Affordable Housing

August 10, 2023

Affordable senior housing to replace Prospect Heights parking lot

A plan to replace a Prospect Heights parking lot with affordable housing for low-income and homeless seniors is moving forward. The city's Department of Housing Preservation and Development (HPD) on Tuesday announced its selection of Jobe Development, Corp., Mega Group Development, and the Institute of Community Living Room to convert a city-owned parking lot at 542 Dean Street into the residential development "Park Edge." The redevelopment is part of the Atlantic Avenue Mixed-Use Plan (AAMUP), which found a community desire for new affordable housing projects on city-owned properties.
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August 3, 2023

Adams touts affordable housing production as city runs out of room for migrants

New York City created more supportive housing and homes for formerly homeless New Yorkers during fiscal year 2023 than any year on record, Mayor Eric Adams announced Thursday. Between June 2022 and June 2023, the mayor said the city produced 27,000 affordable homes, including new construction and preservation of existing homes, and connected the largest number of people to permanent housing using the CityFHEPS vouchers in the program's history. The announcement comes just days after Adams announced the city had run out of space to house the thousands of asylum seekers arriving weekly, leading to many migrants sleeping outside of the Roosevelt Hotel in Midtown this week.
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July 27, 2023

400 units of affordable housing approved for 5 World Trade Center

The 900-foot-tall mixed-use skyscraper planned for 5 World Trade Center will include 400 units of affordable housing, a slight increase from the original proposal. After stalled negotiations, the Public Authorities Control Board on Thursday approved the mixed-use development at 130 Liberty Street, which calls for 1,200 new apartments, one-third of which will be permanently affordable to New Yorkers earning between 40 and 120 percent of the area median income. Plus, 20 percent of the affordable apartments will be offered to individuals who lived or worked in the neighborhood on September 11, including first responders and families of victims. Construction is scheduled to start next year, Gov. Kathy Hochul said.
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July 21, 2023

Ridgewood’s tallest tower opens lottery for 40 luxury apartments, from $2,750/month

A housing lottery opened this week for 40 middle-income units at a new luxury residential development in Ridgewood. At 17 stories, the Ridgewood Apartments at 1607 Woodbine Street is one of the tallest residential properties in the neighborhood. New Yorkers earning 130 percent of the area median income, or between $94,286 for a single person annually and $198,250 for a household of five, are eligible to apply for the units, which include $2,750/month one-bedrooms and $3,599/month two-bedrooms.
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July 14, 2023

Lottery opens for 164 luxury rentals in Mott Haven, from $1,576/month

A two-building luxury rental development in the South Bronx opened a housing lottery this week for 164 mixed-income apartments. Dubbed Estela, the complex includes 544 brand-new units across a pair of buildings at 445 Gerard Avenue, located within a burgeoning stretch of Mott Haven. Qualifying New Yorkers earning 80 percent and 130 percent of the area median income can apply for the apartments, priced from $1,576/month studios to $3,260/month two-bedrooms, with a concession of one month free on initial leases.
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July 13, 2023

NYCHA says it needs nearly $80 billion for repairs

New York City's public housing agency needs more than $78 billion to make much-needed repairs to its dilapidated housing stock, according to a new 20-year assessment released Wednesday. The estimation for the apartment repairs is a whopping 73 percent higher than NYCHA's last assessment of $45.2 billion calculated in 2017. According to the agency, nearly 40 percent of NYCHA apartments require more than $500,000 in work per unit.
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July 10, 2023

56 apartments for low-income seniors available in Inwood

56 affordable units designed for seniors are available at a new senior supportive housing project in Manhattan. Located at 37 Hillside Avenue in Inwood, the building offers senior residents social services, space to worship, and plenty of outdoor green space. Applicants must have at least one household member who is 62 years of age or older, qualifies for Section 8 benefits, and earns no more than $60,050 annually. Eligible New Yorkers will pay 30 percent of their income for the available studio and one-bedroom apartments.
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July 7, 2023

85 brand-new affordable units available in Morris Heights, from $532/month

Applications are now being accepted for 85 affordable units at a new residential development in the Bronx. Located at 1544 Shakespeare Avenue in Morris Heights, St. Francis Commons offers residents brand-new apartments and a variety of amenities. Qualifying New Yorkers earning 30, 50, and 70 of the area median income, or between $21,155 for a single person annually and $122,570 for a household of seven, are eligible to apply for the apartments, which range from $532/month one-bedrooms to $2,188/month three bedrooms.
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June 30, 2023

