Affordable Housing

Covenant House Planning New Facility, Affordable Housing At 460 West 41st Street, Midtown West

4:00 pm on August 4, 2015 By Reid Wilson

The Covenant House, a facility that caters to homeless youth, is planning to redevelop the small block at 460 West 41st Street, in Hell’s Kitchen, replacing their current eight-story facility, a vacant six-story building, and an undeveloped lot. DNAinfo reports the new building will house Covenant’s new national headquarters facility, in additional to a large residential portion that’s 40% affordable and includes 100 units of supportive housing.

608 Franklin Avenue, rendering by ODA Architecture

Tracking Large Developments and Affordable Housing in Crown Heights

8:00 pm on July 17, 2015 By Rebecca Baird-Remba

Crown Heights has some of the fastest rising rents in all of Brooklyn. It’s gentrifying at a rate that merited two New York Times real estate section features in the last year, neither of which could resist mentioning riots that occurred 24 years ago. At the same time, new development is sweeping across the area, concentrated at the western edge between Washington and Nostrand Avenues.

Eight-Story, 77-Unit Supportive Housing Project At 110 Port Richmond Avenue Revealed, Port Richmond

6:30 am on July 16, 2015 By Reid Wilson

Earlier this month, YIMBY brought you news of Saint Joseph’s Medical Center’s plans to develop a supportive housing building at 108-110 Port Richmond Avenue, on Staten Island’s North Shore. A rendering has now surfaced of the project, per DNAinfo, and the structure will hold 50 supportive housing units for the mentally ill, and an additional 27 affordable units. Edelman Sultan Knox Wood Architects is designing, and an existing building must first be demolished.

491 Gerard Avenue, image via Google Maps

Permits Filed: Affordable Housing at 491 Gerard Avenue, Mott Haven

7:00 am on July 15, 2015 By Rebecca Baird-Remba

Since a vast industrial swath of Mott Haven was rezoned in the South Bronx several years ago, affordable housing developers have slowly begun to build in the area, taking advantage of large vacant lots and cheap, derelict factories. One such developer has filed plans for a 12-story affordable building at 491 Gerard Avenue, a block over from the Major Deegan Expressway and a short walk from the 2, 4 and 5 trains at 149th Street-Grand Concourse.

City To Request Proposals For All-Affordable Mixed-Use Tower At 493 11th Avenue, Midtown West

6:00 am on July 13, 2015 By Reid Wilson

The City’s EDC has confirmed the redevelopment of the parking lot at 493 11th Avenue, on West 39th Street in Midtown West, according to DNAinfo. The City will request proposals this summer for a permanently all-affordable housing tower, which will also have retail and community space on the lower levels. The site was previously said to allow for a 45-story, 300-unit building, and was formerly occupied by a six-story slaughterhouse, demolished in the 1980’s.

All-Affordable Residential Building Being Planned At 110 St Edwards Street, Fort Greene

10:00 am on July 9, 2015 By Reid Wilson

The NYC Housing Authority is planning to build an all-affordable building at the vacant 11,500 square-foot plot of land on the northwest corner of Myrtle Avenue and St Edwards Street, in Fort Greene, on the grounds of the Ingersoll Houses complex. According to DNAinfo, a community facility is planned on the ground floor. The building’s specifications will be determined once the City selects a developer by the end of 2015.

77-Unit Supportive Housing Building Planned At 110 Port Richmond Avenue, Port Richmond

10:00 am on July 2, 2015 By Reid Wilson

Saint Joseph’s Medical Center plans to purchase the dilapidated two-story structure at 108-110 Port Richmond Avenue, on Staten Island’s North Shore, and develop a 77-unit supportive housing facility, according to DNAinfo. Fifty units will be set aside for those suffering from mental illnesses, while the remaining 27 units will be rented at below-market rates. The state will approve the plans after the community has 75 days to express concerns.

crown heights historic district st johns edit

How Does Landmarking Affect Property Values and Development?

7:30 pm on June 19, 2015 By Rebecca Baird-Remba

The half-century-old Landmarks law has played a valuable role in protecting the historic fabric of New York City’s neighborhoods, but it also limits the production of housing—particularly affordable housing—in neighborhoods with large historic districts.

Developers Worry About Building Condos Without 421-a

5:30 pm on June 5, 2015 By Rebecca Baird-Remba

As the clock ticks down to the state’s 421-a renewal deadline on June 15, developers are wondering how they’ll fare if condos no longer qualify for the tax abatement. Companies building lower cost apartments on the fringes of the city will likely be the hardest hit, since the tax break helps attract buyers to less desirable neighborhoods.

Supportive Housing at 437 Herkimer Street Wraps Up Construction in Bed-Stuy

3:00 pm on May 14, 2015 By Reid Wilson

The six-story, 53-unit supportive housing development at 437 Herkimer Street, in southern Bedford-Stuyvesant, is wrapping up construction and expected to open this summer, DNAinfo reports. The affordable housing group The Bridge will service the complex, and the building will feature solar panels on the roof and a wide range of amenities for its tenants.

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