Affordable Housing

70,000 new homes could be built along Interborough Express with zoning changes

View of the Bay Ridge Branch, which would be incorporated in the proposed Interborough Express. Adjacent to the Fort Hamilton Parkway station. Credit: Marc A. Hermann / MTA on Flickr

June 27, 2025

70,000 new homes could be built along Interborough Express with zoning changes

By Aaron Ginsburg

More than 70,000 new homes could be built within a half-mile of the proposed Interborough Express (IBX) train line through land-use changes. Outlined in an analysis released Thursday by the New York Building Congress, and first reported by the New York Times, implementing land use changes could lead to the development of tens of thousands of new homes within a 10-minute walk of the 19 stops along the 14-mile light rail line, with the potential to exceed 100,000 units over a decade. However, these changes would face many obstacles, as the IBX will run through diverse neighborhoods with varying residential densities and local willingness to welcome new homes.
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Final phase of affordable La Central complex breaks ground in the South Bronx

Rendering courtesy of FXCollaborative

June 25, 2025

Final phase of affordable La Central complex breaks ground in the South Bronx

By Devin Gannon

Work began last week on the second, and final, phase of La Central, a five-building affordable housing development in the South Bronx. The $343 million second phase includes two mixed-use buildings with 420 affordable apartments, with more than 60 units set aside for formerly homeless New Yorkers. The development, near Third Avenue and 149th Street in Melrose, a shopping district known as the Hub, has been in the works for years, with a request for proposals for the city-owned vacant lot issued in 2013 and a plan approved by the City Council three years later. Upon its completion in 2028, La Central will include nearly 1,000 affordable homes, retail, community space, and public green space.
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NYC wants feedback on plan to build 100K homes in Manhattan over next 10 years

Credit: Dorian Mongel on Unsplash

June 24, 2025

NYC wants feedback on plan to build 100K homes in Manhattan over next 10 years

By Aaron Ginsburg

New York City is asking New Yorkers to help shape its plan to build 100,000 new homes in Manhattan over the next decade. As part of the early stages of the "Manhattan Plan," Mayor Eric Adams and the Department of City Planning (DCP) are seeking feedback through an online survey, a city website, and upcoming in-person events. Residents can weigh in on potential sites for residential development, zoning changes, and other ideas, all of which will help inform a final report expected later this year.
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59 apartments available at Midtown East luxury rental, from $1,644/month

Renderings courtesy of Anagram Turtle Bay

June 23, 2025

59 apartments available at Midtown East luxury rental, from $1,644/month

By Aaron Ginsburg

A new luxury residential tower in Midtown East just launched a lottery for 59 mixed-income apartments. Located at 300 East 50th Street, Anagram Turtle Bay is a 23-story residential building providing tenants a hotel-inspired lifestyle with luxurious amenities and spacious residences. New Yorkers earning 70 and 130 percent of the area median income can apply for the units, priced from $1,644/month studios to $4,415/month two-bedrooms.
Find out if you qualify

Affordable Housing

Elizabeth Street Garden will remain open in deal reached with city

Photos by James and Karla Murray exclusively for 6sqft. Photos are not to be reproduced without written permission from 6sqft

June 23, 2025

Elizabeth Street Garden will remain open in deal reached with city

By Devin Gannon

One of the city's most contentious development battles has come to an end. Plans to turn the Elizabeth Street Garden in Nolita into affordable housing for seniors have been halted in a deal announced by Mayor Eric Adams on Monday. According to the mayor, Council Member Christopher Marte will now support the rezoning of three sites in his district to allow for 623 new affordable homes in exchange for preserving the one-acre community garden, ending a decade-long fight over the site.
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Affordable Housing

Live across from the AirTrain at new Jamaica high-rise, from $2,065/month

Credit: NYC Department of Housing Preservation and Development

June 19, 2025

Live across from the AirTrain at new Jamaica high-rise, from $2,065/month

By Aaron Ginsburg

Whether you're a frequent flyer or want a speedy commute to Midtown, this new Jamaica rental across from the Long Island Rail Road and the AirTrain to JFK Airport offers brand-new apartments in a convenient location. A housing lottery launched this week for 90 low-income apartments at 94-15 Sutphin Boulevard, a 24-story building with a fitness center, rooftop, playroom, dog spa, on-site garage, and more. New Yorkers earning 80 percent of the area median income can apply for the units, priced from $2,065/month studios to $3,021/month three bedrooms.
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Affordable Housing

