Slate Property Group and RiseBoro Community Partnership have completed the acquisition of the former JFK Hilton Hotel at 144-02 135th Avenue in South Jamaica, Queens, paving the way for a landmark affordable housing project. This initiative marks the first-ever conversion of a former hotel into permanently affordable housing under New York’s Housing Our Neighbors with Dignity Act (HONDA).
ArtBridge, Slate Property Group, and RiseBoro Community Partnership have introduced “Brownsville Reflections: Past, Present, Future,” a 600-foot-long public art installation at 326 Rockaway Avenue in Brownsville, Brooklyn. Part of the City Canvas pilot program, the exhibition showcases the talents of local artists Jocelyn Goode, Laurent Chevalier, and Sophia Victor on the construction barriers of an upcoming affordable housing project.
This week crews poured the final floor on the 19-story new residential development at 159 Boerum Street in Brooklyn’s East Williamsburg neighborhood. Developed by Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC, the 216-foot-tall structure will yield 116,000 square feet and 162 units when complete with 49 apartments designated as affordable housing.
Work is underway on 118 West 13th Street, a seven-story residential conversion in Manhattan’s Greenwich Village Historic District. Designed by BKSK Architects and developed by Slate Property Group, which acquired the property for $22.85 million and is partnering with private equity firm Avenue Realty Capital, the project will create eight condominium units spread across 34,000 square feet. The structure was originally built in 1931 and formerly served as the 175-room Eugene Lang College dormitory for The New School, once touted as the most expensive college dorm in the United States. The project is located on an interior lot between Sixth and Seventh Avenues.
The affordable housing lottery has launched for 73-65 Yellowstone Boulevard, an 11-story residential building in Forest Hills, Queens. Designed by Aufgang Architects and developed by Slate Property Group and Grobman-Gross Properties, the structure yields 166 apartments. Available on NYC Housing Connect are 50 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,286 to $198,250.
