Affordable housing


Rendering of Archer Towers at 163-05 Archer Avenue (Photos courtesy of Studio V Architecture)

BRP Companies, JLL Partner to Finance Construction of Archer Towers in Jamaica, Queens

BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.

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Rendering of Rockaway Village via Marvel Architects

Permits Filed for the Third Phase of Rockaway Village in Far Rockaway, Queens

Permits have been filed for three mixed-use buildings at 20-12 and 21-02 Mott Avenue, and 17-21 Redfern Avenue in Far Rockaway, Queens. The three structures are part of Phase 3 of the Rockaway Village complex, a five-phase development bringing eight buildings with retail, community facilities, and 1,700 new affordable housing units to an under-utilized area near the Far Rockaway-Mott Avenue subway station, serviced by the A train. Non-profit developer Phipps Houses under the Mott Center, LLC is listed as the owner behind the applications. Marvel Architects is listed as the architect of record.

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New Renderings Reveal Dattner’s 55 Suffolk Street on the Lower East Side

New renderings have been released for the Broome Street Development at 55 Suffolk Street and 64 Norfolk Street on Manhattan’s Lower East Side. Compromised of two mixed-use buildings spanning an estimated total of 387,223 square feet, components include the headquarters for the Chinese-American Planning Council, the Beth Hamedrash Hagodol synagogue, 488 rental housing units with 43% of units specified as permanently affordable, and retail. Gotham Organization is listed as the owner behind the applications filed earlier this year with Dattner Architects as the architect of record.

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