The affordable housing lottery has launched for 2351 Lorillard Place, a nine-story residential building in Belmont, The Bronx. Designed by Leandro Nils Dickson Architect and developed by Westbridge Realty Group, the structure yields 90 residences. Available on NYC Housing Connect are 18 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $58,046 to $152,700.
Construction has broken ground on The Willow, a six-story affordable senior housing development at 1033 Willow Avenue in Hoboken, New Jersey. Designed by KNTM Architects and developed by the City of Hoboken in partnership with Community Investment Strategies, the project will deliver 36 deed-restricted affordable apartments for residents aged 55 and older, marking the first new 100-percent affordable senior housing development built in Hoboken in more than 30 years. The property is located at the southeast corner of Willow Avenue and 11th Street.
The affordable housing lottery has launched for Columbia Commons 1, an eight-story structure in a three-building complex at 498 Columbia Street in Red Hook, Brooklyn. Designed by Aufgang Architects, the structure yields 369 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $30,446 to $183,200.
Developers have secured a $214 million financing package for Sol on Park, an affordable housing development at 3728 Park Avenue in Claremont, The Bronx. Designed by Magnusson Architecture and Planning and developed through a partnership between NYCHA, the New York City Department of Housing Preservation and Development (HPD), the New York City Housing Development Corporation (HDC), The NRP Group, Selfhelp Realty Group, and Foxy Management, the structure will deliver 229 permanently affordable apartments for older New Yorkers. The project is located at the northeast corner of Park Avenue and St. Paul’s Place, on New York City Housing Authority’s (NYCHA) Morris Houses campus.
The affordable housing lottery has launched for 645 Park Place, an eight-story residential building at 711 Franklin Avenue in Crown Heights, Brooklyn. Designed by DXA Studio for the RW 705 Franklin LLC, the structure yields 58 residences. Available on NYC Housing Connect are 18 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $74,778 to $238,160.
