Affordable Housing

November 13, 2025

14,700 homes planned for Long Island City after Council approves largest rezoning in 25 years

The New York City Council on Wednesday unanimously approved the city’s largest neighborhood rezoning in 25 years. The OneLIC Neighborhood Plan rezones 54 blocks of a largely industrial area of Long Island City to allow for 14,700 new homes, including 4,350 permanently affordable units. The plan will create a continuous public waterfront from Gantry Plaza State Park to Queensbridge Park and includes $2 billion in city commitments, unlocking more than 3.5 million square feet of commercial and industrial space and significant public-realm upgrades.
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November 12, 2025

New legislation would pave the way for more affordable artist housing in NYC

Legislation introduced this week would pave the way for more affordable artist housing in New York City. Announced on Wednesday by Manhattan Council Members Keith Powers and Erik Bottcher, the legislation would amend the city’s administrative code to clarify that housing programs offering preference to artists do not violate human rights laws prohibiting discrimination based on occupation. The legislation aims to create more housing opportunities for artists, many of whom earn well below the city’s average rent thresholds, in the nation's cultural capital, as first reported by Gothamist.
details here
November 7, 2025

60 middle-income apartments available at new South Bronx rental, from $1,974/month

A housing lottery has launched for 60 middle-income apartments at a new residential development in the South Bronx. Located at 586 Gerard Avenue in Concourse Village, the nine-story Inkwell offers brand-new, modern residences and a range of amenities designed for comfort and convenience. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,974/month one bedrooms to $3,550/month two bedrooms.
Find out if you qualify
November 7, 2025

230-unit housing project coming to site of abandoned Astoria megaproject

A site in Astoria once slated for a 3,200-unit development will now be home to a handful of residential buildings with just over 230 apartments. As first reported by Crain's, the Hakimian Organization and CW Realty have filed plans for a 16-story building at 35-17 42nd Street and a 13-story building at 42-08 35th Avenue, on the former site of the $2 billion Innovation QNS megaproject. The ambitious housing project was scrapped in September amid financing challenges following the expiration of the 421-a tax break and uncertainty surrounding its replacement, the 485x program.
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November 5, 2025

New Yorkers vote to pass housing ballot proposals

New Yorkers voted to approve several housing ballot questions as part of this year’s general election. After turning out in record numbers on Tuesday, voters elected Zohran Mamdani as the city’s next mayor and voted yes on four proposals aimed at redesigning the process for building more housing across the five boroughs, as the city faces a housing shortage and affordability crisis.
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October 31, 2025

NYC Council approves Jamaica rezoning, paving the way for 12,000 new homes

Nearly 12,000 new homes are coming to Jamaica, Queens, following the City Council’s approval of the neighborhood’s transformative rezoning on Wednesday. The Jamaica Neighborhood Plan updates zoning rules across 230 blocks of the transit-rich area, paving the way for thousands of new homes—roughly 4,000 of which would be permanently affordable. The plan, which includes the largest mapping of Mandatory Inclusionary Housing (MIH) in the city, will also add two million square feet of commercial space, create more than 7,000 jobs, and deliver $400 million in infrastructure upgrades.
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October 30, 2025

City Council committees approve Long Island City neighborhood rezoning

The proposed rezoning of Long Island City — which could deliver the most homes created by a neighborhood rezoning in 25 years — took another step toward reality this week. On Wednesday, the City Council’s Subcommittee on Zoning and Franchises and Committee on Land Use approved the OneLIC Neighborhood Plan, expected to bring nearly 15,000 new homes, including 4,350 permanently affordable units, to a 54-block stretch of the Queens neighborhood. The vote followed Council Member Julie Won’s last-minute deal securing nearly $2 billion in city commitments, according to QNS.
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October 29, 2025

Majority of affordable housing in NYC built in just 10 of 51 NYC Council districts, new report finds

Just 10 of New York City’s 51 Council districts have produced more than half of all new affordable housing since 2014, according to a new report. Released as a special update to the New York Housing Conference's NYC Housing Tracker Report, the analysis—titled "Why Charter Land Use Reforms Are Needed"—finds that 13 districts have built more than 4,000 affordable homes, while 10 have added fewer than 300, and four have produced under 100. The report comes as New Yorkers are currently voting on four housing-related ballot questions, which would change the city's land use review process and, according to critics, give the mayor more power and remove Council oversight.
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October 27, 2025