City Planning Commission approves Midtown South rezoning

Photo © 6sqft

June 19, 2025

City Planning Commission approves Midtown South rezoning

By Aaron Ginsburg

A major plan to build nearly 10,000 new homes in Midtown South by updating decades-old zoning rules just moved one step closer to becoming reality. The City Planning Commission (CPC) on Wednesday approved the Midtown South Mixed-Use (MSMX) plan, the rezoning of a 42-block stretch of the neighborhood to allow for 9,700 new homes in an area where housing was previously restricted. Under the city’s Mandatory Inclusionary Housing (MIH) program, the plan will require developers to include affordable housing, paving the way for up to 2,900 permanently affordable units. The plan now advances to the City Council for a final vote.
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New Crown Heights rental opens lottery for 55 affordable apartments, from $933/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

June 17, 2025

New Crown Heights rental opens lottery for 55 affordable apartments, from $933/month

By Devin Gannon

Applications are now being accepted for 55 affordable apartments in Crown Heights. Located in the southwestern section of the neighborhood, Botanica is a brand-new 17-story rental near the Brooklyn Botanic Garden and the Brooklyn Museum. Qualifying New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the apartments, which start at $933/month for one-bedrooms and go up to $3,010/month for two-bedrooms.
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Affordable Housing

52-story Downtown Brooklyn rental opens lottery for 178 apartments, from $1,793/month

Renderings courtesy of NQS Creative

June 9, 2025

52-story Downtown Brooklyn rental opens lottery for 178 apartments, from $1,793/month

By Aaron Ginsburg

A housing lottery launched this week for 178 mixed-income apartments in a new residential tower in Downtown Brooklyn. Rising 52 stories at 589 Fulton Street, The Brook is one of the tallest buildings in the borough, offering apartments with views in every direction. New Yorkers earning 80 and 130 percent of the area median income can apply for the affordable units, priced from $1,793/month studios to $4,250/month two bedrooms.
Find out if you qualify

Affordable Housing

143 apartments available at FiDi office tower-turned-luxury rental, from $912/month

Credit: Streetsense

June 4, 2025

143 apartments available at FiDi office tower-turned-luxury rental, from $912/month

By Aaron Ginsburg

A housing lottery opened this week for 143 mixed-income apartments at the former Financial District headquarters of Goldman Sachs. Redesigned by CetraRuddy and developed by Metro Loft and Silverstein Properties, 55 Broad Street is an office-to-rental conversion with 571 apartments and 25,000 square feet of amenities, including a rooftop pool. New Yorkers earning 40, 80, and 100 percent of the area median income can apply for the units, priced from $912/month studios to $3,522/month three bedrooms.
Find out if you qualify

Affordable Housing

4,600 new homes coming to Bed-Stuy and Crown Heights after NYC Council approves Atlantic Ave rezoning

By Aaron Ginsburg

Thousands of new homes will be built along a largely industrial stretch of Atlantic Avenue in Bed-Stuy and Crown Heights. The New York City Council on Wednesday voted to approve the Atlantic Avenue Mixed-Use Plan, which rezones 21 blocks to allow for 4,600 apartments, including 1,900 permanently affordable units, more affordable housing than has been constructed in the area over the last decade. The plan also comes with $235 million in community investments, park renovations, and infrastructure upgrades.
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New Fort Greene rental opens lottery for 49 apartments, from $1,869/month

570 Fulton Street sits next to the 42-story rental at 66 Rockwell Place. Photo © Ondel Hylton

May 27, 2025

New Fort Greene rental opens lottery for 49 apartments, from $1,869/month

By Aaron Ginsburg

A new residential tower on the border of Downtown Brooklyn and Fort Greene has launched an affordable housing lottery for 49 mixed-income apartments. Located at 570 Fulton Street, the 23-story building dubbed Fulton Greene offers modern units in a transit-rich and convenient neighborhood. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,869/month for studios to $4,250/month for two bedrooms.
Find out if you qualify

Affordable Housing

Lottery opens for 189 apartments at Far Rockaway development, from $544/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

