Affordable housing

Rendering of The Peninsula affordable housing campus - WXY Architecture + Urban Design

Developers Secure $297M to Complete Phase Two of The Peninsula Affordable Housing Complex in Hunts Point, The Bronx

Gilbane Development Company, Hudson Companies, and MHANY Management have secured $297 million to complete phase two of The Peninsula, a mixed-use, 100-percent affordable housing complex in Hunts Point, The Bronx. The five-building master plan is being designed by WXY Architecture + Urban Design and Body Lawson Associates, Architects & Planners and will be delivered in three phases.

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Affordable Housing Lottery Launches for 584 4th Avenue in Gowanus, Brooklyn

The affordable housing lottery has launched for 584 4th Avenue, a nine-story mixed-use building in Gowanus, Brooklyn. Designed by ND Architecture & Design and developed by Yoel Werzberger under the Watermark Capital LLC, the structure yields 48 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,286 to $198,250.

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Outdoor Amenities To Open in Time for Summer at 595 Dean Street in Prospect Heights, Brooklyn

YIMBY recently went on a tour of the amenities at 595 Dean Street, a two-tower residential development within the Pacific Park master plan in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the 28-story East Tower and 23-story West Tower hold a combined unit count of 798 rental apartments ranging from studios to two-bedroom layouts, with 240 offered through the affordable housing lottery on NYC Housing Connect. In addition to 28,750 square feet of outdoor amenity space, exclusive to residents, this development is contributing nearly 60,000 square feet of public park and plaza space, designed by landscape architecture firm MNLA.

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Housing Lottery Launches for Marion Creston Apartments in Bedford Park, The Bronx

The affordable housing lottery has launched for Marion Creston Apartments, two new residential buildings at 2997 Marion Avenue and 2861 Creston Avenue in Bedford Park, The Bronx. Palette Architecture designed the seven-story structure at 2861 Creston Avenue and David Cunningham Architecture is responsible for 2997 Marion Avenue, and both are developed by John V. Waters of NFW Group. Available on NYC Housing Connect are 25 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $18,515 to $122,000.

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