Affordable Housing

Ninety-four newly constructed units are up for grabs at 985 Bruckner Boulevard in Woodstock, the Bronx. Non-profit Community Access worked with Think! Architecture and Design on the project, which spans across ten floors and 170,000 square feet and includes 215 residential units and a 70,300 square foot community facility. Qualifying applicants earning 60 percent of the area median income can apply for units that range from $748/month studios to $1,148/month two-bedrooms.
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Affordable Housing

NY senator proposes tax relief program for New Yorkers who spend over 30 percent of income on rent

Image via Pexels

October 15, 2019

NY senator proposes tax relief program for New Yorkers who spend over 30 percent of income on rent

State Sen. Brian Benjamin has proposed a bill that aims to give New York renters a much-needed break. The Harlem Democrat's bill is modeled after the federal version proposed by Sen. Kamala Harris and would entitle lower-income tenants to a refundable tax credit if their rent and utilities account for a significant portion–over 30 percent–of their income, the Daily News reports.
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Live in a new Williamsburg rental with rooftop views and L train access, from $2,176/month

Photo by Korye Logan on Flickr

October 15, 2019

Live in a new Williamsburg rental with rooftop views and L train access, from $2,176/month

A lottery launched on Tuesday for 17 middle-income units at a new building in Brooklyn. Located at 188 Humboldt Street, the rental borders Williamsburg and Bushwick and sits just one block from the L train at Montrose Avenue. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, which range from a $2,176/month studio to a $2,758/month two-bedroom apartment.
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Affordable Housing

City will bring affordable co-living projects to East Harlem and East New York

Rendering courtesy of Common and L+M Development Partners

October 10, 2019

City will bring affordable co-living projects to East Harlem and East New York

By Dana Schulz

A year ago, the city’s Department of Housing Preservation and Development announced plans for an affordable co-living pilot program. Known as ShareNYC, the initiative "lets developers seek public financing in exchange for creating affordable, shared-housing developments," as 6sqft previously reported. The city has now selected three proposals that will create or preserve accommodations for roughly 300 residents. Two of the projects, including one by co-living giant Common, will be located in East Harlem, while the third will be in East New York.
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Lottery opens for 399 units at newly-constructed East Harlem rental complex two blocks from Central Park

The building is near Central Park’s Conservatory Garden; Photo by Cultivar 413 / Flickr cc

October 7, 2019

Lottery opens for 399 units at newly-constructed East Harlem rental complex two blocks from Central Park

399 affordable units are becoming available at a newly constructed building at 1465 Park Avenue and 128 East 108th Street in East Harlem in the rental building known as The Carolina (formerly Lexington Gardens II). The 15-floor building also contains 4,000 square feet of retail space and 38,000 square feet of community space. A solid collection of amenities includes an on-site superintendent, a fitness center, landscaped courtyards, roof terraces, on-site laundry, bicycle storage and Amazon hub lockers. Qualifying applicants earning 30, 60, and 165 percent of the area median income can apply for units that range from $680/month studios to $3,316/month three-bedrooms. There are also eight project-based Section 8 units for which eligible residents pay 30 percent of income.
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Affordable Housing

CetraRuddy’s new tower will bring affordable rentals to Downtown Brooklyn

Rendering of 22 Chapel Street courtesy of CetraRuddy

October 3, 2019

CetraRuddy’s new tower will bring affordable rentals to Downtown Brooklyn

By Dana Schulz

After breaking ground last month, the mixed-use development at 22 Chapel Street near the Manhattan Bridge now has more details to share. Designed by CetraRuddy, the 20-story tower will bring 180 rental units to Downtown Brooklyn, 45 of which will be affordable. Among other amenities, it will have a rooftop pool and terrace, along with ground-floor retail space and a new headquarters for the START organization. Completion is expected in 2021.
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Apply for 40 affordable apartments in East New York, from $590/month

