Affordable housing

Affordable Housing Lottery Launches for 282 Grand Street on Manhattan’s Lower East Side

The affordable housing lottery has launched for 282 Grand Street, a seven-story residential building on the Lower East Side of Manhattan. Designed by DeFonseca Architects and developed by Prosper Property Group, the structure yields 25 residences. Available on NYC Housing Connect are eight units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $54,755 to $156,130.

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100 Flatbush Avenue Tops Out At The Alloy Block in Downtown Brooklyn 

Construction has topped out on 100 Flatbush Avenue, a 44-story residential tower at Alloy Block in Downtown Brooklyn. Designed and developed by Alloy Development, the 482-foot-tall structure will be powered entirely by electricity and will yield 441 units with 396 at market rate and 45 dedicated to affordable housing, the latter of which are being developed with Fifth Avenue Committee. The full five-building Alloy Block masterplan will encompass 850 units with 200 permanently affordable apartments, 100,000 square feet of Class A office space, 50,000 square feet of retail space, 500 parking spaces for bikes, two Passive House public schools designed by Architecture Research Office, and space for a local cultural institution. Urban Atelier Group is the general contractor for the property, which is bound by Flatbush Avenue to the northeast, Third Avenue to the northwest, and State Street to the southwest.

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Tree of Life, at 89-46 164th Street in Jamaica, Queens. Courtesy of NY Housing Connect

Tree of Life Affordable Housing Development Debuts at 89-46 164th Street in Jamaica, Queens

Construction is now complete on Tree of Life, a new affordable housing project at 89-46 164th Street in Jamaica, Queens. Developed in collaboration by First Jamaica Community and Urban Development Corporation (FJCUDC) and Bluestone Organization and designed by GF55 Architects, the 12-story building comprises 174 affordable units for a range of incomes from extremely low to moderate- and middle-income households. A total of 53 apartments will be permanently affordable under the city’s inclusionary housing program.

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New York State Governor Kathy Hochul celebrates the East Harlem Downtown Revitalization Investment with community leaders

New York State Awards $10M Downtown Revitalization Investment Grant to East Harlem, Manhattan

Manhattan’s East Harlem neighborhood is the latest recipient of a $10 million Downtown Revitalization Investment (DRI) grant. Backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA, the award is part of a statewide initiative to support community enhancement projects that improve walkability, create new public outdoor spaces, enhance existing parks, and create new opportunities for local artists and small businesses.

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Housing Lottery Launches for 1010 Pacific Street in Crown Heights, Brooklyn

The affordable housing lottery has launched for 1010 Pacific Street, a nine-story residential building in Crown Heights, Brooklyn. Designed by J. Frankl Associates and Studio C Architecture and developed by Naresh Mahangu of NY Building Associates Inc., the structure yields 175 residences. Available on NYC Housing Connect are 53 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

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