Affordable Housing

Lottery opens for 91 apartments at new Long Island City rental tower, from $2,750/month

Credit: NYC Department of Housing Preservation and Development

April 17, 2025

Lottery opens for 91 apartments at new Long Island City rental tower, from $2,750/month

A housing lottery launched this week for 91 middle-income apartments at a new residential development in Long Island City. Located at 43-14 Queens Street in the neighborhood's Court Square section, the 19-story building marks the second phase of the expansive Eagle Loft complex, which has converted the former Eagle Electric factory into hundreds of luxury apartments. New Yorkers earning 130 percent of the area median income can apply for the units, priced at $2,750/month for studios and $3,475/month for one bedrooms.
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Affordable Housing

71 affordable apartments available at Passive House development in Bed-Stuy, from $556/month

652 DeKalb Avenue. Credit: NYC Department of Housing Preservation and Development

April 14, 2025

71 affordable apartments available at Passive House development in Bed-Stuy, from $556/month

By Aaron Ginsburg

A new residential development in Bed-Stuy launched a housing lottery this week for 71 affordable apartments. Dekalb Commons is a three-building complex with 85 affordable residences and commercial space, designed to meet Passive House standards. New Yorkers earning 30, 40, 60, 70, and 80 percent of the area median income can apply for the units, priced from $556/month studios to $2,974/month three bedrooms.
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Affordable Housing

April 8, 2025

New rental tower on Gowanus Canal opens lottery for 45 mixed-income apartments, from $874/month

By Aaron Ginsburg

A new residential development on the Gowanus Canal has launched a housing lottery for 45 mixed-income apartments. Society Brooklyn consists of two 21-story towers with more than 500 apartments and a waterfront esplanade. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the available units at 504 Sackett Street, priced from $874/month one-bedrooms.
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Affordable Housing

Citi Field casino team throws in 450 units of affordable housing to enhance bid

Project rendering courtesy of Aufgang Architects

April 3, 2025

Citi Field casino team throws in 450 units of affordable housing to enhance bid

By Aaron Ginsburg

New York Mets owner Steve Cohen is enhancing his bid to build a casino by pledging 450 affordable housing units. Queens Future LLC, a joint venture between Cohen and Hard Rock International, and Slate Property Group announced on Wednesday plans to develop a 100 percent affordable building on a parking lot at 54-19 100th Street in Corona, Queens. The development will only be built if Cohen is awarded one of three gaming licenses to build "Metropolitan Park," a proposed $8 billion sports and entertainment complex next to Citi Field.
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Next phase of affordable Far Rockaway development breaks ground

Rendering by Aufgang Architects

April 2, 2025

Next phase of affordable Far Rockaway development breaks ground

By Aaron Ginsburg

Construction is set to begin on an affordable residential building within a new development in Far Rockaway. As first reported by Commercial Observer, Tishman Speyer's TS Communities announced it secured financing and will break ground this month on Edgemere Commons A2, a 100 percent affordable building at 337 Beach 52nd Street and the second all-affordable development within the larger Edgemere Commons complex. The building will rise 18 stories and deliver 244 affordable apartments ranging from studios to three bedrooms, for households earning between 40 and 80 percent of the area median income.
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Luxury rental in Crown Heights opens lottery for 72 middle-income units, from $1,869/month

Credit: NYC Department of Housing Preservation and Development

April 2, 2025

Luxury rental in Crown Heights opens lottery for 72 middle-income units, from $1,869/month

By Aaron Ginsburg

In an industrial stretch of Crown Heights, a new luxury rental opened a housing lottery for 72 middle-income apartments. Currently under construction at 953 Dean Street, Prospect House is a nine-story development with 240 apartments and upscale amenities, including a rooftop terrace and private courtyard. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,869/month for studios.
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Affordable Housing

East Village rental opens lottery for 40 mixed-income apartments, from $989/month

Credit: NYC Department of Housing Preservation and Development

March 31, 2025

East Village rental opens lottery for 40 mixed-income apartments, from $989/month

By Aaron Ginsburg

A housing lottery launched last week for 40 mixed-income apartments at a new mixed-use development in the East Village. Located at 280 East Houston Street, the 12-story building, called "The Houston," offers modern residences, exclusive amenities, and a prime location at the intersection of the East Village and the Lower East Side. New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the units, priced from $989/month studios to $4,543/month two-bedrooms.
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Affordable Housing

