The affordable housing lottery has launched for 576 Lenox Road, a four-story residential building in East Flatbush, Brooklyn. Designed by Satwin Architect and developed by Bokhour Developers, the structure yields eight residences and six parking spaces. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $187,330.
Exterior work is nearing completion on Waterview, a two-tower residential development at 77-87 Commercial Street in Greenpoint, Brooklyn. Designed by CetraRuddy and developed by Clipper Equity, the 30- and 40-story towers will yield 811,000 square feet and 520 units, with 200 designated for affordable housing. The 331- and 429-foot tall reinforced concrete superstructures both rise from a seven-story podium that will contain 25,000 square feet of retail space and a 300-vehicle below-grade parking garage. Ray Builders is the general contractor and Hatfield Group is the façade consultant for the property, which is located next to the Greenpoint Landing master plan near the intersection of Commercial and Box Streets.
L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.
The affordable housing lottery has launched for 1661 Madison Avenue, an eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure yields 14 residences. Available on NYC Housing Connect are five units with a 2.5-month concession for residents at 130 percent of the area median income (AMI), ranging in eligible income from 101,143 to $156,130.
Permits have been filed for a four-story residential building at 3301 Newkirk Avenue in East Flatbush, Brooklyn. Located at the intersection of Newkirk Avenue and New York Avenue, the lot is three blocks east of the Newkirk Avenue-Little Haiti subway station, serviced by the 2 and 5 trains. Samuel Amsel under the 1335 NY SYA LLC is listed as the owner behind the applications.