Rendering courtesy of NYC HPD

October 2, 2019

Apply for 40 affordable apartments in East New York, from $590/month

A lottery opened this week for 41 affordable apartments in a newly constructed building in eastern Brooklyn. Located at 463 Livonia Avenue, the site is part of the city's Livonia Avenue Initiative, a program aimed at revitalizing the Brooklyn neighborhoods of East New York and Brownsville. Qualifying New Yorkers earning 40, 50, and 60 percent of the area median income can apply for the units, which range from a $590/month one-bedroom to a $1,449/per month three-bedroom apartment.
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Affordable Housing

Mixed-income development with healthy grocery store breaks ground in East New York

Renderings courtesy of Pennrose, LLC

October 2, 2019

Mixed-income development with healthy grocery store breaks ground in East New York

A groundbreaking celebration this week officially kicked off construction at 50 Pennsylvania Avenue in East New York. The Dattner Architects-designed project—referred to as 50 Penn—is led by Philadelphia-based developer Pennrose with RiseBoro Community Partnership, who will manage the property. It will bring 218 units of affordable and moderate-income housing to the neighborhood, alongside retail options on the ground floor that will include a healthy grocery store. The development is slated for completion in July 2021.
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Live near Van Cortlandt Park in the Bronx, from $1,075/month

Photo by Steven Pisano on Flickr

September 27, 2019

Live near Van Cortlandt Park in the Bronx, from $1,075/month

A lottery will launch next week for 36 middle-income units in the Kingsbridge neighborhood of the Bronx. Located at 3470 Fort Independence Street, the newly constructed building sits about a ten-minute walk from New York City's third-largest park, Van Cortlandt Park, and steps from Jerome Park Reservoir. Qualifying New Yorkers earning 70 and 130 percent of the area median income can apply for the apartments, which range from $1,075/month studios to $2,388/month three-bedrooms.
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Affordable Housing

Designs revealed for major mixed-use project on Lower East Side synagogue site

By Dana Schulz

In 2017, the Lower East Side's abandoned 1850 Beth Hamedrash Hagadol synagogue, which once housed the city's oldest Jewish Orthodox congregation, was severely damaged in a fire. The following year, the Chinese-American Planning Council (CPC) and developer Gotham Organization began floating plans for a two-towered, mixed-use development on the site, and they've now announced that the project is entering the city's uniform land use review procedure (ULURP). The plan includes a new headquarters for the CPC, retail space, and 488 new rental units, 208 of which will be permanently affordable with 115 set aside for affordable senior housing. Dattner Architects will also incorporate the remains of the former synagogue into a new meeting space and cultural heritage center for the congregation.
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City expands benefits of rent freeze programs for seniors and New Yorkers with disabilities

Image via Flickr

September 19, 2019

City expands benefits of rent freeze programs for seniors and New Yorkers with disabilities

The city has released updated guidelines for its rent freeze programs that help senior citizens (aged 62 and over) and tenants with qualifying disabilities (aged 18 and over) stay in affordable housing by freezing their rent. Eligible tenants living in rent-controlled apartments can now freeze their rent at the preferential level, instead of the legal rent. “The City’s rent freeze programs have given tens of thousands of New Yorkers peace of mind and housing stability,” said Mayor de Blasio. “Now that we can freeze preferential rents, the program will bring even more relief.”
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Blackstone shifts course and commits to renting all vacant, affordable units at Stuy Town

Photo by Kelly on Wiki Commons

September 9, 2019

Blackstone shifts course and commits to renting all vacant, affordable units at Stuy Town

Blackstone Group has apparently shifted course and is now renovating and leasing all vacant units at Stuyvesant Town. This comes after the landlord faced criticism following revelations that the company has been keeping 20 to 50 percent of rent-regulated apartments at Stuy Town empty in reaction to the city's new rent laws. It didn't take long for authorities, including Mayor Bill de Blasio, to express concern over the findings. On Friday, a spokesperson for Blackstone told Gothamist, “We are renovating and leasing all vacant units, and we will continue to fulfill our commitment to voluntarily preserve 5,000 affordable apartments.”
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Lottery launches for 169 affordable units near Fordham University, from $475/month

Photo by Kristine Paulus on Flickr

August 29, 2019

Lottery launches for 169 affordable units near Fordham University, from $475/month

