This rental building at 66 Ainslie Street may look like your quintessential warehouse conversion, but it was actually built from the ground up last year, designed by Aufgang Architects to blend in with East Williamsburg‘s trendy industrial vibe. Of its 50 apartments, 10 are reserved for those earning 60 percent of the area median income. These units include two $833/month studios and eight $895/month one-bedrooms and, as of tomorrow, are up for grabs through the city’s affordable housing lottery.
Back in 2012, Megalith Capital Management and Urban Realty Partners bought two neighboring DUMBO sites from the Jehovah’s Witnesses for more than $30 million. They then tapped Aufgang Architects to design both warehouse conversions: a landmarked former Brillo factory at 200 Water Street was transformed into 15 boutique condos; 181 Front Street into a 105-unit rental. Twenty percent of apartments in the latter development are reserved as affordable, and as of tomorrow, New Yorkers earning 60 percent of the area median income can apply for these 21 units, which range from $895/month one-bedrooms to $1,247/month three-bedrooms.
Go-to affordable housing firm Aufgang Architects and developer Arker Companies revealed renderings for a six-story, 67-unit building along Staten Island‘s Stapleton waterfront back in 2014. The under-construction project at 533 Bay Street, which offers low-income apartments for those 62 years of age and older, is now accepting applications for 44 of its units–three $686/month studios and 41 $737/month one-bedrooms, available to seniors earning up to 50 percent of the area media income. In addition to living in a brand-new building, residents will be in an up-and-coming area, where just a block away the massive rental development Urby is underway (the project boasts NYC’s first residential urban farm, as well as tons of retail space).
Just three blocks from Yankee Stadium and a 20-minute walk from the newly opened High Bridge is Summit Ridge, a six-story, brick affordable housing building designed by Aufgang Architects. Its 57 units, now up for grabs through the city’s lottery, are reserved for New Yorkers earning 60 percent of the area median income, or $18,275 for individuals up to $63,060 for families of six. The apartments range from $494/month studios to $1,182/month three bedrooms and have access to the building’s amenities that include bike storage, an outdoor terrace, laundry room, and community room.
The lottery is open for 53 brand new affordable units at 275 West 140th Street in central Harlem. The building, dubbed Strivers Plaza in reference to its proximity to the nearby historic homes of Striver’s Row, is an eight-story structure designed by affordable housing gurus Aufgang Architects. As previously reported by Yimby, Radson Development was able to build bigger than zoning would normally allow due to the inclusion of the below-market rate units, as well as an 8,000-square foot supermarket in what’s considered a “food desert.” Available units go from $494/month studios to $2,405/month two-bedrooms for people with a wide range of annual earnings — 40 to 165 percent of the area median income.
If the thought of residing next to the interred doesn’t bother you, here’s a chance to live just steps away from one of the city’s most beautiful and historic cemeteries. A housing lottery has opened today for 63 brand-new units at Webster Commons, a large affordable development along Webster Avenue in the Bronx, just next to Woodlawn Cemetery and not far from the New York Botanical Garden and Fordham. The apartments, which are reserved for those earning 60 percent of the AMI, include $865/month studios, $929/month one-bedrooms, and $1,121/month two-bedrooms.
Two years ago, work began on a seven-story, 17-unit building at 424 West 55th Street, on the fringes of Hell’s Kitchen and just south of Columbus Circle. The red brick structure known as West of Ninth was designed by Aufgang Architects and replaced a white brick church with a 3,000-square-foot theater that Arker Companies purchased in 2012 for $8.16 million. Initial reports thought the development would be only partly affordable, but a new posting on the city’s affordable housing list shows that all 17 of the units will be reserved for low- to middle-income tenants. The apartments will range from $1,146/month studios to $1,709/month three-bedrooms.
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.
Rendering of 66 Ainslie Street via Slate Property Group
Here’s the first look at 66 Ainslie Street, a seven-story, 50-unit rental building set to rise from the East Williamsburg corner of Ainslie and Keap Streets. According to The Real Deal, the project is being developed by Slate Property Group, led by Martin Nussbaum and David Schwartz, and the site’s previous sole owners, Tavolario and Meszaros Realty Corporation. Slate purchased the site for $15 million in an off-market deal in September.
Construction permits filed this past November by Aufgang Architects indicate that the building will contain 42,500 square feet of residential and retail space, 23 parking spaces in an underground garage, and a roof deck and fitness center. The site is also around the corner from the Metropolitan-Lorimer G and L train stop. The filing of a “major alteration” application indicates that at least some part of the existing one-story factory building will remain.