Affordable Housing

City expands 100 Gold Street redevelopment to nearly 4,000 new homes

Rendering: CetraRuddy Architects

September 22, 2026

City expands 100 Gold Street redevelopment to nearly 4,000 new homes

By Devin Gannon

A project that converts a Financial District office building into housing will now have 4,000 apartments, an increase of about 300 units from the original plan, Mayor Zohran Mamdani announced on Tuesday. First revealed by the city last year, the project replaces 100 Gold Street with a high-rise mixed-use development with new homes and a senior center. The updated plan comes ahead of the public review process and is part of a deal reached by the former administration to add new housing to the district in exchange for scrapping the development at Elizabeth Street Garden.
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Mamdani and Trump take Sunnyside Yard talks to ‘new level’ but announce no new details

Credit: Michael Appleton/Mayoral Photography Office on Flickr

September 22, 2026

Mamdani and Trump take Sunnyside Yard talks to ‘new level’ but announce no new details

By Aaron Ginsburg

During a meeting at Gracie Mansion on Monday, Mayor Zohran Mamdani and President Donald Trump said they spoke about plans to build 12,000 homes atop a city-owned rail yard in Queens but announced no new details on the proposed project. In a joint press conference following the meeting, their third since November, Mamdani said he and the president "agreed to set up a new level of that conversation" between City Hall and the White House on Sunnyside Yard, a proposal to build a deck over the 180-acre rail yard in Queens to create a new community with affordable apartments, schools, and public space. The proposal is years in the making. Former Mayor Bill de Blasio shelved an earlier version because of the pandemic, but Mamdani revived the project and pitched it to Trump during a White House visit in February.
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Apply for 44 affordable units at new Hell’s Kitchen rental, from $863/month

Images courtesy of Hudson Companies unless noted otherwise

September 21, 2026

Apply for 44 affordable units at new Hell’s Kitchen rental, from $863/month

By Aaron Ginsburg

More than 40 permanently affordable apartments are available at a new development in Hell's Kitchen. Standing nine stories at 806 Ninth Avenue, The Lirio transforms a parking lot into much-needed affordable housing, along with supportive units for formerly unhoused residents and office space for the MTA. New Yorkers earning 30, 77, 80, 100, or 120 percent of the area median income can apply for the apartments, with two-bedrooms priced between $863 and $3,650/month and three-bedrooms priced at $3,186/month.
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Affordable Housing

Work underway to convert former Chelsea prison into 131-unit affordable housing project

Rendering courtesy of COOKFOX

September 15, 2026

Work underway to convert former Chelsea prison into 131-unit affordable housing project

By Aaron Ginsburg

Work to convert a former state prison in Chelsea into permanently affordable housing is officially underway. Developed by Camber Property Group and Osborne Association and designed by COOKFOX, Chelsea Beacon transforms the long-vacant Bayview Correctional Facility at 550 West 20th Street into 130 permanently affordable homes, including supportive units and short-term transitional residences. The $167 million project, which broke ground this summer, redevelops an eight-story Art Deco building that was built in the 1930s as dorms for sailors, preserving its historic brick facade and second-floor chapel, while also adding an expansion to the original structure.
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Affordable Housing

40-story South Bronx tower launches lottery for 227 apartments, from $1,936/month

Photo of 355 Exterior Street © Ondel Hylton

September 3, 2026

40-story South Bronx tower launches lottery for 227 apartments, from $1,936/month

By Aaron Ginsburg

The tallest building in the South Bronx launched a housing lottery this week for 227 mixed-income apartments. Rising 40 and 26 stories over the Harlem River in Mott Haven, 355 Exterior Street is a massive two-tower development with more than 700 apartments, ground-floor retail, and luxury amenities. Developed by Beitel Group and designed by Hill West Architects, the project, dubbed One River Park, will also be among the tallest buildings in the Bronx, with just River Park Towers and Tracey Towers slightly larger. New Yorkers earning between 70 and 130 percent of the area median income can apply for the apartments, priced between $1,936/month and $2,850/month.
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Affordable Housing