NYC’s shelter system reaches a record 100,000 occupants

New York City's shelter system has surpassed 100,000 occupants for the first time, more than half of whom are asylum seekers, city officials announced this week. NYC is currently spending roughly $8 million a day on its shelter system, which has expanded to include 166 new emergency facilities to accommodate the surge in asylum seekers that began in the spring of 2022. The city is expected to spend more than $4 billion on its shelter system by 2024, according to the New York Times.
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June 28, 2023

Elizabeth Street Garden can become affordable senior housing development, court rules

An affordable housing development can be built on the site of Little Italy's Elizabeth Street Garden, an appellate judge ruled on Tuesday, ending a decade-long battle between housing advocates and garden supporters. The project, dubbed Haven Green, will bring 123 rentals for extremely low-, very low-, and low-income seniors, along with 37 apartments for formerly homeless seniors, to one of the city's most affluent neighborhoods.
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June 23, 2023

Adams vetoes NYC Council bills expanding rental assistance

Mayor Eric Adams has vetoed four City Council bills that would expand access to New York City's housing voucher program. Adams on Friday vetoed bills Intro. 229, Intro. 878, Intro. 893, and Intro. 894, claiming the legislation package, which was passed by the council last month, would cost the city an exorbitant amount of money and "make it harder" for homeless New Yorkers to find housing. The Council passed the legislation package late last month with a vote of 41 to 7, enough support to override the veto.
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June 21, 2023

NYC to demolish and rebuild two NYCHA complexes in Chelsea

New York City will demolish two Manhattan public housing complexes and construct brand-new high-rise apartment buildings. The New York City Housing Authority (NYCHA) on Wednesday announced a $1.5 billion plan to demolish the Elliott-Chelsea and Fulton Houses and rebuild the more than 2,000 public housing apartments currently located there. Supported by a majority of tenants who voted in a survey on the proposal, the plan also includes new retail and commercial spaces and thousands of new mixed-income units, as first reported by the New York Times.
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June 19, 2023

Lottery opens for 300+ affordable apartments at major East New York project, from $419/month

The largest project to stem from the 2016 rezoning of East New York launched a housing lottery for over 300 affordable apartments this week. Developed by the housing nonprofit Phipps Houses, Atlantic Chestnut is a block-long development with three interconnected buildings and more than 1,100 units of affordable housing. As part of the first phase, 341 apartments are available at 250 Euclid Avenue. Qualifying New Yorkers earning 30, 40, 50, 60, and 80 percent of the area median income can apply for the available apartments priced from $419/month studios to $2,273/month three-bedrooms.
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June 16, 2023

Adams ends NYC’s 90-day shelter rule for homeless New Yorkers

Mayor Eric Adams on Friday ended a rule that had required unhoused people to spend at least 90 days in shelter before qualifying for rental assistance vouchers. The emergency rule change expands eligibility for the vouchers, called CityFHEPS, which will in turn house more New Yorkers and free up space in the shelter system for asylum seekers. The move by the mayor comes a few weeks after the City Council passed a comprehensive set of bills expanding rental assistance, including the end of the 90-day rule. Adams criticized the rest of the package, citing budget costs, but did not say if he plans to veto the legislation.
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June 15, 2023

22 middle-income units available next to the Bronx Zoo, from $2,890/month

A housing lottery opened this week for 22 middle-income units in a new residential development across the street from the New York Botanical Garden and the Bronx Zoo. Located at 2279 Barker Avenue in Allerton, the newly constructed luxury building offers residents spacious units with state-of-the-art appliances. New Yorkers earning 130 percent of the area median income, or between $99,086 annually for a single person and $198,250 for a household of five, can apply for the units, which include $2,890/month studios, $3,059/month one-bedrooms, and $3,599/month two bedrooms.
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June 9, 2023

New York lawmakers fail to reach a deal on housing

Despite New York lawmakers claiming they reached a deal on a comprehensive package of housing proposals, the state legislature has failed to pass any meaningful bills during this legislative session, as first reported by the New York Times. Negotiations between state Democrats and Gov. Kathy Hochul on Thursday fell apart as the two bodies failed to reach a deal before the end of the legislative session on Friday. Lawmakers blamed Hochul for opposing their housing proposals, including those that protect tenants from eviction and major rent hikes, and the governor claimed lawmakers never presented her with any housing bills to approve.
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June 8, 2023

