Affordable Housing

October 3, 2024

Elizabeth Street Garden served eviction notice by city

Despite last-ditch efforts from New York City icons like Martin Scorsese and Robert De Niro, Little Italy's Elizabeth Street Garden received an eviction notice from the city this week. The nonprofit that oversees the garden said they have two weeks to vacate as the city moves forward with plans to build affordable senior housing and retail space on the unique green space. Elizabeth Street Garden said it plans to "continue to work with our legal team to address the eviction."
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October 1, 2024

New Astoria rental launches lottery for 28 middle-income apartments, from $2,275/month

On a central Astoria block, a brand new rental is launching a lottery for below market-rate apartments. At 29th Street and Broadway, the Amara offers high-end apartments and amenities, including a parking garage and electric vehicle charging. Qualifying New Yorkers earning 130 percent of the area median income can apply for the 28 middle-income apartments, priced from $2,275/month studios to $3,700/month two-bedrooms.
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September 26, 2024

NYC’s first mixed-use affordable housing and industrial development opens in Brownsville

New York City’s first mixed-use development combining affordable housing and manufacturing space is now complete in Brownsville. The $118 million project converted the former Fox's U-Bet Chocolate Syrup factory into 39,000 square feet of light industrial space on the ground floor with 174 units of affordable and supportive housing above it. Designed by THINK! Architecture and Design, the complex addresses two city priorities by adding affordable housing and supporting new jobs.
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September 25, 2024

‘City of Yes’ housing plan approved by City Planning Commission

In a win for Mayor Eric Adams, the City of Yes housing proposal has cleared the first hurdle of the approval process. The City Planning Commission (CPC) on Wednesday voted 10 to 3 to approve Adams' City of Yes for Housing Opportunity plan, which aims to address New York City's housing shortage by creating more than 100,000 new homes over the next 15 years through a series of zoning changes. Now, the plan heads to the City Council, where a more contentious debate is expected, as some council members have already voiced opposition to several major proposed changes in their districts.
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September 19, 2024

Phase two of Greenpoint Hospital conversion begins, adding 311 affordable homes

The Hudson Companies and St. Nicks Alliance on Wednesday, in collaboration with the city's Department of Housing Preservation and Development (HPD), broke ground on the second phase of Kingsland Commons, a transformation of the former Greenpoint Hospital campus into an affordable housing complex. Designed by Magnusson Architecture and Planning (MAP) and Architecture Outfit, this phase includes an 18-story building with 311 permanently affordable units for extremely low- and very low-income residents, including formerly homeless individuals and families.
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September 18, 2024

Astoria rental opens lottery for 43 luxury apartments, from $1,974/month

A housing lottery opened for 43 mixed-income apartments at a new residential development in Astoria. Located at 21-11 31st Avenue, the seven-story building offers luxury living, easy access to Manhattan, and endless dining, retail, and entertainment options. New Yorkers earning 80 and 130 percent of the area median income can apply for the one-bedroom apartments, priced at $1,974/month and $2,600/month.
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September 6, 2024

182 apartments available at huge luxury high-rise in Jamaica, from $1,596/month

Applications are now being accepted for 182 mixed-income apartments at a new luxury rental tower in Jamaica, Queens. Located at 163-05 Archer Avenue, the Monarch is a 24-story building with 605 apartments, state-of-the-art amenities, and retail space. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,596/month for one-bedroom units to $3,753/month for two bedrooms.
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August 30, 2024

Dumbo rental opens lottery for 66 luxury apartments, from $3,105/month

A lottery opened this week for 66 middle-income apartments at a residential complex in the Brooklyn neighborhood of Vinegar Hill, next to Dumbo. Located at 218 Front Street, the Lightwell is a seven-story, two-building development offering residents brand-new luxury apartments designed to seamlessly blend indoor and outdoor living. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $3,105/month for studios to $3,963/month for two bedrooms.
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August 27, 2024

Lottery opens for 90 mixed-income apartments at first Gowanus rezoning project, from $784/month

