Affordable housing


Rendering of Willets Point stadium, via willetspointqueens.com

Phase Two Of Willets Point Affordable Housing Development Approved for Willets Point, Queens

On April 11, Mayor Eric Adams announced the City Council’s approval of phase two of Willets Point, a new affordable development in Queens. The approval is a notable step for the project, which is set to introduce the largest entirely affordable housing project seen in the city in four decades, as well as more than 150,000 square feet of new public open space, more than 20,000 square feet of retail space, a 250-key hotel, and a 25,000-seat stadium for the New York City Football Club.

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Housing Lottery Launches for 414 East 152nd Street in Melrose, The Bronx

The affordable housing lottery has launched for 414 East 152nd Street, an eight-story mixed-use building in Melrose, The Bronx. Designed by Baobab Architects and developed by Shaya Seidenfeld of MZS Realty Corp., the structure yields 44 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $198,250.

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The Alloy Block Wraps Up Construction At 505 State Street in Downtown, Brooklyn

Work is wrapping up on 505 State Street, a 44-story residential tower in the Alloy Block complex in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall, fully electric-powered structure will yield 441 rental units, with 45 dedicated to affordable housing developed in conjunction with the Fifth Avenue Committee. The Alloy Block master plan will offer 50,000 square feet of retail space, space for a local cultural institution, 500 bicycle parking spaces, and two schools: the Khalil Gibran International Academy High School (KGIA) at 380 Schermerhorn Street designed by Architecture Research Office, and an elementary school at 489 State Street. Urban Atelier Group is the general contractor for the property, which was formerly addressed as 100 Flatbush Avenue and is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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