29 affordable co-ops in West Harlem available, from $195K

505 West 134th Street. Streetview © 2026 Google

August 25, 2026

29 affordable co-ops in West Harlem available, from $195K

By Devin Gannon

Applications are currently being accepted for 29 affordable co-op apartments across three buildings in West Harlem. Located on West 134th Street between Broadway and Amsterdam Avenue in the Manhattanville section of Harlem, the buildings are part of a program that converts city-owned properties into affordable Housing Development Fund Corporation (HDFC) co-ops for low- and moderate-income households and renovates the units in the process. A housing lottery is now open for the apartments, which are eligible for New Yorkers earning 70 percent of the area median income (AMI). Prices range from $194,930 for a two-bedroom to $236,456 for a three-bedroom.
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Affordable Housing

NYC needs 700,000 new homes: See the unit target for every district

Photo by Joshua Armstrong on Unsplash

August 19, 2026

NYC needs 700,000 new homes: See the unit target for every district

By Aaron Ginsburg

New York City must create roughly 700,000 new homes over the next decade to address its housing shortage, according to a draft city report. Released Wednesday, the Fair Housing Growth Strategy report is an analysis of the city’s housing crisis, mandated under a 2023 City Council bill that called for an assessment of the city’s overall need for new housing. The report finds that the city’s current shortage is among the worst in recorded history, with a rental vacancy rate of just 1.4 percent. Among apartments with asking rents below $1,100, fewer than 0.4 percent are available.
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New DSNY facility on Staten Island paves the way for 200+ affordable homes

All images courtesy of DSNY unless noted otherwise

August 19, 2026

New DSNY facility on Staten Island paves the way for 200+ affordable homes

By Aaron Ginsburg

A new Department of Sanitation (DSNY) facility on Staten Island opened this week, paving the way for hundreds of new affordable homes. Mayor Zohran Mamdani on Tuesday announced the opening of two new DSNY garages on a 13.55-acre site at Fresh Kills, once New York City’s largest garbage dump. The $230 million project replaces the old Jersey Street garage on the borough’s North Shore, which will be demolished and replaced with a mixed-use affordable housing complex featuring 232 homes, a grocery store, amenities, and open space.
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18-story Park Slope rental opens lottery for affordable apartments, from $992/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

August 17, 2026

18-story Park Slope rental opens lottery for affordable apartments, from $992/month

By Aaron Ginsburg

More than 60 mixed-income apartments are available at a new 18-story residential development on the border of Park Slope and Gowanus. Located at 74 St. Marks Place, aka 85 4th Avenue, Solace offers open-layout residences designed with wellness in mind, complemented by a full floor of health-focused amenities. New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the units, priced from $992/month studios to $4,518/month two-bedrooms.
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Affordable Housing

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96 supportive and affordable homes coming to Hunts Point

Credit: The Doe Fund

August 4, 2026

96 supportive and affordable homes coming to Hunts Point

By Aaron Ginsburg

A new housing development in Hunts Point will deliver 96 supportive and affordable homes for formerly unhoused New Yorkers. Mayor Zohran Mamdani on Monday broke ground on the Doe Fund’s Casanova Residence at 658-674 Casanova Street in the Bronx. Of the 96 homes, 38 affordable units will be available through the city’s housing lottery system, while the remaining 58 units will be reserved for vulnerable populations.
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East New York affordable development opens lottery for 200+ units, from $830/month

Credit: Urban Architects Initiative

August 4, 2026

East New York affordable development opens lottery for 200+ units, from $830/month

By Aaron Ginsburg

A housing lottery launched last week for 209 affordable apartments as part of a huge new mixed-use community taking shape in East New York. The available units at 882 Fountain Avenue are part of the second phase of the Alafia development, a new 27-acre neighborhood with thousands of apartments and health and wellness amenities. New Yorkers earning 40, 60, and 70 percent of the area median income can apply for the units, priced from $830/month studios to $2,745/month three-bedrooms.
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Affordable Housing

Lottery opens for 169 affordable apartments in Morris Heights, from $777/month

Rendering Courtesy of Marvel Architects

July 20, 2026

Lottery opens for 169 affordable apartments in Morris Heights, from $777/month

By Aaron Ginsburg

Applications are currently being accepted for 169 affordable apartments in the Bronx. As part of the second phase of the two-building Starhill development in Morris Heights, 51 Featherbed Lane includes 244 residences, including 74 supportive housing units for formerly homeless individuals and families with on-site supportive services. New Yorkers earning 40, 50, and 60 percent of the area median income can apply for the units, priced from $777/month studios to $2,142/month three-bedrooms.
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Affordable Housing

See plan to add 1,100 apartments and new park across from the Intrepid Museum in Hell’s Kitchen