Adams considers stacking Rent Guidelines Board to block Mamdani’s rent freeze pledge

Before leaving office, Mayor Eric Adams is considering stacking the city’s Rent Guidelines Board (RGB) with allies in an effort to block mayoral frontrunner Zohran Mamdani’s rent freeze proposal. As first reported by the New York Post, the mayor could appoint at least six new members to the nine-person board, which determines rent changes for the city's one million rent-stabilized apartments. One of the contenders is reportedly Douglas Elliman real estate agent and reality TV star Eleonora Srugo, who has since told the New York Times she intends to decline the offer to focus on her television career.
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October 23, 2025

Former Beth Israel hospital building in Gramercy opens lottery for 22 rentals, from $963/month

Twenty-two mixed-income apartments are available next to the shuttered Mount Sinai Beth Israel campus in Gramercy. The former hospital facility at 313 East 17th Street has been converted into 96 apartments, the first redevelopment project at the campus since Beth Israel shut its doors in April following a disputed closure process. New Yorkers earning 40, 80, and 100 percent of the area median income can apply for the units, priced from $963/month studios to $3,323/month two-bedrooms.
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October 22, 2025

Adams unveils plan to transform ‘The Hole’ with new drainage system, 5,000 homes

A long-neglected, low-lying area on the Brooklyn-Queens border known as “The Hole” may finally be getting attention from the city. On Tuesday, Mayor Eric Adams announced a $146 million investment in the area, also known as the Jewel Streets, to install a long-needed sewage system in the neighborhood, which regularly floods even after light rainfall. The plan also calls for a 17-acre city-owned site to become 1,400 housing units, a rezoning to unlock an additional 3,600 homes, and other flood-prevention infrastructure.
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October 20, 2025

24-story East Village rental opens lottery for 60 apartments, from $1,777/month

A housing lottery has launched for 60 mixed-income apartments in a new 24-story tower in the East Village. The East, located at 644 East 14th Street, offers 196 studio to two-bedroom apartments and luxury amenities, including a roof deck with East River views. New Yorkers earning 70 and 130 percent of the area median income can apply for the units, priced from $1,777/month studios to $4,315/month two bedrooms.
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October 8, 2025

Jamaica rental with sculpture garden opens lottery for 185 apartments, from $1,843/month

Applications are now being accepted for 185 mixed-income apartments at a massive development in Jamaica, Queens. Located at 166-20 90th Avenue, the two-building complex dubbed Ruby Square has over 600 apartments and nearly one acre of lush public and private outdoor spaces, including a tranquil interior courtyard with a sculpture garden. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, with rents starting at $2,688/month for studios, $1,843/month for one-bedrooms, and $2,188/month for two-bedrooms.
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October 3, 2025

Sunset Park rental with bike storage hub opens lottery for 48 apartments, from $649/month

A housing lottery launched this week for 48 mixed-income apartments at a new mixed-use development in Sunset Park. Rising 14 stories at 201 25th Street, One Sunset offers contemporary residences and amenities, including New York City’s first secure indoor bike storage hub. New Yorkers earning 30, 60, and 130 percent of the area median income can apply for the units, with rents ranging from $649 to $3,640/month for one-bedrooms, $762 to $1,715/month for two-bedrooms, and $1,963/month for three-bedroom apartments.
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September 25, 2025

Adams targets city-owned sites in Williamsburg and East Harlem for 1,700 homes

Two city-owned sites could be redeveloped into at least 1,700 new homes. Mayor Eric Adams on Thursday said the city will issue requests for proposals for 900 homes at 390 Kent Avenue, one of the last underutilized waterfront sites in Williamsburg, and 800 homes at 1880 First Avenue in East Harlem, currently a parking lot for NYC Health + Hospitals. The two properties were identified through an executive order Adams signed in August 2024, directing city agencies to determine if housing could be built on any properties they owned.
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September 25, 2025

Bensonhurst library to become new modern branch with 100% affordable housing

A Brooklyn public library will be redeveloped into a new modern branch with affordable housing above it. Mayor Eric Adams announced on Wednesday plans to replace the 70-year-old New Utrecht Library in Bensonhurst with a new state-of-the-art branch alongside housing units, part of the city's "Living Libraries" program, which pairs new libraries with housing. The city's Department of Housing Preservation and Development (HPD) and the Brooklyn Public Library (BPL) will issue a request for proposals for the redevelopment, which will also include the city-owned parking lot next to the library.
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September 24, 2025

