Affordable Housing

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

Rendering courtesy of the NYC Department of Housing Preservation and Development

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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Affordable Housing

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

Renderings courtesy of the NYC Department of Housing Preservation and Development

August 30, 2024

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

By Aaron Ginsburg

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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Affordable Housing

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

Rendering courtesy of the NYC Department of Housing Preservation and Development

August 27, 2024

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

By Aaron Ginsburg

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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Affordable Housing

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

Rendering courtesy of the NYC Department of Housing Preservation and Development

August 23, 2024

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

By Aaron Ginsburg

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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Affordable Housing

Celebrities join last-minute effort to save Elizabeth Street Garden

Photo by James and Karla Murray exclusively for 6sqft

August 23, 2024

Celebrities join last-minute effort to save Elizabeth Street Garden

By Devin Gannon

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

Photo © 6sqft

August 21, 2024

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

By Devin Gannon

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

Image courtesy of Wake Technical Community College on Flickr

August 20, 2024

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

By Aaron Ginsburg

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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Landlords register more rent-stabilized units to avoid fines

Image courtesy of Ruoyu Li on Unsplash

August 19, 2024

Landlords register more rent-stabilized units to avoid fines

By Aaron Ginsburg

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

Rendering courtesy of the NYC Department of Housing Preservation and Development

August 19, 2024

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

By Aaron Ginsburg

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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Affordable Housing

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

All renderings courtesy of Woods Bagot

August 13, 2024

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

By Aaron Ginsburg

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

By Aaron Ginsburg

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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Affordable Housing

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

Credit: Ed Reed/Mayoral Photography Office on Flickr

August 6, 2024

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

By Aaron Ginsburg

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

Renderings courtesy of the NYC Department of Housing Preservation and Development

August 6, 2024

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

By Aaron Ginsburg

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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Affordable Housing

NYC Council loses lawsuit over housing voucher expansion

Photo courtesy of Boran Pang on Unsplash

August 2, 2024

NYC Council loses lawsuit over housing voucher expansion

By Aaron Ginsburg

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

Photo of Marcus Garvey Village. © Ondel Hylton

August 2, 2024

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

By Aaron Ginsburg

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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Affordable Housing

August 1, 2024

Vacant East Village church to become 500+ affordable housing units

By Aaron Ginsburg

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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Affordable Housing

July 30, 2024

Controversial Clinton Hill migrant shelter may become 600+ apartments

By Aaron Ginsburg

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

Photo courtesy of Joshua Armstrong on Unsplash

July 30, 2024

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

By Aaron Ginsburg

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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Affordable Housing

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

Rendering by COOKFOX Architects

July 29, 2024

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

By Aaron Ginsburg

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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56 affordable apartments available at luxury Williamsburg rental, from $1,757/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

July 26, 2024

56 affordable apartments available at luxury Williamsburg rental, from $1,757/month

By Aaron Ginsburg

Applications are being accepted for 56 below-market-rate apartments at a new luxury rental in Williamsburg. The nine-story building at 597 Grand Street offers residents spacious units with modern amenities, like a fitness center and rooftop terrace. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,757/month for studios to $3,963/month for two bedrooms.
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Affordable Housing

Former Chelsea prison to become 124 affordable and supportive apartments

Renderings courtesy of Gov. Kathy Hochul’s office

July 22, 2024

Former Chelsea prison to become 124 affordable and supportive apartments

By Aaron Ginsburg

A former state prison in Chelsea will become 124 permanently affordable apartments. Gov. Kathy Hochul on Monday unveiled Liberty Landing, the proposal selected to redevelop Bayview Correctional Facility at 550 West 20th Street into a housing project with apartments for low-income New Yorkers and formerly incarcerated individuals. The women's prison closed in 2012 after damage from Hurricane Sandy and has sat vacant ever since.
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41-story tower on Greenpoint waterfront opens lottery for 115 apartments, from $1,782/month

Rendering courtesy of NYC Department of Housing Preservation and Development

July 22, 2024

41-story tower on Greenpoint waterfront opens lottery for 115 apartments, from $1,782/month

By Aaron Ginsburg

A lottery opened this week for 115 middle-income apartments in a 41-story luxury rental on the Greenpoint waterfront. Developed by Park Tower Group and Rockefeller Group, the company's first project in Brooklyn, The Dupont will offer 381 apartments, a vast majority of which will have incredible East River and Manhattan skyline views. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,782/month for studios to $4,001/month for two-bedrooms.
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Affordable Housing

Rental at historic Crown Heights site opens lottery for 48 apartments, from $3,128/month

All renderings courtesy of Morris Adjmi Architects

July 16, 2024

Rental at historic Crown Heights site opens lottery for 48 apartments, from $3,128/month

By Devin Gannon

A lottery opened this week at a new luxury rental building on a historic site in Crown Heights. Designed by Morris Adjmi Architects, Mason Gray is a mixed-use development at 959 Sterling Place consisting of a seven-story brick building with 158 apartments. Landmarked as part of the Crown Heights Historic District, the property is home to a 19th-century Romanesque Revival complex currently occupied by the Hebron Seventh Day Adventist Church and School. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, priced at $3,128/month for studios, $3,345/month for one-bedrooms, and $4,000/month for two-bedrooms.
how to apply

Affordable Housing

July 9, 2024

Lottery opens for 17 co-ops on the Upper West Side, available for purchase from $174K

By Aaron Ginsburg

A housing lottery has opened for 17 apartments on the Upper West Side. Located at 165 West 80th Street, about two blocks from Central Park and the American Museum of Natural History, the five-story walk-up has 10 studios and seven one-bedroom apartments available to New Yorkers earning 120 percent of the area median income, or between $73,319 for a single person and $167,760 for a family of three. The homes are priced at $173,801 for a studio and $184,990 for a one-bedroom.
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Affordable Housing

Bronx Metro-North station rezoning plan approved by City Planning Commission

View looking north along East Tremont Avenue near Leland Avenue. Images courtesy of DCP.

July 2, 2024

Bronx Metro-North station rezoning plan approved by City Planning Commission

By Aaron Ginsburg

A plan to bring thousands of new homes and jobs around new Metro-North stations in the East Bronx is moving forward. The City Planning Commission last week voted to approve the Bronx Metro-North Station Area Plan, a rezoning effort targeting the areas around four new Metro-North stations to create roughly 7,500 new homes, 10,000 jobs, improvements to public space, and neighborhood amenities. The plan heads next to the City Council for a final vote sometime this summer.
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Affordable Housing

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