affordable housing

affordable housing, Policy

NYC plans to sell $1B in NYCHA air rights to developers

By Devin Gannon, Today, December 13, 2018

NYC, New York City

Via Creative Commons

The New York City Housing Authority will sell its unused air rights to developers for the first time ever, Mayor Bill de Blasio announced on Wednesday. The authority said it will transfer a portion of its 80 million square feet of air rights to generate $1 billion in capital repairs for nearby developments. The air rights announcement is one part of a 10-year plan the mayor unveiled, called NYCHA 2.0, which aims to resolve $24 billion in necessary repairs at public housing. In total, the agency needs nearly $32 billion over five years for necessary repairs.

Get the details

affordable housing, East New York, gentrification

east new york, CCC, affordable housing

Via Practice for Architecture and Urbanism

A Christian megachurch in East New York is partnering with the Gotham Organization to redevelop their East New York campus into a mixed-income community, or “urban village” as Reverend A.R. Bernard calls it, of 2,100 affordable units and neighborhood amenities. The plan from the Christian Cultural Center, led by Bernard, will supplement the existing church at 12020 Flatlands Avenue in Brooklyn and create a community with CCC at its core.

Find out more

affordable housing, Policy, real estate trends

Via City Realty

In an effort to demystify property ownership and management company networks across New York City, JustFix.nyc, a Brooklyn-based tenant advocacy nonprofit, launched a new tool today to help tenants easily obtain the information they need to deal with difficult landlords. The free tool, available at WhoOwnsWhat.nyc, aims to cut through some of the opaque practices of landlords, like the tendency to use a shell company or LLC to preserve their anonymity. The platform makes it possible to connect dots that are often hidden and will provide tenants, housing advocates, and local officials with the information to fight speculative behavior, harassment, and discrimination.

Find out how it works

affordable housing, Policy

queensbridge houses, nycha, public housing nyc

Via Wikimedia

The New York City Housing Authority will turn over 62,000 apartments to private developers as a way to provide necessary repairs to the units, Mayor Bill de Blasio announced on Monday. Through a public-private partnership, via the Rental Assistance Demonstration program (RAD), all units will be converted into Section 8 and remain permanently affordable. Renovations, which will cost nearly $13 billion, include new kitchens and bathrooms, improved common spaces, and replacing windows, boilers, roofs, and elevators. About 142,000 New Yorkers across the developments will benefit from the repair work.

Find out more

affordable housing, Long Island City, Policy

Rendering of Plaxall’s proposed, but not yet approved, mixed-use LIC project courtesy of WXY architecture + urban design

A plan to create 1,500 units of affordable housing in the Anable Basin area of Long Island City will most likely be scrapped, as Amazon prepares to open its headquarters on that same land, Politico reported. Amazon announced this week plans to bring its second headquarters to the Queens neighborhood on land currently owned by plastics company Plaxall, as well as some parcels owned by New York City. Previous plans from Plaxall and the city, who hired developer TF Cornerstone to build a mixed-use campus at the site, called for 1,250 and 250 units of affordable housing, respectively. But an Amazon spokesperson told Politico there will be no housing at its new complex.

Amazon in, affordable housing out

affordable housing, housing lotteries, Long Island City

Photo via CityRealty

With speculation about Amazon’s chosen HQ2 cities landing on Long Island City this week, the questions of transportation and affordability in the neighborhood have come to the forefront. And a new affordable housing lottery in the area does not look good for the latter. As of tomorrow, New Yorkers earning 130 percent of the area median income can apply for 10 units at the newly constructed, mixed-use rental 40-05 Crescent Street. Located on the border of Astoria, the building houses 32 rentals, an underground parking garage, and two floors of manufacturing space. The “affordable” units range from $2,125/month studios to $2,741/month two-bedrooms.

See what the qualifications are

affordable housing, housing lotteries, Williamsburg

This new luxury rental in the heart of Williamsburg is offering the best of the neighborhood, located just steps from the East River waterfront and the Bushwick Inlet Park, as well as all of the trendy eateries and hot spots. The building at 56 North 9th Street launched a lottery on Tuesday for nine affordable apartments, all which boast floor-to-ceiling windows, high ceilings, and state-of-the-art appliances. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from a $907/month studio to a $1,165/month two bedroom.

Find out if you qualify

affordable housing, Bronx, housing lotteries

1017 Home Street, Foxhurst, Housing Lottery

Via New York Housing Conference

Applications are now being accepted for 43 affordable senior housing apartments in the Foxhurst neighborhood of the Bronx. Formerly home to the Home Street Presbyterian Church, the new residential building at 1017 Home Street offers amenities like an on-site super, lounge, fitness center, bike room, a roof terrace, and card-operated laundry. Available studio and one-bedroom apartments are set aside for seniors who are 62 years or older and who earn a maximum of $41,750 per year. Eligible residents pay 30 percent of their income and must qualify for Section 8.

Find out if you qualify

affordable housing, Bronx, housing lotteries

1530 Story Avenue, Soundview, affordable housing

Rendering via L+M Development

A housing lottery launched on Monday for 211 mixed-income apartments in a new South Bronx building. Located at 1530 Story Avenue, the rental is part of the Lafayette-Boynton residential complex in the neighborhood of Soundview and is one of two new structures at the site developed by Nelson Management Group and L+M Development Partners. Qualifying New Yorkers earning 60, 90, 95, and 125 percent of the area median income can apply for the batch of units, which range from $865/month studios to $2,184/month three-bedrooms.

Find out if you qualify

affordable housing, Bed Stuy, housing lotteries

A new rental building just a few blocks from the Myrtle-Willoughby Avenue G train stop in Bed-Stuy is opening an affordable housing lottery for 20 apartments. Conveniently, the 65-unit building at 633 Marcy Avenue will have a supermarket in its base, as well as a laundry room, gym and yoga room, kids room, and a landscaped roof terrace. The affordable units are open to households earning 80 or 130 percent of the area median income. Those on the lower end range from $1,102/month one-bedrooms to $1,327/month two-bedrooms. On the other end, however, the savings are minimal, as they range from $2,207 one/bedrooms to $2,665 two/bedrooms. Currently, the market-rate two bedrooms are going for $2,800/month.

See if you qualify

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