A lottery is set to launch on Saturday for 240 affordable apartments in Brooklyn’s East New York neighborhood. The units are spread across a brand new mixed-use development, the Livonia Apartments, located at 453 Hinsdale Street, 500 Livonia Avenue, and 487 Livonia Avenue. Designed by Magnusson Architecture and Planning (MAP), the four-building development sits adjacent to the L Train at Livonia Avenue. Qualifying New Yorkers earning 30, 40, 50 and 60 percent of the area median income can apply for the units, ranging from $395/month studios to $1,339/month three-bedrooms.
Blog Archives →
Mayor Bill de Blasio in June announced the city would help landlords create and renovate legal basement and cellar apartments in Brooklyn. This includes making the apartments up to code by ensuring proper safety requirements and windows, among other modifications. As a part of the pilot program, homeowners can apply for the basement pilot program through a city-approved, community-based organization. “This program will increase the stock of affordable housing in East New York, provide additional income to homeowners, and ensure tenant safety,” de Blasio said. The deadline for the basement conversion program is August 15 (h/t City Limits).
As he proposes funding cuts to the Department of Housing and Urban Development’s subsidized housing programs, President Donald Trump is set to gain millions of dollars from the sale of an affordable housing complex in East New York, best known as Starrett City. Investors, including Trump who owns a 4 percent stake in the development, sold the 46-building complex to two real estate firms for $906 million, ABC News reported Tuesday. Trump is set to profit about $36 million from the sale (an amount which could drop after mortgage costs and transfer taxes). Home to roughly 15,000 residents across 145 acres, Starrett City is the largest federally subsidized housing project in the country.
Rendering via Dattner Architects
A mixed-use development will bring 1,165 fully-affordable units to the Brooklyn neighborhood of East New York, an evolving community in need of new and preserved housing. Dattner Architects released this week new renderings of the development, dubbed Atlantic Chestnut after the two streets it will face (h/t CityRealty). The complex, which will include three 14-story buildings, sits on 4.5 acres and measures over a million square feet. The three buildings will be completed in successive phases, with the first scheduled to wrap up in 2020, the second in 2021 and the third in 2022.
Image: Ed Reed/Mayoral Photography Office
An announcement Tuesday by the New York City Department of Housing Preservation and Development (HPD) gave lower-income New Yorkers lots to look forward to–literally. HPD Commissioner Maria Torres-Springer announced that nine development teams would be creating 490 affordable apartments and homeownership opportunities on 87 vacant lots through the department’s New Infill Homeownership Opportunities Program (NIHOP) and Neighborhood Construction Program (NCP). The programs were designed specifically to unlock the potential of vacant lots long considered too small or irregular for traditional housing with innovative smaller homes, and develop more affordable housing on lots long used for parking at existing housing complexes. This latest round of development is the third and final in a series: The program has already seen the construction of over 600 affordable homes on 81 lots.
Photo courtesy of Airbnb
Airbnb is responsible for the loss of between 7,000 and 13,500 long-term rental units in New York City while increasing the median long-term rent in the city by $380 a year, says a new report from McGill University. The study, commissioned by the union Hotel Trades Council, also found 87 percent of entire-home reservations are considered illegal under state law (h/t Politico NY). Mayor Bill de Blasio last year announced his plan to expand the city’s Office of Special Enforcement to crack down on illegal short-term rentals; it is illegal for NYC landlords to rent entire apartments for fewer than 30 days.
Rendering of Edwin’s Place via Robert AM Stern Architects
The New York City Planning Commission on Wednesday unanimously approved a proposal for 125 affordable units designed by Robert A.M. Stern Architects at 3 Livonia Avenue in Brownsville. The proposed Brooklyn development, called Edwin’s Place, would feature an eight-story building with 69 one-, two-, and three-bedroom units and 56 studios. Edwin’s Place is being developed by nonprofit partners Breaking Ground and the African American Planning Commission, Inc. The proposal, which won approval from Brooklyn Borough President Eric Adams and Community Board 16, will move on to the City Council for a final review.
Four years ago, the Cypress Hills Local Development Corporation filed plans for a mixed-use building at 2501 Pitkin Avenue in East New York. The seven-story building known as the Pitkin Berriman Apartments has more than 3,000 square feet of street-level retail space that includes a grocery store, outdoor spaces such as a rear yard patio, playground, and garden, and affordable rentals. Those below-market-rate apartments are now available to low- and middle-income New Yorkers earning 40, 50, or 60 percent of the area median income through the city’s housing lottery. The 47 available units range from $558/month one-bedrooms to $1,224/month three-bedrooms.
The owners of Starrett City, the largest federally subsidized housing project in the country, recently announced they found a buyer for the $850 million Brooklyn development. Located in East New York, Starrett City sits on 145 acres and includes 5,881 affordable apartments for 15,000 residents. As the New York Times reported, President Donald Trump partially owns the housing development and will benefit from the sale of the property. Since the sale requires federal approval from the Department of Housing and Urban Development and state officials, this puts the president on both sides of the agreement, creating a potential conflict of interest for him.
428 Saratoga Avenue, courtesy of Dattner Architects
Back in April of 2016, 6sqft shared the first affordable housing lottery to come online at the Dattner Architects-designed Prospect Plaza. Located in the Brownsville section of East New York–which has seen a slew of new below-market rate housing after a controversial rezoning–the 4.5-acre development will include a total of 364 units of of affordable and public housing, a 22,000-square-foot supermarket, 12,000-square-foot community facility, and a rooftop greenhouse. As of today, New Yorkers earning 40, 50, and 60 percent of the area median income can apply for 107 of these apartments at 428 Saratoga Avenue, ranging from $558/month one-bedrooms to $1,224/month three-bedrooms.