All renderings courtesy of Gov. Kathy Hochul’s Office

July 15, 2026

See plan to add 1,100 apartments and new park across from the Intrepid Museum in Hell’s Kitchen

By Aaron Ginsburg

Gov. Kathy Hochul on Wednesday announced the development team selected to transform a Hell's Kitchen parking lot used by the Intrepid Museum into a mixed-use development with more than 1,100 apartments. Gotham Organization, Fisher Brothers, and Mural Real Estate Group will turn the state-owned site at 621 West 45th Street into two connected skyscrapers with 1,127 homes, including about 338 affordable units, new facilities for the museum, and a public park that connects to the existing pedestrian bridge. The project stems from a request for proposals issued in February 2025 for one of the largest remaining undeveloped parcels on Manhattan’s Far West Side.
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East Village parking lot to become 130-unit affordable housing project

Renderings courtesy of SLCE Architects

July 13, 2026

East Village parking lot to become 130-unit affordable housing project

By Aaron Ginsburg

Plans to turn a police precinct parking lot in the East Village into a mixed-use affordable housing project moved forward on Monday. The city's Department of Housing Preservation and Development (HPD) announced the selection of Spatial Equity, Housing Works, Cooper Square Committee, and This Land Is Ours Community Land Trust to redevelop 324 East 5th Street into The Aurea, a 131-unit mixed-use development with a senior center, community space, and parking facilities. Plans for new housing at the site have been in the works since the Soho Noho rezoning in 2021.
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Red Hook rental opens lottery for 239 affordable apartments, from $777/month

Credit: NYC Department of Housing Preservation and Development

July 6, 2026

Red Hook rental opens lottery for 239 affordable apartments, from $777/month

By Aaron Ginsburg

Want to live closer to IKEA? A housing lottery opened for 239 mixed-income apartments in a new three-building residential complex in the heart of Red Hook, Brooklyn. Rising eight stories at 498 Columbia Street, the building is the largest of Columbia Commons, the first modern large-scale residential development in the waterfront neighborhood, according to the New York Real Estate Journal. New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the apartments, priced from $777/month studios to $2,668/month two-bedrooms.
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Affordable Housing

1,000-unit affordable and supportive housing project breaks ground in East Flatbush

Aerial rendering of Sparrow Square. Credit: Phillip Van Nostrand

June 18, 2026

1,000-unit affordable and supportive housing project breaks ground in East Flatbush

By Aaron Ginsburg

Work on a major affordable and supportive housing project with roughly 1,000 new homes officially broke ground in East Flatbush this week. Gov. Kathy Hochul on Wednesday announced the start of work on the first phase of Sparrow Square, a redevelopment of the Kingsboro Psychiatric Center Campus, as part of the Vital Brooklyn initiative to build 4,000 affordable homes in Central Brooklyn. Designed by Adjaye Associates with Hill West Architects as architect of record, the first phase includes two 10-story buildings with 261 affordable apartments, including 117 supportive homes for formerly homeless New Yorkers.
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NYC launches program to preserve 39K supportive housing units

Credit: Matthew Moloney on Unsplash

June 17, 2026

NYC launches program to preserve 39K supportive housing units

By Aaron Ginsburg

New York City has launched a program aimed at preserving existing supportive housing units for the most vulnerable New Yorkers. The Supportive Preservation Program (SPP), launched on Wednesday by the city’s Department of Housing Preservation and Development (HPD), will provide tax exemptions, below-market loans, and other financial assistance to ensure the long-term stability of supportive housing projects. The program is a key part of Mayor Zohran Mamdani’s “Block by Block” housing plan, which seeks to preserve the city’s roughly 39,000 supportive homes.
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Murray Hill high-rise rental opens lottery for 40 affordable apartments, from $969/month

Credit: NYC Department of Housing Preservation and Development

June 15, 2026

Murray Hill high-rise rental opens lottery for 40 affordable apartments, from $969/month

By Devin Gannon

Applications are currently being accepted for 40 mixed-income units at a new high-rise rental in Murray Hill. The Dian, located at 162 East 36th Street, is a 22-story luxury building with 160 apartments. Designed by Ismael Leyva Architects, the tower's design pays tribute to the city's Art Deco legacy with a facade of layered brick, limestone, and granite. Qualifying New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the apartments, priced from $969/month for a studio to $4,484/month for a two-bedroom.
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Affordable Housing