Former JFK Airport hotel launches lottery for 125 affordable apartments, from $784/month

Rendering of the indoor/outdoor garden planned for residents at Baisley Pond Park Residences. Courtesy of OSD

March 24, 2025

Former JFK Airport hotel launches lottery for 125 affordable apartments, from $784/month

By Aaron Ginsburg

A former hotel near John F. Kennedy International Airport that has been converted into a housing development launched a lottery last week for 125 affordable apartments. Located at the former JFK Hilton in South Jamaica, the Baisley Pond Park Residences includes over 300 affordable and supportive housing units, a 2,400-square-foot healing garden, and on-site social services. New Yorkers earning 50 and 60 percent of the area median income can apply for the apartments, priced from $784/month for studios to $1,493/month for two bedrooms.
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Affordable Housing

March 21, 2025

Long-abandoned Clinton Hill site to become affordable housing

By Aaron Ginsburg

A long-abandoned building in Clinton Hill may finally be redeveloped. Gov. Kathy Hochul on Thursday issued a request for proposals for 1024 Fulton Street, a 12,800-square-foot state-owned site between Grand and Classon Avenues. The governor wants a developer to demolish the derelict building, which has been vacant for nearly 30 years, and build a new mixed-use project with 100 percent affordable homes. Officials have made several attempts to redevelop the eyesore over the years without success.
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Affordable Housing

NYC’s plan to rezone Jamaica calls for 12,000 new homes

Jamaica Avenue and 165th Street. All images courtesy of DCP

March 20, 2025

NYC’s plan to rezone Jamaica calls for 12,000 new homes

By Aaron Ginsburg

New York City is moving forward with a new rezoning initiative that could bring more than 12,000 new homes to downtown Jamaica, Queens. On Thursday, the Department of City Planning (DCP) began the approval process for the plan, which looks to rezone about 300 blocks in the neighborhood to allow for thousands of new homes, including 4,000 units that would be income-restricted. If approved, the rezoning would create the city's largest Mandatory Inclusionary Housing area, add two million square feet of commercial space, and generate more than 7,000 new jobs, according to the Queens Eagle.
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Atlantic Avenue rezoning approved by City Planning Commission

By Aaron Ginsburg

A plan to create thousands of new homes, jobs, and open space along Atlantic Avenue in Brooklyn is one step closer to becoming reality. The City Planning Commission (CPC) on Wednesday voted to approve the Atlantic Avenue Mixed-Use Plan, a rezoning that could bring 4,600 new homes, 1,440 of which would be permanently affordable, 2,800 permanent jobs, and various public realm enhancements to a 21-block stretch of Atlantic Avenue. The plan now moves to the City Council for a final vote.
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41 middle-income apartments available at huge development on Astoria waterfront, from $3,261/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

March 18, 2025

41 middle-income apartments available at huge development on Astoria waterfront, from $3,261/month

By Aaron Ginsburg

Applications are now being accepted for 41 middle-income apartments in two new residential towers on the Astoria waterfront. Located at 20 and 30 Halletts Point, the buildings are part of the second phase of the massive Halletts Point development, which aims to deliver over 2,000 new homes. The towers offer tenants brand-new, modern residences with stunning views of the East River and Manhattan skyline. New Yorkers earning 120 percent of the area median income can apply for the units, priced from $3,261/month studios to $4,194/month two bedrooms.
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Affordable Housing

93 affordable and supportive homes open at Bed-Stuy’s Woodhull Hospital

Credit: Ed Reed/Mayoral Photography Office on Flickr

March 14, 2025

93 affordable and supportive homes open at Bed-Stuy’s Woodhull Hospital

By Aaron Ginsburg

Nearly 100 new affordable and supportive homes for homeless and low-income New Yorkers opened at Woodhull Hospital in Bed-Stuy. City officials on Thursday celebrated the opening of the second phase of Woodhull Residences, a $41.5 million, 93-unit building providing affordable and supportive housing for NYC Health + Hospitals patients experiencing homelessness, as well as low-income seniors and other New Yorkers. Located at 171 Throop Avenue, the project is part of the agency’s "Housing for Health" initiative, which aims to create 650 affordable homes over the next five years.
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Affordable Housing

