Affordable housing

61 Schaefer Street in Bushwick, Brooklyn. All images courtesy of NY Housing Connect

Housing Lottery Launches for 61 Schaefer Street in Bushwick, Brooklyn

The affordable housing lottery has launched for 61 Schaefer Street, a four-story residential building in Bushwick, Brooklyn. The 7,343-square-foot masonry development was designed by ARC Architecture + Design Studio and yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,286 to $139,620.

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Excavation Underway for Broome Street Development at 55 Suffolk and 64 Norfolk Streets on Manhattan’s Lower East Side

Excavation has begun at 55 Suffolk Street and 64 Norfolk Street, the site of Broome Street Development, a mixed-use complex on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the project encompasses two buildings spanning a combined 387,223 square feet that will yield 488 rental units, of which 43 percent will be dedicated to permanently affordable homes. Both buildings will rise by the intersection of Broome and Norfolk Streets.

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Construction Completes on The Artisan at 180 Broome Street in Essex Crossing, Lower East Side

Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.

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