Search Results for: affordable+brooklyn+neighborhoods+for+rent+apartments

November 10, 2014

Home and Away: Is Airbnb a Threat to the Affordable Housing Market?

Controversial room-sharing startup Airbnb, one of the most visible players in what is being called the “sharing economy,” has recently awakened the innovation vs. regulation argument in all the usual ways–and a few new ones, including the accusation that these short-term rentals are depleting the already-scarce affordable housing stock in pricey metro areas like San Francisco and New York City.
What the latest data reveals–and what's being done about it
August 21, 2014

Mastering the Master Plan: A Look at NYC’s Planned Neighborhoods

We often think of the street grid as New York's greatest "master plan." Officially known as the Commissioners' Plan of 1811, this put in place the original, gridded street pattern that we still know today. But there have been several other master plans that took shape on a smaller scale within the linear configuration of Manhattan. These planned communities were largely conceived to transform blighted or underutilized areas into suburban enclaves or peaceful oases within the big city. And just like the neighborhoods that grew organically among the street grid, these master-planned areas each have a unique character. They've also influenced a new crop of developments, currently under construction on the West Side and in Brooklyn.
We take a look at planned communities that historically changed the fabric of the city, as well as those on the horizon
July 16, 2014

Mayor Bill De Blasio Proposes to Transform Downtown Brooklyn

Mayor Bill de Blasio is set to make a proposal on Wednesday that will launch an initiative to transform Downtown Brooklyn into a community that will rival some of its brownstone counterparts. The area has undoubtedly grown significantly over the last decade with new restaurants and cultural institutions that have attracted an influx of residents. However locals feel that the area still feels a bit disconnected. De Blasio’s plan aims to create a greater sense of community in the neighborhood.
Find out more about the proposal here
June 17, 2014

Growth Spurt: Brooklyn’s Tallest Tower at 333 Schermerhorn Will Soar Even Higher Than Expected

Construction filings from the Department of Buildings have revealed that Douglas Steiner's mixed use tower at 333 Schermerhorn Street, dubbed the Hub, will soar 30 feet higher than previously reported; making it the top contender for Brooklyn's tallest building at 607-feet. For more than 80 years, the title of Brooklyn's tallest belonged to the 512-foot Williamsburg Savings Bank tower at 1 Hanson Place. With its beloved 4-sided clock tower and its majestic banking hall, the tower has stood in relative isolation since its construction in 1929. Bruce Ratner's Atlantic Yards centerpiece building nicknamed "Miss Brooklyn," was the first to challenge the tower's dominance and was slated to soar more than 100-feet above the bank building's dome. The proposal incited uproar from Brooklynites, leading to its eventual downsizing in 2006 to 511-feet, just one foot shorter than the neighboring bank building.
More about The Hub and Brooklyn's tallest this way
March 24, 2026

MTA lot in Crown Heights to become 300-unit residential building

New York is looking to transform a parking lot in Crown Heights owned by the MTA into the neighborhood's next residential development. The agency on Tuesday released a request for proposals seeking developers to build approximately 300 new housing units at 1119 Pacific Street, an underutilized lot used by New York City Transit as part of a cable shop. Approved by the City Council last year, the rezoning of the area has enabled the construction of new residential buildings in the formerly industrial area.
See the plan
November 17, 2025

The best new apartment buildings near Prospect Park

With its 585 acres of woodlands, waterways, and meadows, Prospect Park is a serene escape in the heart of Brooklyn. Designed by Frederick Law Olmsted and Calvert Vaux in the 1860s, the public park is one of Brooklyn's most beautiful places to wander and connect with nature. As more renters and buyers prioritize access to green space, new residential developments have been popping up in neighborhoods around the park. For those looking to live near Brooklyn's Backyard, we rounded up the best new apartment buildings located within a mile of Prospect Park.
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November 13, 2025

Turning cubicles to condos: The pros and cons of office-to-residential conversions in NYC

Across New York City’s five boroughs, office space occupies 730 million square feet (600 million of which is in Manhattan), according to CoStar data obtained by New York City Comptroller Brad Lander. This is the most of any North American city; runner-up Los Angeles has only 432 million square feet of office space. So, it’s no wonder that the conversation around post-Covid commercial real estate vacancies is such a hot-button issue, especially considering that Manhattan’s residential vacancy rate is just 1.2 percent.
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October 7, 2025

The best design tours to book during Archtober 2025

New York City's annual Archtober festival, which celebrates the city’s defining architecture, has returned for its 15th year. This year’s theme, "Shared Spaces," invites participants to rethink how New Yorkers “move, connect, and live together.” As part of the festival, Archtober’s Building of the Day series lets visitors embark on architect-led tours of featured projects across all five boroughs. Ahead, discover a selection of tours not to be missed, from the transformation of Chelsea’s historic Terminal Warehouse to the nation’s largest office-to-residential conversion in the Financial District.
book a tour
September 25, 2025

