Arker Companies

134 affordable apartments available at massive Far Rockaway development, from $617/month

Rendering by Aufgang Architects

April 19, 2024

134 affordable apartments available at massive Far Rockaway development, from $617/month

Applications are now being accepted for 134 affordable apartments at a new residential complex in Far Rockaway. The apartment building is part of the first phase of Edgemere Commons, an 11-tower development with over 2,000 affordable homes, retail, community space, health care facilities, and outdoor public space. New Yorkers earning 30, 60, and 80 percent of the area median income, or between $24,480 for a single person and $140,080 for a household of seven, can apply for the apartments, priced from $617/month for one-bedroom homes to $2,665/month three bedrooms.
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Affordable Housing

Construction begins on massive $100M affordable complex in Far Rockaway

All renderings by Aufgang Architects

May 27, 2022

Construction begins on massive $100M affordable complex in Far Rockaway

By Aaron Ginsburg

Construction officially kicked off on a huge housing development that will rise on a former hospital site in Far Rockaway. Edgemere Commons is an 11-building complex with more than 2,000 affordable homes, retail, community space, medical facilities, and outdoor public space planned. The first phase involves the construction of a 17-story building with 194 homes.
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44 units available at new Williamsburg building designed for seniors, from $1,041/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

April 22, 2022

44 units available at new Williamsburg building designed for seniors, from $1,041/month

By Aaron Ginsburg

Applications are currently being accepted for 44 low-income units at a new senior-housing development in Brooklyn. Located at 64 Scholes Street in Williamsburg, the 8-story building is dedicated to providing senior residents with affordable housing. New Yorkers earning 60 percent of the area median income, or between $38,263 annually for a single person and $57,300 for a household of two, are eligible to apply for the apartments, which cost $1,041 per month.
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Affordable Housing

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

All renderings by Aufgang Architects

November 15, 2019

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

By Dana Schulz

The City Council voted yesterday to give the go-ahead to the Arker Companies' massive redevelopment of the former Peninsula Hospital site in Far Rockaway. Named Edgemere Commons, the 11-building project in the Edgemere neighborhood will include 2,050 units of affordable housing, the largest such project by a private developer under the de Blasio administration. It will also have commercial, community facility, and retail space, including a new supermarket, as well as a playground and a public plaza (rendering also show, of course, a food hall). After 104 years, the hospital closed in 2012 due mainly to financial troubles. The Edgemere Commons project hopes to "reactivate the site" and "spur economic growth in Far Rockaway," according to a press release.
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City selects de Blasio donors to build pair of towers on NYCHA property in Boerum Hill

Rendering of 120 3rd Avenue via Aufgang Architects

January 26, 2018

City selects de Blasio donors to build pair of towers on NYCHA property in Boerum Hill

By Devin Gannon

The city announced on Thursday their selection of two developers, Arker Companies and Two Trees Management, to build two 16-story apartment towers on parking lots at Wyckoff Gardens, a New York City Housing Authority property in Brooklyn. However, according to the Daily News, the owners of both companies have raised a total of $124,600 for Mayor Bill de Blasio, bringing into question the influence of donations on the city's choice of the two developers.
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March 9, 2016

Affordable Housing Lottery at Colgate Close Starts in Soundview, Priced $696/Month

By Ondel Hylton

In the Soundview neighborhood of the Bronx, the Arker Companies has commenced the affordable housing lottery process for their latest ground-up building, Colgate Close. Located at 1092 Colgate Street, where the semi-industrial area along the Bronx River evolves into a low-scale residential community, the five-story complex will contain 32 studio and one-bedrooms targeted for low-income households earning between $25,200 and $30,250 for a single person and $27,052 and $41,460 for two people. Depending on income, studios will be priced at $696 or $847 per month and one-bedrooms at $749 and $910 per month.
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Arker Companies

134 affordable apartments available at massive Far Rockaway development, from $617/month

Construction begins on massive $100M affordable complex in Far Rockaway

44 units available at new Williamsburg building designed for seniors, from $1,041/month

2,050 affordable apartments coming to former Peninsula Hospital site in Far Rockaway

City selects de Blasio donors to build pair of towers on NYCHA property in Boerum Hill

Affordable Housing Lottery at Colgate Close Starts in Soundview, Priced $696/Month

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