As we recently noted, “Midwood might not yet be considered an up-and-coming ‘hood,” but it is getting a Target and the food hall treatment, which seems to be NYC’s answer to the “Whole Foods effect.” And for New Yorkers who are keen to get in at the very beginning of a possible transformation, the city’s latest affordable housing lottery could be just the answer. As of today, middle-income households earning 130 percent of the area median income can apply for 15 units at the newly constructed rental 1930 Avenue M. It’s located right at the corner of Ocean Avenue, which in recent years has seen a surge of new residential development. The available apartments range from $1,350/month studios to $2,050/month two-bedrooms.
Midwood might not yet be considered an up-and-coming ‘hood, but this new mixed-use project from trendy architects SHoP might be the first step. CityRealty spotted renderings for a 10-story commercial building at 1508 Coney Island Avenue, which will be one of the largest in the area. Preliminary outlines detail three floors of medical offices, three floors for non-profit offices, and two floors for co-working. Plus, there will be two levels of parking, two levels of retail, an event space, restaurant, and, of course, food hall. And while SHoP’s design for the exterior seems pretty straightforward, the interiors take on a bit more of a fantastical approach.