Adams targets city-owned sites in Williamsburg and East Harlem for 1,700 homes

Two city-owned sites could be redeveloped into at least 1,700 new homes. Mayor Eric Adams on Thursday said the city will issue requests for proposals for 900 homes at 390 Kent Avenue, one of the last underutilized waterfront sites in Williamsburg, and 800 homes at 1880 First Avenue in East Harlem, currently a parking lot for NYC Health + Hospitals. The two properties were identified through an executive order Adams signed in August 2024, directing city agencies to determine if housing could be built on any properties they owned.
get the details
August 5, 2025

The rise of the next Williamsburg: How Gowanus went from eyesore to eye-popping prices

It’s been 20 years since The New York Times reported that city officials voted "to let developers turn the decaying north Brooklyn waterfront, with its relics of Brooklyn's industrial past, into a neighborhood of residential towers with a parklike esplanade along the East River." In the two decades since, this version of Williamsburg was replaced by the first generation of "hipsters," glassy condo towers with Manhattan views, and throngs of Manhattanites crowding the L train to hit up Union Pool and Maison Premiere. Now, a new rezoning is putting another Brooklyn neighborhood on the same path. This time, the waterfront is the once-toxic Superfund-designated Gowanus Canal.
there goes gowanus?
July 17, 2025

NYC’s first wave of office-to-residential conversions could create over 17,000 new homes, report says

New York City’s first wave of office-to-residential conversions could yield over 17,000 new apartments, highlighting the potential for such projects to help ease the city’s housing shortage, according to a new report. Published on Thursday by City Comptroller Brad Lander, the report finds that 44 office conversions initiated after the pandemic could transform 15.2 million square feet of office space into as many as 17,400 homes over the coming years. However, the report warns that the city’s new 467-m tax break may be overly generous, potentially costing $5.1 billion in lost property tax revenue over 37 years.
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May 29, 2025

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

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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April 7, 2025

NYC metro area could lose 80,000 homes to flooding by 2040

More than 80,000 homes in New York City’s low-lying neighborhoods and surrounding suburbs are at risk of being lost to flooding in the next 15 years, according to a new report. Released Monday by the Regional Plan Association (RPA), the report warns that the region's housing shortage could reach 1.2 million homes by 2040, as heightened flood risks render large portions of land across the five boroughs undevelopable. While Long Island is projected to face the most significant impact overall, waterfront neighborhoods in southeast Queens, Brooklyn, and Staten Island are among the most vulnerable.
Discover more
January 10, 2024

Hochul calls for replacement and extension of 421-a tax abatement in NYC

As housing production in New York City hits new lows, Gov. Kathy Hochul is calling once again for a replacement of the 421-a tax abatement program that expired in 2022. During her 2024 State of the State address on Tuesday, the governor said she plans to introduce legislation permitting the city to offer a tax break to developers of new rental construction, as well as an extension of the completion deadline of the expired program. Hochul's previous proposals to replace the program in 2022 and 2023 failed to move forward.
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October 10, 2023

Your guide to the West Village: New York City’s downtown heart of cultural history

It may seem challenging to navigate the winding, narrow streets in one of the few Manhattan neighborhoods not arranged on a sensible grid. Fortunately, it’s also hard to make a wrong turn no matter where you end up in the West Village. And there’s so much to see and do in this iconic and charming neighborhood, that you may find it even harder to leave.
discover the west village, old and new
July 19, 2023

Benefits of 421-a tax break extended to Gowanus developers

Developers of certain residential buildings in Gowanus will qualify for a tax break with benefits similar to 421-a, the program which expired last year, Gov. Kathy Hochul announced on Tuesday. As part of an executive action issued by the governor, projects in the Brooklyn neighborhood that qualified for 421-a before it lapsed but won't meet the 2026 completion deadline would qualify for tax breaks. The order is one of several Hochul announced as a way to spur residential construction after state lawmakers failed to reach a deal on a housing plan.
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May 17, 2023

Your guide to Morningside Heights: A college town in a city neighborhood

Bookended by Morningside and Riverside Parks on a high plateau in Upper Manhattan, Morningside Heights is tucked between the neighborhoods of Manhattanville to the north and Manhattan Valley to the south. The neighborhood's street boundaries are Morningside Drive to the east, 125th Street to the north, 110th Street to the south, and Riverside Drive to the west, with Broadway as its main commercial thoroughfare. Morningside Heights is also considered to be part of Harlem–with the Upper West Side just below. To use a bookend analogy is fitting: Morningside Heights is the largest student neighborhood in New York City; it is this distinction that provides the city neighborhood with its college town vibe.
What to do and see, and where to live in Morningside Heights
February 17, 2023

Plans unveiled for David Adjaye’s Restoration Plaza revamp in Bed-Stuy

Plans to transform Brooklyn's Restoration Plaza into a global cultural and economic hub were unveiled this week. Non-profit Bedford Stuyvesant Restoration Corporation on Thursday released renderings and new details of its plan to reimagine its headquarters with an 840,000-square-foot mixed-use campus designed by renowned architect Sir David Adjaye. The plan expands and modernizes existing space, adds office and retail space, and creates new public open space in the heart of Bed-Stuy. According to the developer team, the Innovation Campus is a direct response to the country's racial wealth gap, particularly the economic barriers Black New Yorkers face in Brooklyn.
See more here
December 15, 2022

Vote for 6sqft’s 2022 Building of the Year!