May 15, 2025

Lottery opens for 189 apartments at Far Rockaway development, from $544/month

By Devin Gannon

Another lottery opened for affordable apartments at the huge Far Rockaway development, Edgemere Commons. Currently under construction, the 11-building complex will deliver 2,000 affordable homes, retail, community facilities, and open public space to the Rockaway peninsula. The latest rental, located at 5119 Beach Channel Drive, has 189 apartments available through the housing lottery for New Yorkers earning 30, 50, 60, and 80 percent of the area median income. Homes are priced from $544/month for a studio to $2,949/month for a three-bedroom.
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Affordable Housing

Vacant parking lot in Harlem to become 75 apartments

Credit: Haussmann Development

May 14, 2025

Vacant parking lot in Harlem to become 75 apartments

By Aaron Ginsburg

A vacant parking lot in Harlem will soon become a residential building. Haussmann Development on Monday announced it closed on a land purchase at 16–20 Convent Avenue for $7.5 million. Haussmann plans to build a 10-story residential building with 75 one- and two-bedroom apartments, including 15 affordable units for households earning 60 percent of the area median income.
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Affordable Housing

NYC’s largest mass timber housing development to bring 500 homes to Staten Island’s North Shore

Renderings courtesy of GF55 Architects

May 12, 2025

NYC’s largest mass timber housing development to bring 500 homes to Staten Island’s North Shore

By Aaron Ginsburg

A mixed-income housing development with more than 500 apartments planned for Staten Island’s North Shore is set to become New York City’s largest mass timber residential development. On Monday, Mayor Eric Adams announced the selection of Artimus and Phoenix Realty Group to build the new homes, 25 percent of which will be designated as affordable, on two vacant sites along the New Stapleton waterfront. The development will be built with mass timber to lower the project’s carbon footprint and accelerate construction.
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Updated plan for Broadway Junction redevelopment adds 1,000 affordable homes

Images courtesy of Totem

May 9, 2025

Updated plan for Broadway Junction redevelopment adds 1,000 affordable homes

By Aaron Ginsburg

A plan to redevelop a two-acre site around the Broadway Junction transit hub has been revised to increase the number of affordable homes from 600 to 1,000. After nearly 100 public meetings, developer Totem on Thursday released an updated version of its proposal to rezone the East New York site into Herkimer-Williams, a mixed-use project with four buildings along four blocks, containing housing, retail, community space, and open space. The revisions include more affordable housing, community-led retail, reduced building heights, and less office space.
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‘Prismatic’ turquoise-clad Bed-Stuy rental opens lottery for 30 apartments, from $874/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

May 7, 2025

‘Prismatic’ turquoise-clad Bed-Stuy rental opens lottery for 30 apartments, from $874/month

By Aaron Ginsburg

A bold new Bed-Stuy rental recently launched a housing lottery for 30 mixed-income apartments. Located at 126 Sandford Street, the 10-story Prisma House brightens the block with its turquoise-clad facade and 120 contemporary residences inside. New Yorkers earning 40, 60, and 110 percent of the area median income can apply for the units, priced from $874/month for one bedrooms.
Find out if you qualify

Affordable Housing

NYC sues Trump administration over ‘unconstitutional’ housing grant conditions

Credit: Patrick Tomasso on Unsplash

May 5, 2025

NYC sues Trump administration over ‘unconstitutional’ housing grant conditions

By Aaron Ginsburg

New York City, joining seven other local governments, sued the Trump administration last week over new conditions related to federal housing grants. Filed on Friday, the lawsuit challenges the Department of Housing and Urban Development (HUD) over provisions prohibiting grant recipients from using funds for programs related to diversity, equity, "gender ideology," and immigration. The cities argue that the new conditions imposed on the HUD grants are unconstitutional and an overreach of the executive branch.
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40-story Downtown Brooklyn tower opens lottery for 69 apartments, from $2,950/month

All renderings courtesy of Triangle Equities & The Michaels Organization

April 30, 2025

40-story Downtown Brooklyn tower opens lottery for 69 apartments, from $2,950/month

