affordable housing

affordable housing, Brooklyn, Coney Island, housing lotteries

Photo of Coney Island by Shinya Suzuki on Flickr

The city is now accepting applications for 34 middle-income apartments in a new 20-story rental in Coney Island located just one block away from the beach. The Sea Breeze Tower, located at 271 Breeze Avenue, contains 115 units and sits across the street from the Asser Levy Park, with the beach and landmarked Riegelmann Boardwalk just a five-minute walk away. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, which range from $1,700/month studios to $2,950/month three-bedrooms.

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affordable housing, housing lotteries, Prospect-Lefferts Gardens

Photo via CityRealty

An affordable housing lottery has launched for those earning 130 percent of the area median income. There are 28 units up for grabs at 50 Clarkson Avenue, a new Prospect Lefferts Gardens rental with convenient amenities like a gym, a dog-washing station, and a parking garage. The available units include $2,000/month studios, $2,150/month one-bedrooms, and $2,500/month two-bedrooms.

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affordable housing, housing lotteries, Long Island City

Rendering via TF Cornerstone

A year-and-a-half ago, developer TF Cornerstone broke ground on their two-building, 1,194-unit project at Hunter’s Point South, located along the East River in Long Island City. Anchored by a new half-acre public park, the pair of ODA-designed towers will be 60 percent affordable. Today, a lottery launched for 185 of these low- and middle-income units, available to those earning 50, 130, and 165 percent of the area median income. The available homes range from $698/month studios to $2,704/month two-bedrooms.

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affordable housing, housing lotteries, Williamsburg

Photo by Korye Logan on Flickr

Applications are now being accepted for 35 mixed-income apartments at a new apartment building in East Williamsburg. Located at 222 Johnson Avenue, the seven-story rental is located just one block from the L train and is surrounded by some of Brooklyn’s best restaurants and entertainment venues. Qualifying New Yorkers earning 60, 125, 130 percent of the area median income can apply for the units, ranging from $924/month studios to $2,876/month two-bedrooms.

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affordable housing, Bronx

Courtesy of Douglaston Development

Plans to bring hundreds of new affordable apartments for seniors and low-income families in the Bronx are moving forward. The New York Botanical Garden and Douglaston Development this week closed on two separate 99-year ground leases at 2856 Webster Avenue and 410 Bedford Park Boulevard, which will hold a two-building, 100 percent affordable development. Located just a block from the Botanical Garden, the project includes a new 12,000-square-foot Cherry Valley Marketplace store on the ground floor. The existing Cherry Valley grocery store, located at the site of the project, will remain open throughout construction.

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affordable housing, Clinton Hill, Fort Greene, housing lotteries

Courtesy of Aufgang Architects

Applications are now being accepted for 37 middle-income units at a new rental in Brooklyn. Located on the Clinton Hill-Fort Greene border, 810 Fulton Street (also known as 475 Clermont Avenue) rises 12 stories and contains 363 apartments. The building boasts a number of amenities, including a parking garage, children’s playroom, fitness center, and a large landscaped rooftop with grills, a catering kitchen, and an outdoor movie theater. New Yorkers earning 130 percent of the area median income can apply for the apartments, ranging from a $2,370/month studio to a $3,063/month two-bedroom.

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affordable housing, Bronx, housing lotteries, mott haven

All images courtesy of EXR Realty/The Arches

A housing lottery launched on Friday for 129 middle-income units at a new rental project in the South Bronx. The Arches, a pair of 25-story towers on the Harlem River, claims to be the first luxury residential development in Mott Haven, boasting amenities like a landscaped rooftop, indoor movie theater, and fitness center. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which include $2,150/month studios, $2,246/month one-bedrooms, and $2,730/month two-bedrooms.

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affordable housing, Bed Stuy, housing lotteries

The recently reopened Nostrand Avenue LIRR station. Photo: Metropolitan Transportation Authority/Patrick Cashin via Flickr cc

On the border of Bed-Stuy and Crown Heights, a new rental building at 570 Nostrand Avenue is accepting applications for eight middle-income apartments. The $2,156/month studios, $2,245/month one-bedrooms, and $2,710/month two-bedrooms are available to households earning 130 percent of the area median income. The building has washer/dryers in the units, and is conveniently located to three major subway lines and the LIRR, as well as to all the cool restaurants and bars along Franklin Avenue.

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affordable housing, Harlem, Major Developments, New Developments

Target to open at major mixed-use development in Harlem

By Devin Gannon, Wed, August 12, 2020

BRP Companies

A deal to bring the National Urban League back to Harlem was reached last month as part of a mixed-use development project planned for 125th Street. In addition to affordable housing, office space for nonprofits, and the city’s first museum dedicated to civil rights, the $242 million project, known as the Urban League Empowerment Center, includes a new 44,000-square-foot Target, as the New York Post first reported.

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affordable housing, Policy

Co-op City’s 15,000 apartments will remain affordable for another three decades; Photo by David L Roush on Wikimedia

The city has financed 30,023 affordable homes in the fiscal year 2020, with more than half of the homes serving families earning less than $52,000, Mayor Bill de Blasio announced on Wednesday. Of the homes financed, 23,520 were preserved and 6,503 were new construction. The milestone comes as the mayor’s ambitious plan to preserve and build 300,000 affordable homes by 2026 is facing delays thanks to the pandemic, which has forced the city to cut funding for new affordable housing projects.

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