Applications are currently being accepted for 169 newly constructed affordable apartments in the Bronx neighborhood of Fordham Manor. Located at 2519 Creston Avenue just half mile from Fordham University's campus, the building sits on a corner overlooking St. James Park. Qualifying New Yorkers earning 40, 50, 60, 80, 90, and 110 percent of the area median income can apply for the units, ranging from a $475/month studio to a $2,158/month three-bedroom.
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Affordable Housing

Harlem church’s rezoning proposal includes new tower and music school, but still no developer

Rendering by FXCollaborative

August 28, 2019

Harlem church’s rezoning proposal includes new tower and music school, but still no developer

A Harlem church looking to rezone part of Central Park North revealed plans this week to incorporate a music school and cultural center to its proposal for a 33-story residential tower. During a City Planning Commission hearing on Wednesday, La Hermosa Christian Church and FXCollaborative presented their design for the apartment building and the three-story community facility space. Congregants and church officials say the building at 5 West 110th Street is deteriorating, with many of its spaces unusable and inaccessible. "The project that we're proposing means the survival of our church," La Hermosa Pastor Dan Feliciano told the commissioners.
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Blackstone leaves dozens of rent-stabilized Stuy Town apartments empty

Image via Flickr

August 28, 2019

Blackstone leaves dozens of rent-stabilized Stuy Town apartments empty

Sources told The Real Deal that Blackstone Group is keeping 20 to 50 rent-stabilized apartments at Stuyvesant Town and Peter Cooper Village vacant, following state rent law changes that will impede the landlord's ability to raise rents through renovations. 6sqft reported last month that Blackstone—who purchased the massive 11,000+ unit apartment complex in partnership with Ivanhoe Cambridge for $5.5 billion in 2015—had stopped all non-urgent renovations and other planned work at Stuy Town and Peter Cooper Village as a result of the new rent laws.
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Nine mixed-income apartments available in the LES tower that replaced old Moscot HQ

Rendering of 118 Orchard Street by Gorlin Architects; View of former Moscot HQ via Google Street View

August 26, 2019

Nine mixed-income apartments available in the LES tower that replaced old Moscot HQ

Rendering of 118 Orchard Street by Gorlin Architects; View of former Moscot HQ via Google Street View A lottery has opened for nine mixed-income units at the new residential building rising in the Lower East Side at the corner of Orchard and Delancey. The new construction at 118 Orchard Street replaced the iconic Moscot eyeglasses store that had been there for 77 years until it moved across the street. The 12-story building topped out earlier this summer and will comprise 24 apartments in total. Individuals and households earning 70 to 130 percent of the area median income are eligible to apply for the handful of one- and three-bedroom apartments, which range from $1,115 to $2,777/month.
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Affordable Housing

City updates housing lottery policy to ease process for immigrants and low-income New Yorkers

Via Creative Commons

August 21, 2019

City updates housing lottery policy to ease process for immigrants and low-income New Yorkers

New Yorkers applying for affordable housing no longer need to provide credit scores or social security numbers, making it easier for low-income and undocumented immigrant households to qualify, the city announced Wednesday. The Department of Housing Preservation and Development expanded the guidelines of its affordable housing lottery policy to allow applicants to show 12 months of positive rental history instead of a credit check run by a landlord. This erases the need for adult household members to provide a social security number or an individual tax identification number.
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Waitlist reopens for ‘moderate-income’ rentals in Long Island City, with units up to $5,183/month

Via Flickr cc

August 19, 2019

Waitlist reopens for ‘moderate-income’ rentals in Long Island City, with units up to $5,183/month

Applications are currently being accepted to replenish the waitlist for moderate-income apartments at two Long Island City buildings. Located across from the newly opened Hunter's Point South Park, the towers at 1-50 50th Avenue and 1-55 Borden Avenue were developed in 2013 as part of the neighborhood's waterfront redevelopment, with a majority of the apartments set aside low- and middle-income households. But apartments available through the current waitlist are for households earning between $104,538 and $278,300 annually with units ranging from a $2,992/month one-bedroom to a $5,183/month three-bedroom. In 2017, the median household income in Queens was just over $64,500 per year.
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Affordable Housing

Lottery opens for 16 units from $2,100/month across from Bushwick’s Maria Hernandez Park

Image: Google street view.