On the Rockaway peninsula, new rental opens lottery for 37 apartments, from $2,650/month

Applications are being accepted for 37 middle-income apartments at a new residential development on the Rockaway peninsula. Located at 60-14 Beach Channel Road in Arverne, a small neighborhood between Rockaway Beach and Far Rockaway, the five-story building includes contemporary residences, surrounded by the Atlantic Ocean on one side and the Jamaica Bay on the other. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $2,650/month studios to $2,800/month two bedrooms.
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September 9, 2025

81 mixed-income apartments available in the heart of Bushwick, from $788/month

A housing lottery launched this week for 81 mixed-income apartments at a new residential development in Bushwick. Located at 1601 Dekalb Avenue, the nine-story building offers competitively priced modern residences in the center of the popular Brooklyn neighborhood. New Yorkers earning up to 40, 80, and 120 percent of the area median income can apply for the units, priced from $788/month studios to $4,000/month three bedrooms.
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September 4, 2025

Hell’s Kitchen rental opens lottery for 42 apartments, from $1,800/month

Applications are now being accepted for 42 mixed-income apartments at a new luxury rental in Hell's Kitchen. The 28-story building at 250 West 49th Street offers spacious residences, a wide range of amenities, and a prime location with convenient access to public transit. New Yorkers earning 70 and 130 percent of the area median income can apply for the units, priced from $1,800/month studios to $4,349/month two bedrooms.
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September 3, 2025

$2B Astoria project with 3,200 units scrapped, scaled-down tower planned

A huge development that would have brought more than 3,000 units to Astoria has been scrapped. Silverstein Properties has withdrawn from Innovation QNS—a proposed 3,200-unit, $2 billion complex spanning five blocks— citing financing challenges tied to the expiration of the 421-a tax break and its replacement, the 485x program, as reported by Crain’s. While the larger plan has collapsed, remaining partners BedRock Real Estate Partners and L+M Development filed plans last week for a 560-unit building on one of the original sites.
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September 3, 2025

City Planning Commission approves Long Island City rezoning

The proposal to rezone Long Island City, which could bring tens of thousands of new homes to the Queens neighborhood, advanced this week with a key approval. On Wednesday, the City Planning Commission voted to approve the OneLIC Neighborhood Plan, which would rezone a 54-block industrial section of the waterfront to make way for 14,700 homes, with at least 4,300 of them permanently affordable, the most homes created by a neighborhood rezoning in 25 years. The plan also calls for more than 3.5 million square feet of commercial and industrial space, as well as a continuous, publicly accessible waterfront from Gantry Plaza State Park to Queensbridge Park.
DETAILS ON THE PLAN
August 29, 2025

50-story luxury rental in Fort Greene opens lottery for 171 units, from $1,793/month

A housing lottery launched this week for 171 middle-income apartments at a 50-story building in Fort Greene. Located at 180 Ashland Place, the Everly has over 560 apartments and impressive amenities, like a rooftop pool with stunning Manhattan views, and a prime location, steps from Fort Greene Park and the convenience of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,793/month studios to $4,399/month two bedrooms.
how to apply
August 27, 2025

122 apartments for low-income seniors available at new 17-story building in Hudson Square

Applications are now being accepted for 122 affordable apartments for seniors at a new development next to Google's Hudson Square headquarters. Located at 570 Washington Street, the 17-story building offers spacious units designed for residents ages 62 and older, with a slew of modern amenities to promote comfort, connection, and wellness. Applicants must have at least one household member aged 62 or older, qualify for Section 8 benefits, and earn 50 percent of the area median income or less. Eligible New Yorkers will pay 30 percent of their income for the available studio, one-, and two-bedroom apartments.
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August 21, 2025

Huge Coney Island complex opens lottery for 150 middle-income apartments, from $2,449/month

A three-tower luxury development in Coney Island opened a lottery last week for 150 middle-income apartments. Less than half a mile from the Riegelmann Boardwalk and beach, the sprawling development at 532 Neptune Avenue includes 499 apartments across three buildings and a whopping 95,000 square feet of amenities, including a rooftop, swimming pool, and a running track that encircles the property. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, priced from $2,449/month for studios and going up to $3,495/month for a two-bedroom.
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