Following a year of records, rebounds, and recovery, the real estate industry in New York City went for a roller coaster ride in 2022. And while the luxury market is always shifting, it's never boring. This year, we saw the resumption of projects brought to a stop by the pandemic, sales finally launching at the skyline's newest darlings, and some of the city's most creative architecture in years taking shape. 6sqft's picks are down to 14 of the most notable residential projects this year. Which do you think deserves the 2022 Building of the Year title? Polls for our eighth annual competition will remain open through 12 p.m. on Wednesday, December 28. A winner will be announced on Thursday, December 29. Happy voting!
Vote here
November 19, 2021

Lottery opens for 24 income-restricted condos in Bed-Stuy, available to buy from $204K

Applications are now being accepted for 24 income-restricted condos available for purchase in Bed-Stuy. Located at 948 Myrtle Avenue, the apartments are open to New Yorkers earning 60 or 80 percent of the area median income, ranging from a single person with an income of between $37,500 and $50,160 and a five-person household with an income up to $103,120. Available as part of the city's Inclusionary Housing Program, the units include a mix of studio, one-, and two-bedroom homes, listed for between $203,682 and $355,811.
Find out if you qualify
October 21, 2021

Lottery opens for 138 mixed-income units a block from the Coney Island boardwalk, from $558/month

Here's a chance to live a block from Coney Island's beloved beach and boardwalk of  at a discount. A housing lottery launched this week for 138 affordable apartments at a new complex on Surf Avenue and West 20th Street in the Brooklyn neighborhood. Dubbed Raven Hall, the development has on-site laundry, a community center, a fitness center, and a rooftop terrace with ocean views. New Yorkers earning 40, 50, 60, and 100 percent of the area median income can apply for the units, priced from $558/month studios to $2,229/month three-bedrooms.
Find out if you qualify
March 29, 2021

What will post-pandemic real estate look like in NYC? Experts weigh in

A year ago, there was so much uncertainty surrounding the pandemic and politics, which made real estate somewhat of a gamble, at least in hard-hit New York City. When it came to the headlines, it seemed all anyone could talk about was the mass exodus from the city. Home prices were soaring in the surrounding suburbs, with stories of lines around the block for open houses and bidding wars. But in the city, vacancies were at an unprecedented high. A year later, though, and a quarter of New Yorkers are vaccinated, and we're starting to see "normal" life resurface. To understand how the residential real estate market is rebounding, we spoke to experts in the field, including brokers, developers, and data gurus, to get their thoughts on timing, prices, the luxury market, surrounding suburbs, and more.
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December 30, 2020

6SQFT’S TOP STORIES OF 2020!

Like it was for everyone, 2020 was challenging for team 6sqft. We started working from home, we stopped being out and about in our beloved city, and we shifted our coverage to keep our readers up-to-date on the ever-evolving pandemic. But there were also a lot of silver linings. We helped our fellow New Yorkers get the info they needed, while also providing a welcome escape through our cool listings column and upbeat guides. Ahead, see which stories you read the most this year, from tracking COVID cases and antibody rates by zip code to outdoor dining and hiking guides to celebrity real estate and a castle for sale.
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December 17, 2020

Oops! 2020 did it again! We have TWO Buildings of the Year

Earlier this week, 6sqft reported that 15 Hudson Yards was voted 2020 Building of the Year with a whopping 50 percent of the votes. However, after we discovered a glitch in our vote-counting system (how 2020!), the results are too close to call and it’s a virtual tie with One South First. If it were another year, we would extend the voting to call a single winner, but it is 2020, and we don’t want to think about voting anymore! The fact that our readers put these two buildings on par is fitting, as they are both prominent projects that have changed the trajectories of their respective neighborhoods--15 Hudson Yards at the Hudson Yards mega-development and One South First at the Domino Sugar development on the south Williamsburg waterfront. Ahead, learn more about the two buildings and what sets them apart.
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May 29, 2020

23 chances to live in a new Boerum Hill building, from $1,262/month

A housing lottery launched on Friday for 23 middle-income apartments in one of Brookyn's most bustling and transit-friendly neighborhoods, Boerum Hill. Located at 346 Bergen Street, the six-story rental sits two blocks from the Atlantic Avenue Terminal, which holds the 2, 3, 4, 5, B, D, N, Q, R, and Long Island Rail Road trains. New Yorkers earning 70 or 130 percent of the area median income can apply for the apartments, which range from $1,262/month one-bedroom to a $2,803/month two-bedroom.
Do you qualify?