August 15, 2019

Lottery opens for 16 units from $2,100/month across from Bushwick’s Maria Hernandez Park

A lottery has opened for 16 not-very-affordable units in a newly-constructed building across the street from Maria Hernandez Park in Bushwick. The building at 260 Knickerbocker Avenue is the first high rise adjoining the park. Qualifying New Yorkers earning a whopping 130 percent of the area median income can apply for the available units, including $2,100/month one-bedrooms and $2,300/month two-bedrooms.
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Affordable Housing

LPC approves 14-story complex behind East New York’s landmarked Empire State Dairy building

Revised rendering from August by Dattner Architects via LPC

August 14, 2019

LPC approves 14-story complex behind East New York’s landmarked Empire State Dairy building

Update 8/14/19: The Landmarks Preservation Commission on Tuesday approved Dattner Architects' plan to construct a 14-story building behind the Empire State Dairy. According to Brownstoner, the architects removed the cantilever element from the project's previous design and plan to preserve the chimney, instead of demolishing it. The new tower will replace two existing, but not landmarked, buildings, and include over 330 affordable apartments. An affordable housing developer on Tuesday presented plans to the Landmarks Preservation Commission for a new building that would cantilever over the Empire State Dairy building in East New York. HP Brooklyn Dairy Housing Development Fund Company, part of the nonprofit Housing Partnership Development Corporation, wants to construct a 14-story tower on top of the early 20th-century factory, located at 2840 Atlantic Avenue. Landmarked in 2017, the factory is notable for its architectural style and decorative tile murals. Dattner Architects created the designs for the proposed complex shown in the new renderings. The new construction would be a major change for the property, which was purchased by the developer for $16.75 million last year.
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114 mixed-income apartments up for grabs in Clinton Hill, from $896/month

Rendering of Athena North courtesy of Marvel Architects

August 14, 2019

114 mixed-income apartments up for grabs in Clinton Hill, from $896/month

A lottery opened this week for 114 mixed-income units at buildings that border the neighborhoods of Clinton Hill and Prospect Heights in Brooklyn. The newly constructed buildings are located at 909 Atlantic Avenue and 1043 Fulton Street, dubbed Athena South and Athena North, respectively. The affordable housing comes as part of the Hudson Companies' redevelopment of the Brooklyn Heights branch of the Brooklyn Public Library, which sits in the developer's new 38-story tower, One Clinton. Qualifying New Yorkers earning 60, 80, and 130 percent of the area median income can apply for the units, ranging from a $896/month studios to $2,952/month three-bedrooms.
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Affordable Housing

Thousands of Lower Manhattan tenants may be owed six years’ worth of back rent

Via Flickr

August 12, 2019

Thousands of Lower Manhattan tenants may be owed six years’ worth of back rent

In June, the state's Court of Appeals found that apartments at two Lower Manhattan buildings had been unlawfully deregulated by landlords who had collected millions of dollars in benefits under a 1995 tax program. Now, as The City reports, thousands of former or current tenants in the area may be owed up to six years in back rent from landlords who received the tax breaks for years.
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City seeks proposals to develop two East Harlem sites with 350 affordable units and community space

Park Avenue between East 118th and East 119th Streets (top); image via East Harlem Neighborhood Plan.

August 9, 2019

City seeks proposals to develop two East Harlem sites with 350 affordable units and community space

The city's Department of Housing Preservation and Development (HPD) on Thursday issued a request for proposals to develop two city-owned East Harlem sites. The new developments are to include 350 units of affordable housing as well as retail and cultural and community space. The RFPs are part of the East Harlem Housing Plan, which was created with community input received through the East Harlem Neighborhood Planning Process.
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Real estate investors buy $1.2B worth of NYC market-rate rentals with plan to make them affordable

The River Crossing building in Harlem; Photo by CTC Creative

July 31, 2019

Real estate investors buy $1.2B worth of NYC market-rate rentals with plan to make them affordable