A housing lottery launched this week for 90 mixed-income apartments at the first residential project developed under the Gowanus rezoning. The two-tower rental at 420 Carroll Street includes 360 apartments, 25 percent of which are priced below market rate, commercial space, and a new public promenade along the Gowanus Canal. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the units, priced from $784/month for studios to $3,298/month for three bedrooms.
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August 23, 2024

165 affordable apartments available at new Brownsville housing complex, from $454/month

Applications are now being accepted for 165 affordable apartments at a new housing complex in Brownsville, Brooklyn. Located at 589 Christopher Avenue, the building is the second and final phase of Ebenezer Plaza, a sprawling mixed-use development bringing much-needed affordable housing to the community. New Yorkers earning 30, 50, 70, and 80 percent of the area median income can apply for the units, priced from $454/month for studios to $2,949/month for three bedrooms.
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August 23, 2024

Celebrities join last-minute effort to save Elizabeth Street Garden

With its eviction looming, Little Italy's Elizabeth Street Garden is throwing one last hail mary. New York celebrities Robert De Niro, Martin Scorsese, and Patti Smith penned letters to Mayor Eric Adams this week, asking him not to build an affordable senior housing development on the city-owned site of the community garden, a plan approved in 2019 but delayed by legal challenges. The A-listers join thousands of residents who oppose replacing the unique green space with apartments, despite the city's current housing crisis. Demolition of the garden could begin next month after the nonprofit that runs the space lost two separate court battles.
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August 21, 2024

Adams directs NYC agencies to find city-owned land for potential housing development

Mayor Eric Adams is finding new ways of meeting his goal of building 500,000 new homes in New York City over the next decade. The mayor on Wednesday signed an executive order directing every city agency to determine if housing can be built on property it owns. As the New York Times first reported, this could mean constructing new homes on properties like underused parking lots or garages.
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August 20, 2024

Harris proposes 3 million new homes, $25K in down payment assistance

Vice President Kamala Harris last week released several proposals to lower housing costs for Americans if elected. During a speech in North Carolina on Friday, Harris outlined her plans to construct three million new housing units, expand tax incentives for developers who build affordable rentals, encourage the construction of starter homes for first-time homebuyers, and provide $25,000 in down-payment assistance for first-time buyers.
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August 19, 2024

Landlords register more rent-stabilized units to avoid fines

Thousands more rent-stabilized apartments have been filed with the state of New York this year after a new law passed last year that fines landlords who fail to register units, as The City first reported. So far in 2024, roughly 919,500 apartments have been registered, up from between 750,000 and 800,000 registrations in recent years.
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August 19, 2024

Luxury rental near Fordham University opens lottery for 50 apartments, from $2,200/month

A housing lottery has opened for 50 mixed-income apartments at a new luxury rental near Fordham University in the Bronx. Located at 4720 3rd Avenue in Belmont, the Arabella offers residents brand-new units and modern amenities, all in a prime location. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $2,206/month for one-bedroom apartments to $3,950/month for three bedrooms.
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August 13, 2024

Converted 19th-century St. John’s College building in Bed-Stuy opens lottery, from $2,495/month

A 19th-century Romanesque Revival building in Bed-Stuy originally home to St. John's College is now a luxury rental building. The Hartby, located on the corner of Willoughby and Lewis Avenues, is an adaptive reuse conversion of the former school, designed in the 1870s by Patrick Keely, a prolific architect for the Catholic Church. Developed by Property Resources Corporation and designed by Woods Bagot, the Hartby opened a housing lottery for 62 rent-stabilized apartments this week. New Yorkers earning 130 percent of the area median income can apply for the residences, priced from $2,495/month for studios, $2,795/month for one-bedroom units, and $3,939/month for two-bedroom units.
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August 9, 2024

Hudson Yards high-rise opens lottery for 114 apartments, from $1,655/month

A new luxury rental in Hudson Yards opened a lottery this week for 114 mixed-income apartments. Rising 46 stories at 550 Tenth Avenue, the Maybury offers 453 residences with incredible views and 20,000 square feet of indoor and outdoor amenities, including a rooftop sky lounge. New Yorkers earning 70 and 125 percent of the area median income can apply for the units, priced from $1,655/month for studios to $3,861/month for two bedrooms.
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August 6, 2024