Mayoral hopeful Lander proposes 50,000 new homes on NYC golf courses

Van Cortlandt Golf Course. Photo by Shannon McGee on Flickr

March 13, 2025

Mayoral hopeful Lander proposes 50,000 new homes on NYC golf courses

By Aaron Ginsburg

In a proposal likely to make golf lovers tee off, mayoral candidate Brad Lander wants to turn some of New York City's public golf courses into 50,000 new homes to tackle the housing crisis. The idea, included in the city comptroller's 36-page housing proposal released last week, is a key element of Lander’s vision to create 500,000 new homes across the five boroughs over the next decade, if elected mayor. In order to achieve these ambitious housing goals, Lander said he would declare a housing emergency to speed up construction and triple subsidies for affordable housing.
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Hell’s Kitchen rental opens lottery for 13 apartments, from $2,500/month

Photos © Ondel Hylton

March 13, 2025

Hell’s Kitchen rental opens lottery for 13 apartments, from $2,500/month

By Aaron Ginsburg

A housing lottery launched this week for 13 middle-income apartments at a residential tower in the heart of Hell's Kitchen. Located at 360 West 43rd Street, the 23-story building offers luxury apartments and amenities like a rooftop terrace and fitness center in prime Midtown West. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $2,500/month studios to $3,800/month two bedrooms.
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Affordable Housing

Lottery opens for 330 apartments at huge office-to-residential conversion in FiDi, from $932/month

Rendering courtesy of Streetsense

March 6, 2025

Lottery opens for 330 apartments at huge office-to-residential conversion in FiDi, from $932/month

By Aaron Ginsburg

Here's your chance to live in the nation's largest office-to-residential conversion in the Financial District. A housing lottery launched this week for 330 affordable apartments at 25 Water Street, a former 1960s office tower once home to JPMorgan Chase and the Daily News that now holds 1,320 luxury apartments. New Yorkers earning 40, 80, and 90 percent of the area median income can apply for the units, priced from $932/month studios to $3,286/month three bedrooms.
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Financial District office tower to be razed and replaced with 1,000 apartments

100 Gold Street. Photo courtesy of NYCEDC

March 6, 2025

Financial District office tower to be razed and replaced with 1,000 apartments

By Devin Gannon

The city is looking for a developer to raze and replace an aging government building in the Financial District with over 1,000 apartments. On Wednesday, Mayor Eric Adams, the New York City Economic Development Corporation, and the Department of Housing Preservation and Development issued a request for proposals (RFP) to transform 100 Gold Street into a mixed-income residential building. Currently, the nine-story office tower is occupied by several city agencies, with most of the space utilized by the housing department.
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Affordable Housing

Rental on the Park Slope-Gowanus border opens lottery for 50 affordable apartments, from $874/month

All renderings courtesy of the NYC Department of Housing Preservation and Development

March 4, 2025

Rental on the Park Slope-Gowanus border opens lottery for 50 affordable apartments, from $874/month

By Devin Gannon

A new rental building on the border of Park Slope and Gowanus opened a lottery for 50 affordable apartments. Longview is a 17-story tower at 380 4th Avenue with 197 homes, 30,000 square feet of amenities, and 14,000 square feet of retail space. New Yorkers earning 40, 60, and 90 percent of the area median income can apply for the apartments, priced from $874/month studios to $2,532/month two-bedrooms.
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Affordable Housing

March 3, 2025

Former East Harlem college dorm and migrant shelter to become 433 affordable homes

By Aaron Ginsburg

A former college dormitory in East Harlem that also served as temporary shelter for migrants will become an affordable housing development. Gov. Kathy Hochul last week announced construction kicked off at 1760 Third Avenue, a 19-story building that once operated as student housing for CUNY and later housed hundreds of asylum seekers. Developed by Breaking Ground and designed by Dattener Architects, the project includes renovating and converting the building into 433 supportive and affordable homes, including 261 units reserved for individuals with mental illness. This marks the first supportive housing project funded under Hochul's landmark $1 billion mental health initiative.
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Intrepid Museum parking lot in Hell’s Kitchen slated for development

