The affordable housing lottery has launched for 6375 Broadway, a seven-story residential building in North Riverdale, The Bronx. Designed by Marin Architects, the structure yields 65 residences and 36 parking spaces. Available on NYC Housing Connect are 23 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $187,330.
The Moinian Group and Bushburg have successfully closed on a $105 million construction loan to complete 2840 Atlantic Avenue, a rising property in East New York, Brooklyn that will include residential and affordable housing units, community space, lower-level retail, and 109 parking spaces.
Extell Development has broken ground on Hudson Piers, a $585 million project that will rank among the largest mixed-use developments in Westchester. Located on the Hudson River waterfront in Yonkers, Hudson Piers will yield a mix of market-rate housing, affordable apartments, and retail space, and will be completed in multiple phases over a six-year period.
The affordable housing lottery has launched for 25-28 30th Drive, a six-story residential building in Astoria, Queens. Designed by Gerald Caliendo and developers are Salvatore Lucchese and Philip Loria with The L Group, the structure yields 10 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $187,330.
Construction has topped out on 202 East 23rd Street, a 20-story residential building in Kips Bay, Manhattan. Designed by Hill West Architects and developed by SMA Equities, the 90,000-square-foot structure is being built to Passive House standards and will yield 108 units in studio to two-bedroom layouts, with 28 of the apartments designated for affordable housing. KSK Construction Group is the general contractor for the project, which is located at the corner of East 23rd Street and Third Avenue.