Adams announces more funding to help NYC homeowners build accessory dwelling units

New York City will expand a pilot program that helps homeowners build accessory dwelling units (ADUs) on their properties. Mayor Eric Adams this week announced an additional $4 million in state funding for the pilot program "Plus One ADU," launched last November. With the additional funds, the program will provide $395,000 to up to 35 homeowners to build or convert an ADU on their property.
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August 6, 2024

Live in a new Upper East Side rental tower, from $1,655/month

Here's a chance to live affordably in one of New York City's most desirable neighborhoods. A housing lottery opened at 300 East 83rd Street in the Yorkville section of the Upper East Side. The 22-story luxury rental, dubbed the Duchess, offers apartments with high-end finishes and amenities like a fitness center, rooftop terrace, and more. New Yorkers earning 70 and 130 percent of the area median income can apply for the units, priced from $1,655/month for studios to $4,020/month for two bedrooms.
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August 2, 2024

NYC Council loses lawsuit over housing voucher expansion

A state judge on Thursday rejected a lawsuit from the New York City Council that sought to force Mayor Eric Adams to expand a housing voucher program. Manhattan Supreme Court Judge Lyle E. Frank on Thursday ruled the City Council lacks the legal authority to expand the program, a 2023 law originally vetoed by Adams, The City reported. The judge sided with Adams, stating the Council's bill was invalid, "preempted by the state's social services law," and the council had no authority to expand the program.
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August 2, 2024

In heart of Harlem, new rental tower opens lottery for 117 affordable apartments, from $788/month

A housing lottery has launched for 117 affordable apartments at a new rental tower in the heart of Harlem. Located at 212 West 124th Street within the Marcus Garvey Village complex, the 17-story building is 100 percent affordable to low- and moderate-income residents and offers state-of-the-art amenities and modern homes. New Yorkers earning 40, 60, and 70 percent of the area median income can apply for the units, priced from $788/month for studios to $2,232/month for two bedrooms.
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August 1, 2024

Vacant East Village church to become 500+ affordable housing units

A former Catholic church in the East Village is set to become a residential development with more than 500 affordable housing units. The Archdiocese of New York on Wednesday announced the Parish of St. Brigid-St. Emeric sold the vacant church and school campus at 181 Avenue D to a joint venture led by Community Access, Spatial Equity, Duvernay + Brooks, and Cooper Square Committee. The project will include homes for seniors and formerly homeless individuals, including those with special needs who qualify for supportive services.
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July 30, 2024

Controversial Clinton Hill migrant shelter may become 600+ apartments

A controversial migrant center in Clinton Hill could be converted into a new mixed-use complex with hundreds of apartments and commercial space. RXR Realty on Friday filed plans with the Department of City Planning (DCP) to transform a block-long campus of 10 former manufacturing buildings at 47 Hall Street into a mixed-use campus with 611 apartments as Crain's New York first reported. Since last July, portions of the site have served as a temporary humanitarian emergency response and relief center, currently home to around 3,000 asylum seekers.
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July 30, 2024

NYC financed the most new affordable homes on record this fiscal year

New York City has produced a record-breaking number of affordable housing units for back-to-back years, Mayor Eric Adams announced Monday. In the fiscal year 2024, the city financed 28,944 affordable and public housing units through new construction and preservation efforts, the highest for any fiscal year. The mayor also touted his administration's effort to move a record number of homeless New Yorkers into permanent housing, streamline the housing lottery system, and build the most supportive homes and homes for homeless New Yorkers in the city's history.
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July 29, 2024

Affordable senior housing project next to Google’s new NYC headquarters moves forward

An affordable senior housing development in the West Village is moving forward. Jonathan Rose Companies and Atlas Capital Group last week announced they closed on financing for 570 Washington Street, a new development with 175 units of housing for seniors earning 50 percent of the area median income or less. Located next to Google's new Hudson Square headquarters, 570 Washington is the affordable housing component of the two-tower project 80 Clarkson, which will include over 100 luxury condos.
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