Housing Lottery Launches for 4435 White Plains Road in Wakefield, The Bronx

The affordable housing lottery has launched for 4435 White Plains Road, a seven-story mixed-use building in Wakefield, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 82 residences. Available on NYC Housing Connect are 27 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $187,330.

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Façade Work Progresses on 69 Adams Street in DUMBO, Brooklyn

Exterior work is progressing on 69 Adams Street, a 26-story residential building in DUMBOBrooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by The Rabsky Group, the 280-foot-tall structure will span 258,200 square feet and yield 225 units in studio to two-bedroom layouts, as well as 60 feet of retail frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, York Street to the south, the elevated Manhattan Bridge roadway to the east, and Adams Street to the west.

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128 East 28th Street Stands Complete in NoMad, Manhattan

Construction has wrapped up on 128 East 28th Street, an eight-story residential building in NoMad, Manhattan. Designed by TRA Studio for Sinha Development, the 80-foot-tall structure spans 28,000 square feet and yields ten condominium units in two-bedroom to three-bedroom penthouse layouts, as well as ground-floor retail space marketed by Newmark. ES Builders Group was the general contractor for the project, which is located between Lexington Avenue and Park Avenue South. Douglas Elliman Development Marketing Group is handling sales and marketing for the residential component.

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Daytime view of Riverdale Osborne Towers

Developers Close on $100M Refinance for Riverdale Osborne Towers in Brownsville, Brooklyn

The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.

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