282 affordable apartments up for grabs in Far Rockaway, from $388/month

Applications are now being accepted for 282 affordable units at a new residential development in Queens. Located at 1626 Village Lane, the building is part of the third phase of the Rockaway Village Apartments, a huge housing complex that is replacing an abandoned strip mall. New Yorkers earning 30, 50, and 80 percent of the area median income, or between $16,252 annually for a single person and $140,080 for a household of seven, are eligible to apply for the units, which range from $388/month studios to $1,968/month three bedrooms.
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June 5, 2023

Lottery opens at new Passive House rental in Gramercy, from $836/month

A sustainable rental in one of Manhattan's most sought-after neighborhoods launched a housing lottery last week. Designed by Hill West Architects to meet Passive House standards, Gemma Gramercy is a 20-story building, located at 200 East 23rd Street, that will use 85 percent less energy than traditional buildings. Qualifying New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the available apartments, priced from $836/month studios to $3,490/month for two-bedroom units.
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June 1, 2023

Apply for 316 mixed-income apartments within Greenpoint Landing, from $410/month

A housing lottery opened this week for 316 mixed-income units at a new residential development on Brooklyn's waterfront. Located at 35 Commercial Street, the building is part of the 22-acre Greenpoint Landing development. New Yorkers earning 30, 50, 80, and 110 percent of the area median income, or between $17,006 annually for a single person and $158,510 for a household of five, are eligible to apply for the apartments, which range from $410/month studios to $2,572/month two bedrooms.
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May 31, 2023

See the 17-story mixed-use rental coming to Atlantic Avenue in Bed-Stuy

Another high-rise residential tower is coming to Brooklyn's once-industrial Atlantic Avenue corridor. Douglaston Development on Wednesday announced it secured financing for a 17-story, 474,000-square-foot mixed-use development at 1057 Atlantic Avenue in Bed-Stuy that will include 456 rental apartments and new neighborhood amenities. The tower joins several new and proposed developments on this strip of Atlantic Avenue that will bring hundreds of new homes to the area.
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May 26, 2023

125 affordable units available at energy-efficient building in East New York, from $419/month

Applications are now being accepted for 125 affordable units at Linden Terrace, an energy-efficient residential development in East New York. Located at 583 Emerald Street, the 156-unit building represents the third phase of the new affordable development. New Yorkers earning 30, 50, and 70 percent of the area median income, or between $16,938 annually for a single person and $115,850 for a household of seven, are eligible to apply for the units, which range from $419/month studios to $1,963/month three bedrooms.
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May 26, 2023

NYC Council passes legislation expanding rental assistance

The New York City Council on Thursday passed a set of bills that will help house more New Yorkers and free up shelter space for asylum seekers. The legislation ends a rule requiring unhoused people spend at least 90 days in shelter before qualifying for a rental assistance voucher, known as CityFHEPS, and expands the number of people eligible for the vouchers. Mayor Eric Adams, who may attempt to veto the bill, said the legislation will cost the city billions over the next five years.
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May 25, 2023

Citing influx of migrants, Adams looks to suspend NYC’s right to shelter rule

Citing the arrival of thousands of migrants in the city, Mayor Eric Adams wants to suspend a decades-old rule guaranteeing shelter to anyone. Adams on Tuesday filed an application with a judge asking to alter the city's right to shelter rule, which guarantees any homeless person looking for shelter access to temporary housing. The mayor is looking to rewrite the rule, which has been in place for 40 years, to allow the city to suspend the right for homeless adults when it "lacks the resources and capacity to establish and maintain sufficient shelter sites," according to Gothamist.
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May 22, 2023

89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

A housing lottery opened this week for 89 mixed-income units at a new residential development in Brooklyn. Located at 540 Fulton Street, The Paxton offers residents luxury rental units and modern amenities in the heart of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income, or between $50,812 annually for a single person and $215,150 for a household of seven, can apply for the units, priced from $1,407/month studios to $3,600/month three bedrooms.
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May 12, 2023

Apply for 22 mixed-income apartments in the heart of Flatbush, from $1,576/month

Applications are being accepted for 22 mixed-income units at a new residential development in Brooklyn. Located at 1457 Flatbush Avenue, the development offers residents spacious and modern apartments with an expansive amenity suite. New Yorkers earning 80 and 130 percent of the area median income, or between $57,429 for a single person and $156,130 for a household of three, can apply for the units, which range from $1,576/month studios to $3,126/month one-bedrooms.
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