Affordable housing

New York State Governor Kathy Hochul celebrates the East Harlem Downtown Revitalization Investment with community leaders

New York State Awards $10M Downtown Revitalization Investment Grant to East Harlem, Manhattan

Manhattan’s East Harlem neighborhood is the latest recipient of a $10 million Downtown Revitalization Investment (DRI) grant. Backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA, the award is part of a statewide initiative to support community enhancement projects that improve walkability, create new public outdoor spaces, enhance existing parks, and create new opportunities for local artists and small businesses.

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Housing Lottery Launches for 1010 Pacific Street in Crown Heights, Brooklyn

The affordable housing lottery has launched for 1010 Pacific Street, a nine-story residential building in Crown Heights, Brooklyn. Designed by J. Frankl Associates and Studio C Architecture and developed by Naresh Mahangu of NY Building Associates Inc., the structure yields 175 residences. Available on NYC Housing Connect are 53 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

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Housing Lottery Launches 221 East 117th Street in East Harlem, Manhattan

The affordable housing lottery has launched for 221 East 117th Street, a six-story residential development in Manhattan’s East Harlem neighborhood. Designed by ARC Architecture + Design Studio and developed by Roy Moussaeiff, the new building yields 12 residences. Available on NYC Housing Connect are four affordable units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $156,130.

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Housing Lottery Launches for Sunset Ridge Senior Apartments in Sunset Park, Brooklyn

The affordable housing lottery has launched for Sunset Ridge Senior Apartments, a new nine-story building and two adjacent townhomes at 6309 4th Avenue and 414 63rd Street in Sunset Park, Brooklyn. Designed by Magnusson Architecture and Planners and developed by Fifth Avenue Committee, the structures yield 84 residences. Available on NYC Housing Connect are 57 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $60,050.

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75 Dupont Street Readies for Excavation in Greenpoint, Brooklyn

Excavation is set to begin at 75 Dupont Street, the site of an eight-story mixed-use building in GreenpointBrooklyn. Developed by Madison Realty Capital, the 400,000-square-foot structure will yield 480 homes with 144 designated for affordable housing, as well as 200 on-site parking spaces, community facilities, and a grocery store. Omnibuild is the general contractor for the property, which was formerly addressed as 14 Clay Street and is bound by the confluence of Commercial and Clay Streets to the north, Dupont Street to the south, and Franklin Street to the west.

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