Affordable housing

Housing Lottery Launches for Lincoln At Bankside, at 101 Lincoln Avenue in Mott Haven, The Bronx

7:00 am on February 25, 2023 By Vanessa Londono

The affordable housing lottery has launched for Lincoln at Bankside, a 25-story residential building at 101 Lincoln Avenue in Mott Haven, The Bronx. Designed by Hill West Architects and developed by Brookfield, the structure yields 921 residences. Available on NYC Housing Connect are 145 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,572 to $215,150.

Rendering of 130 Hope Street - J Frankl Associates

Construction Nears Completion at 130 Hope Street in Williamsburg, Brooklyn

7:30 am on February 23, 2023 By Sebastian Morris

Construction is nearly complete on 130 Hope Street, a seven-story residential building in Williamsburg, Brooklyn. Designed by J Frankl Associates and developed by Clipper Equity, the structure will eventually comprise 143 rental units, ground-floor retail space, and a collection of tenant amenity spaces. The property was formerly addressed as 134 Hope Street and is expected to debut this spring.

550 Tenth Avenue Rises Above Street Level, in Hell’s Kitchen, Manhattan

8:00 am on February 22, 2023 By Michael Young

Construction on 550 Tenth Avenue is quickly unfolding as the first floor of the 47-story residential skyscraper takes shape in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the ground-up 520-foot-tall reinforced concrete superstructure will span 430,000 square feet and yield a total of 453 rental units, with 137 residences for moderate and middle incomes, as well as 9,000 square feet of commercial retail space, over 20,000 square feet of residential amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the Midtown, Manhattan property, which is located along Tenth Avenue between West 40th and 41st Streets.

Housing Lottery Launches for 4435 White Plains Road in Wakefield, The Bronx

6:30 am on February 21, 2023 By Vanessa Londono

The affordable housing lottery has launched for 4435 White Plains Road, a seven-story mixed-use building in Wakefield, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 82 residences. Available on NYC Housing Connect are 27 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $187,330.

Daytime view of Riverdale Osborne Towers

Developers Close on $100M Refinance for Riverdale Osborne Towers in Brownsville, Brooklyn

7:00 am on February 20, 2023 By Sebastian Morris

The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.

Housing Lottery Launches for The Bronx Grove at 261 East 202nd Street and 207 East 203rd Street in Bedford Park, The Bronx

7:00 am on February 18, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Bronx Grove, two 11-story buildings at 261 East 202nd Street and 207 East 203rd Street in Bedford Park, The Bronx. Designed by Aufgang Architects and developed by Peter Fine, the structures yield 127 residences. Available on NYC Housing Connect are 127 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $0 to $132,400.

Façade Installation Progresses on 1841 Broadway on Manhattan’s Upper West Side

7:30 am on February 17, 2023 By Michael Young

Façade work continues on 1841 Broadway, a 25-story residential tower on Manhattan’s Upper West Side. Designed by INC Architecture & Design with SLCE Architects as the architect of record and developed by Global Holdings Management Group, the 281-foot-tall structure will span 180,813 square feet and yield 173 market-rate and affordable housing units and 11,741 square feet of retail space on the first two levels. Pavarini McGovern is the general contractor and DeSimone Consulting Engineers is the façade consultant for the property, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwest corner of Central Park.

Housing Lottery Launches for Twin Parks Terrace in Fordham Heights, The Bronx

6:30 am on February 17, 2023 By Vanessa Londono

The affordable housing lottery has launched for Twin Parks Terrace, a 14-story mixed-use building at 373 East 183rd Street in Fordham Heights, The Bronx. Designed by Danois Architects and developed by NYC Housing Authority, the structure yields 181 residences and 11,000 square feet of retail space. Available on NYC Housing Connect are 135 units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $22,012 to $132,400.

New rendering of North Cove at 373 West 207th Street (aka 375 West 207th Street) - Aufgang Architects

Developers close on $288M to Complete North Cove at 373 West 207th Street in Inwood, Manhattan

7:30 am on February 16, 2023 By Sebastian Morris

Joy Construction Corporation and Maddd Equities have secured $288 million in financing to complete North Cove, a 100-percent affordable housing tower at 373 West 207th Street in Inwood, Manhattan. Designed by Aufgang Architects, the 30-story building will comprise 611 apartments, a collection of amenity spaces, 60,000 square feet of retail on the lower levels, and 120 parking spaces.

Housing Lottery Launches for Parkside Manor at 148-29 90th Avenue in Jamaica, Queens

7:00 am on February 16, 2023 By Vanessa Londono

The affordable housing lottery has launched for Parkside Manor, a nine-story residential building at 148-29 90th Avenue in Jamaica, Queens. Designed by Raymond Chan Architect, the structure yields 90 residences and 45 parking spaces. Available on NYC Housing Connect are 27 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $43,612 to $187,330.

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Affordable housing

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