Construction is now underway at 1366 East New York Avenue, a 72-unit affordable housing project in Brownsville, Brooklyn. The project will debut as The Rise, and is being developed in partnership by Xenolith Partners, the Women’s Prison Association, and the Brownsville Partnership.
Developers and city agencies recently celebrated the completed of El Borinquen Residences, a new, deeply affordable property in The Bronx. Located at 3401 Third Avenue in the Morrisania neighborhood, the ten-story building houses 148 affordable apartments, including 29 homes for seniors at or below 30 percent Area Median Income (AMI), and 90 units designated for the formerly homeless and youths aging out of foster care. The latter includes access to on-site supportive services.
Construction is now underway on La Mora Senior Apartments, an age-restricted affordable housing property in Yonkers, New York. Developed in collaboration by the Municipal Housing Authority for the City of Yonkers (MHACY) and the Mulford Corporation, the four-story building is located on a long-vacant parcel at 23 Mulberry Street on the southern edge of the city.
New York City mayor Eric Adams and New York governor Kathy Hochul have unveiled plans to construct Manhattan’s first Science Park and Research Campus (SPARC) in Kips Bay. Located on Hunter College’s Brookdale Campus at East 25th Street and First Avenue, SPARC is described as a career and education innovation hub for life sciences.
The Metropolitan Transportation Authority has completed the Elmont-UBS Arena train station, the first new station to debut in almost 50 years. Located on the border of Elmont and Bellrose Terrace in Nassau County, Long Island, riders can expect full service by the end of 2022.