By Aaron Ginsburg

A new residential skyscraper in Downtown Brooklyn launched a housing lottery this week for 69 middle-income apartments. Located at 111 Willoughby Street, the 40-story Maxwell Downtown Brooklyn development offers impressive skyline views and amenities like a landscaped roof deck and top-floor lounge. New Yorkers earning 130 percent of the area median income can apply for the units, priced at $2,950/month studios, $3,300/month one-bedrooms, and $4,347/month two-bedrooms.
Find out if you qualify

Affordable Housing

NYC makes applying for affordable housing lotteries easier

Society Brooklyn in Gowanus has 45 apartments available through the housing lottery. Credit: NYC Department of Housing Preservation and Development

April 29, 2025

NYC makes applying for affordable housing lotteries easier

By Aaron Ginsburg

While the odds of winning an affordable housing lottery in New York City are generally low, now, at least, the paperwork will be easier. On Monday, the Department of Housing and Preservation and Development (HPD) announced it will require fewer documents from applicants to streamline the process for both renters and agents. And starting May 1, the city will allow landlords and brokers to advertise empty affordable housing units publicly, allowing applicants to directly apply for the apartments, instead of going through the city's Housing Connect system.
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Lottery opens for 91 apartments at new Long Island City rental tower, from $2,750/month

Credit: NYC Department of Housing Preservation and Development

April 17, 2025

Lottery opens for 91 apartments at new Long Island City rental tower, from $2,750/month

By Aaron Ginsburg

A housing lottery launched this week for 91 middle-income apartments at a new residential development in Long Island City. Located at 43-14 Queens Street in the neighborhood's Court Square section, the 19-story building marks the second phase of the expansive Eagle Loft complex, which has converted the former Eagle Electric factory into hundreds of luxury apartments. New Yorkers earning 130 percent of the area median income can apply for the units, priced at $2,750/month for studios and $3,475/month for one bedrooms.
Find out if you qualify

Affordable Housing

71 affordable apartments available at Passive House development in Bed-Stuy, from $556/month

652 DeKalb Avenue. Credit: NYC Department of Housing Preservation and Development

April 14, 2025

71 affordable apartments available at Passive House development in Bed-Stuy, from $556/month

By Aaron Ginsburg

A new residential development in Bed-Stuy launched a housing lottery this week for 71 affordable apartments. Dekalb Commons is a three-building complex with 85 affordable residences and commercial space, designed to meet Passive House standards. New Yorkers earning 30, 40, 60, 70, and 80 percent of the area median income can apply for the units, priced from $556/month studios to $2,974/month three bedrooms.
Find out if you qualify

Affordable Housing

April 8, 2025

New rental tower on Gowanus Canal opens lottery for 45 mixed-income apartments, from $874/month

By Aaron Ginsburg

A new residential development on the Gowanus Canal has launched a housing lottery for 45 mixed-income apartments. Society Brooklyn consists of two 21-story towers with more than 500 apartments and a waterfront esplanade. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the available units at 504 Sackett Street, priced from $874/month one-bedrooms.
Find out if you qualify

Affordable Housing

Citi Field casino team throws in 450 units of affordable housing to enhance bid

Project rendering courtesy of Aufgang Architects

April 3, 2025

Citi Field casino team throws in 450 units of affordable housing to enhance bid

By Aaron Ginsburg

New York Mets owner Steve Cohen is enhancing his bid to build a casino by pledging 450 affordable housing units. Queens Future LLC, a joint venture between Cohen and Hard Rock International, and Slate Property Group announced on Wednesday plans to develop a 100 percent affordable building on a parking lot at 54-19 100th Street in Corona, Queens. The development will only be built if Cohen is awarded one of three gaming licenses to build "Metropolitan Park," a proposed $8 billion sports and entertainment complex next to Citi Field.
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Next phase of affordable Far Rockaway development breaks ground

Rendering by Aufgang Architects

April 2, 2025

Next phase of affordable Far Rockaway development breaks ground

By Aaron Ginsburg

Construction is set to begin on an affordable residential building within a new development in Far Rockaway. As first reported by Commercial Observer, Tishman Speyer's TS Communities announced it secured financing and will break ground this month on Edgemere Commons A2, a 100 percent affordable building at 337 Beach 52nd Street and the second all-affordable development within the larger Edgemere Commons complex. The building will rise 18 stories and deliver 244 affordable apartments ranging from studios to three bedrooms, for households earning between 40 and 80 percent of the area median income.
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Affordable Housing

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