New York City’s Department of Housing Preservation and DevelopmentMonadnock, Sisters of Charity Housing Development Corporation, and The Master Group to construct a new 100 percent affordable housing property in Stapleton, Staten Island. The development will create 360 new affordable homes with more than half designated for the formerly homeless, extremely-low, and very low-income households.
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.
Permits have been filed for a seven-story mixed-use building at 44 Elizabeth Street in Chinatown, Manhattan. Located between Canal Street and Hester Street, the lot is two blocks south of the Grand Street subway station, serviced by the B and D trains and four blocks east of the Canal Street station, serviced by the J and Z trains. Heng Sang Realty Corp is listed as the owner behind the applications.
As YIMBY reported back in October, construction is nearly complete for the 12-story 280 Ashland Place, in the Downtown Cultural District of Brooklyn, and now, leasing has officially commenced. The project has been named Caesura, a term for the pause in the middle of a line of music poetry. Its next-door neighbor, the Brooklyn Academy of Music, gives the inspiration. Jonathan Rose Companies LLC is behind the building, which had previously gone by the address of 15 Lafayette Avenue.
Two Trees’ BAM South tower is the most prominent building set to rise in downtown Brooklyn’s would-be cultural district, just north of the Pacific Park (née Atlantic Yards) redevelopment. But north of BAM South another tower has floated…