Photo by Acroterion on Wikimedia

February 28, 2025

Intrepid Museum parking lot in Hell’s Kitchen slated for development

By Aaron Ginsburg

New York is seeking proposals to transform a parking lot in Hell's Kitchen used by the Intrepid Museum into a mixed-use development. Gov. Kathy Hochul on Friday issued a request for proposals for the site at 621 West 45th Street, which measures just over 50,500 square feet on 12th Avenue between West 45th and West 46th Streets. Proposed for one of the largest undeveloped parcels on Manhattan's far West Side, the project presents an opportunity to bring much-needed affordable housing to a state-owned site in the city.
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Affordable Housing

Long Island City skyscraper opens lottery for 109 apartments, from $1,548/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

February 27, 2025

Long Island City skyscraper opens lottery for 109 apartments, from $1,548/month

By Devin Gannon

A new skyscraper in Long Island City opened a lottery for over 100 mixed-income apartments last week. Located at 26-32 Jackson Avenue in the neighborhood's Court Square section, The Italic sits across from its sister building The Bold, keeping with the typeface theme. The rental buildings were jointly developed by Fenter Group and Lions Group and designed by SLCE. The Italic is the taller of the two at 49 stories and contains over 360 apartments. Qualifying New Yorkers earning 70, 90, 120, and 125 percent of the area median income can apply for the apartments, priced from $1,548/month studios to $4,173/month three-bedrooms.
do you qualify?

Affordable Housing

Coney Island West plan calls for 1,500 new homes, boardwalk upgrades

Renderings courtesy of ONE Architecture & Urbanism

February 20, 2025

Coney Island West plan calls for 1,500 new homes, boardwalk upgrades

By Devin Gannon

The city is moving ahead with a plan to bring thousands of mixed-income homes, new retail, and boardwalk and street improvements to Coney Island. Mayor Eric Adams and the city's Economic Development Corporation on Thursday released their vision for "Coney Island West," a waterfront development area west of the Amusement District. On Thursday the city issued a request for proposals for the first city-owned parcel, kicking off the development of 1,500 new homes.
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City seeks proposals for 100% affordable development and new rec center in Hudson Square

Courtesy of NYC HPD

February 19, 2025

City seeks proposals for 100% affordable development and new rec center in Hudson Square

By Devin Gannon

The city is seeking proposals for a new mixed-use development in Hudson Square with 100 percent affordable housing and a new recreation center. Mayor Eric Adams' office on Tuesday released a request for proposals for 388 Hudson Street, a roughly 14,000-square-foot vacant lot owned by the Department of Environmental Protection. The housing and rec center is proposed for the northern portion of the site, with a new public plaza planned for the southern end.
details here

26 apartments available at new waterfront development in Williamsburg, from $3,434/month

Renderings courtesy of Naftali Group, unless otherwise noted

February 18, 2025

26 apartments available at new waterfront development in Williamsburg, from $3,434/month

By Aaron Ginsburg

Here's a chance to live at a new waterfront development in Williamsburg for slightly less. A housing lottery opened last week for 26 middle-income apartments at Williamsburg Wharf, an under-construction five-tower complex at 464-484 Kent Avenue. Upon completion, the development will add 850 condo and rental residences with resort-style amenities and a new waterfront park to the neighborhood. New Yorkers earning 130 percent of the area median income can apply for the rent-stabilized apartments, priced from $3,434/month for studios to $4,395/month for two bedrooms.
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Affordable Housing

NYC Council approves Windsor Terrace rezoning with shorter towers, more affordable units

The originally proposed 13-story buildings. Rendering courtesy of Gerald J. Caliendo Architects

February 14, 2025

NYC Council approves Windsor Terrace rezoning with shorter towers, more affordable units

By Aaron Ginsburg

Two buildings at the site of an industrial laundry business in Windsor Terrace are set to become a 250-unit housing complex. Following approval by the Subcommittee on Zoning and Franchises and Committee on Land Use, the full City Council voted to approve the Arrow Linen rezoning at 441 and 467 Prospect Avenue, clearing the path for the construction of two 10-story buildings with 250 new apartments, 40 percent of which will be affordable. The approval comes after more than a year of negotiations, which reduced the project's height from the original 13 stories and increased the share of affordable units from 25 percent.
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