The affordable housing lottery has launched for 1073 Summit Avenue, a ten-story residential building in Highbridge, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 105 residences. Available on NYC Housing Connect are 32 units for residents at 120 percent of the area median income (AMI), ranging in eligible income from $54,858 to $154,680.
Westchester County’s Industrial Development Agency has approved two substantial multifamily rental properties in downtown White Plains. Referred to simply as the IDA, the agency works to facilitate diversification and urbanization of the county through the construction of vibrant mixed-use developments. Together these new properties will create 346 new apartments and represent $131 million in private investment.
The affordable housing lottery has launched for 425 Grand Concourse, a 26-story mixed-use building in Mott Haven, The Bronx. Designed by Dattner Architects, the structure yields 277 residences, a neighborhood supermarket, a community health center, a cultural center, and a 30,000-square-foot educational facility for CUNY’s Hostos Community College. Available on NYC Housing Connect are 248 units for residents at 30 to 130 percent of the area median income (AMI), ranging in eligible income from $15,360 to $192,400.
The affordable housing lottery has launched for 14 Duffield Street, a six-story residential building in Downtown Brooklyn. Designed by WJH Architect, the structure yields 12 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $82,286 to $167,570.
Façade installation is approaching the 1,066-foot pinnacle of the The Brooklyn Tower, a 93-story residential supertall skyscraper at 9 DeKalb Avenue in Downtown Brooklyn and the tallest structure in the outer boroughs. Designed by SHoP Architects and developed by JDS Development, the building will yield 550 residences, with 150 for purchase, as well as a 100,000-square-foot retail podium bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, and DeKalb Avenue to the south. This public portion of The Brooklyn Tower will utilize the landmarked Dime Savings Bank of Brooklyn, which is being renovated. Douglas Elliman is serving as the exclusive marketing, sales, and leasing agent for the property. YIMBY last reported that 30 percent of rentals are designated as affordable housing units, and residences for purchase start over 500 feet above street level.
