
