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.
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.
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 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.
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.