City Council unveils proposal to build affordable housing on top of libraries

Sunset Park Library and Apartments. Credit: Brooklyn Public Library

June 11, 2026

City Council unveils proposal to build affordable housing on top of libraries

By Aaron Ginsburg

The New York City Council wants to build affordable housing on top of public libraries to ease the current housing crisis. Council Speaker Julie Menin on Thursday called on the Mamdani administration to invest $60 million to support the redevelopment of three initial library sites, one in each of the city’s three public library systems. The plan builds on the city's existing model of co-locating affordable housing and libraries, including Bensonhurst’s New Utrecht Library, which the city issued a request for proposals for just this week, as well as ongoing projects at Grand Concourse and on the Upper West Side. Similar projects in Sunset Park and Inwood opened in 2023 and 2024, respectively.
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Nearly 195,000 people slept in NYC shelters in 2025, the most ever

Credit: Felton Davis on Flickr

June 10, 2026

Nearly 195,000 people slept in NYC shelters in 2025, the most ever

By Aaron Ginsburg

The number of New Yorkers sleeping in homeless shelters rose 27 percent under Mayor Eric Adams' four years in office, driven by overcrowded housing conditions and evictions, according to a new report. The Coalition for the Homeless released its annual "State of the Homeless" report, which found that the number of non-migrant New York City residents needing shelter grew by more than 12,000 between January 2022 and December 2025. Plus, last year, 194,531 individuals used the city's shelter system over the course of the year, the most in its history. The increase excludes asylum seekers and other new arrivals who entered the shelter system during that period.
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Plan to restore 1820s Lower East Side church and add 130 affordable homes advances

Credit: City Planning Commission

June 1, 2026

Plan to restore 1820s Lower East Side church and add 130 affordable homes advances

By Aaron Ginsburg

A project to restore an 1820s-era Lower East Side church and build a mixed-use development with 130 affordable apartments next to it is moving ahead. Manhattan Borough President Brad Hoylman-Sigal on Friday recommended approval of a proposal to renovate St. Augustine's Chapel at 290 Henry Street and replace an existing two-story classroom annex with a 21-story mixed-use housing development. Now headed to the City Planning Commission for review, the development would include income-restricted apartments for families earning 50, 80, and 110 percent of the area median income, as well as some units for formerly homeless New Yorkers.
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Hochul signs reforms to New York’s environmental law to accelerate new housing development

“Let Them Build” rally in February. Photo credit: Susan Watts/Office of Governor Kathy Hochul on Flickr

May 27, 2026

Hochul signs reforms to New York’s environmental law to accelerate new housing development

By Aaron Ginsburg

Gov. Kathy Hochul on Wednesday signed legislation to reform the State Environmental Quality Review Act (SEQRA), cutting red tape that critics say has long delayed housing development. The "common-sense" reforms, the most significant changes to SEQRA since its passage in 1975, are expected to accelerate the construction of new housing by up to two years. Hochul first unveiled the changes in February alongside Mayor Zohran Mamdani and included it in her fiscal year 2027 budget.
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Mamdani releases blueprint to build 200,000 new affordable homes, target bad landlords

Photo by Michael Appleton/ Mayoral Photography Office on Flickr

May 26, 2026

Mamdani releases blueprint to build 200,000 new affordable homes, target bad landlords

By Devin Gannon

Mayor Zohran Mamdani on Tuesday released a comprehensive plan to address the city's current housing crisis, detailing a goal to build 200,000 new affordable homes over the next decade, the most ambitious target by a New York City mayor ever. The housing plan, dubbed "Block by Block," says $22 billion in capital investments over five years will fund new affordable housing and help preserve another 200,000 existing homes. The report also details the expansion of tenant protections and homeownership opportunities, as well as the largest capital investment in NYCHA in recent history.
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Mott Haven affordable development approved after just 90 days, thanks to new expedited review

Renderings courtesy of STAT Architecture PC

May 21, 2026

Mott Haven affordable development approved after just 90 days, thanks to new expedited review

By Aaron Ginsburg

An affordable housing project that would have taken seven months of review before being approved got the green light from the New York City Council this week after just 90 days. Thanks to the new Expedited Land Use Review Procedure (ELURP), a ballot measure approved by voters last November, 351 Powers Avenue in Mott Haven received the fastest land-use approval in decades. The project, which entered review in February, will transform a vacant city-owned lot into more than 80 apartments, a community theater, and public outdoor space, as 6sqft previously reported.
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