Image courtesy of the NYC Department of Housing Preservation and Development

A luxury rental in Long Island City is now accepting applications for 48 below-market-rate units. Located at 27-10 44th Drive in the Court Square section of the neighborhood, 8 Court Square rises 20 stories, contains 157 apartments, 10,000 square feet of retail, and sits across the street from four subway lines. New Yorkers earning 130 percent of the area median income, or between $99,292 annually for a single person and $187,330 for a household of five, are eligible to apply for the apartments, which include $2,896/month studios, $3,094/month one-bedrooms, and $3,689/month two-bedrooms.

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Rendering courtesy of Hill West Architects

A housing lottery opened for 26 middle-income units at a new residential development in Brooklyn. Located at 160 Clarkson Avenue, the building offers prospective tenants brand new, luxury apartments on the border of Prospect Lefferts Gardens and Flatbush, just a few blocks from Prospect Park. New Yorkers earning 130 percent of the area median income, or between $72,000 for a single person and $187,330 for a household of five, can apply for the apartments, priced at $2,100/month for one-bedroom apartments and $2,500/month for two bedrooms.

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Rendering courtesy of ArX Solutions

The priciest private development in the Bronx opened its first residential tower this week with rents to match. Developed by Brookfield Properties, the $950 million mixed-use Bankside project is one of the largest private investments in Bronx history and sits on 4.3-acres along the Mott Haven waterfront. On Thursday, rents for the market-rate apartments at Third at Bankside were revealed, with prices ranging from $2,455/month for studio apartments to $7,334/month for a three-bedroom unit with a private terrace.

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Images courtesy of the NYC Department of Housing Preservation and Development

Nearly 100 new middle-income units are up for grabs at a new residential tower in Queens. Located at 160-05 Archer Ave in Jamaica, One Archer provides its residents with easy access to Manhattan and a wide variety of amenities, including a rooftop with impressive views. New Yorkers earning 130 percent of the area median income, or between $54,858 annually for a single person or $167,570 annually for a family of five, are eligible to apply for the apartments, which range from $1,550/month studios to $2,345/month two-bedrooms.

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Image courtesy of Michael Roberto on Wikimedia

Brooklyn’s cherished 119-year-old Grand Prospect Hall will be replaced with a new luxury apartment building. The Victorian-era banquet hall located at 263 Prospect Avenue in Greenwood Heights was owned for over 40 years by Michael and Alice Halkias, who captured the attention of New Yorkers through their over-the-top television commercials advertising the hall. As first reported by Yimby, permits were filed last month for a 147-unit apartment building at the site with 180 underground parking spaces, recreational spaces, and a fitness room.

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Rendering courtesy of ArX Solutions

A housing lottery opened this week for 134 middle-income units at a new development in the South Bronx. Developed by Brookfield Properties, Third at Bankside is the first phase of Bankside, the most expensive private development in Bronx history. New Yorkers earning 130 percent of the area median income are eligible to apply for the apartments, which range from $1,795/month studios to $2,900/month two-bedrooms.

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Rendering: LCP360

As the first phase nears completion, a fresh set of renderings has been released of one of the most expensive private development in Bronx history. Developed by Brookfield Properties, Bankside is a $950 million seven-tower complex that stretches across two Harlem River-facing parcels in Mott Haven. New images of the massive development show off the project’s 450-unit rental set to open this year, as well as the new public waterfront park and esplanade.

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Rendering courtesy of Robert A.M. Stern Architects, Acheson Doyle Partners, Hill West Architects

Two five-story apartment buildings in the Greenwich Village Historic District will be demolished to make way for a 213-foot-tall luxury condo tower. The Landmarks Preservation Commission on Tuesday approved plans from Madison Realty Capital and City Urban Realty to raze 14-16 Fifth Avenue, an apartment building that sits just north of Washington Square Park. Preservationists campaigned against the demolition of the building since the project was first announced in 2017, citing the history of the 170-year-old structure as significant enough for protection.

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Renderings courtesy of ArX Solutions

The most expensive private development in the Bronx continues to progress. Brookfield Properties announced this month that the final tower at the phase one site of Bankside, a seven-tower waterfront complex in Mott Haven, has topped out. The $950 million mixed-use project takes up two parcels on either side of the Third Avenue Bridge on the Harlem River. Third at Bankside, located at 2401 Third Avenue, has officially topped out and developers have broken ground at Lincoln at Bankside, located at 101 Lincoln Avenue.

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