Arker Companies

affordable housing, Architecture, New Developments, Rockaway

Edgemere Commons, Edgemere Queens, Aufgang Architects, Arker Companies

All renderings by Aufgang Architects

The City Council voted yesterday to give the go-ahead to the Arker Companies’ massive redevelopment of the former Peninsula Hospital site in Far Rockaway. Named Edgemere Commons, the 11-building project in the Edgemere neighborhood will include 2,050 units of affordable housing, the largest such project by a private developer under the de Blasio administration. It will also have commercial, community facility, and retail space, including a new supermarket, as well as a playground and a public plaza (rendering also show, of course, a food hall). After 104 years, the hospital closed in 2012 due mainly to financial troubles. The Edgemere Commons project hopes to “reactivate the site” and “spur economic growth in Far Rockaway,” according to a press release.

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affordable housing, Boerum Hill, New Developments, Policy

Rendering of 120 3rd Avenue via Aufgang Architects

The city announced on Thursday their selection of two developers, Arker Companies and Two Trees Management, to build two 16-story apartment towers on parking lots at Wyckoff Gardens, a New York City Housing Authority property in Brooklyn. However, according to the Daily News, the owners of both companies have raised a total of $124,600 for Mayor Bill de Blasio, bringing into question the influence of donations on the city’s choice of the two developers.

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affordable housing, Bronx, housing lotteries, New Developments, Rentals

Colgate Close, Arker Companies, Bronx Development, Construction, Aufgang Architects

In the Soundview neighborhood of the Bronx, the Arker Companies has commenced the affordable housing lottery process for their latest ground-up building, Colgate Close. Located at 1092 Colgate Street, where the semi-industrial area along the Bronx River evolves into a low-scale residential community, the five-story complex will contain 32 studio and one-bedrooms targeted for low-income households earning between $25,200 and $30,250 for a single person and $27,052 and $41,460 for two people. Depending on income, studios will be priced at $696 or $847 per month and one-bedrooms at $749 and $910 per month.

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Archtober2020