Bed Stuy
The Governor’s announcement is part of the billion dollar “Vital Brooklyn” program (Mike Groll/Office of Governor Andrew M. Cuomo)This week, Governor Cuomo announced funding to create 1,000 affordable homes for seniors on unused NYCHA land in Central Brooklyn. The $15 million commitment is part of the
Arts & Culture
The Brownsville Arts Center and Apartments rendering (By Aufgang Architects) BROWNSVILLE – A billion dollar development is headed for Brownsville, bringing an arts center and nearly 900 affordable housing units across three buildings to the neighborhood, to be built on city-owned sites. The Brownsville Arts Center & Apartments will contain 230
Bed Stuy
BED-STUY/CROWN HEIGHTS – Three affordable housing lotteries are currently open—two in Crown Heights and one in Bedford-Stuyvesant. See below for details. 901 Myrtle Avenue, Bed-Stuy – The lottery launched last Thursday for 7 one-bedroom units at a building currently under construction in Bed-Stuy between Marcy and Tompkins Avenues. The affordable
Greenpoint
The Greenpoint Savings Bank on Manhattan Avenue (Via Property Shark)GREENPOINT – Big developments in the Greenpoint real estate scene are afoot as iconic property changes hands and developers reveal big plans. First, the iconic Greenpoint Savings Bank was sold to real estate investor Jack Terzi for more than $10 million,
Announcements
DOWNTOWN BROOKLYN – Applications are now being accepted for 37 affordable units at a new development located at 1 Flatbush Avenue (between Fulton & Livingston). Rendering via Hill West [https://hillwest.com/project/1-flatbush-avenue/] Available units include 21 studios at $867/month, 8 one-bedrooms at $931/month, and 8 two-bedrooms at
News
A design rendering of 89 Bartlett Street, which includes 16 affordable units (Via Leverich Design)WILLIAMSBURG – While the Pfizer site development [/lawsuit-temporarily-halts-broadway-triangle-construction/] has dominated headlines for Broadway Triangle developments as construction stops and starts amid myriad lawsuits, another, smaller housing development is quietly nearing completion nearby. The building at 89
midwood
The 9 new units listed at 2802 Kings Highway are in a new 6-story development (Via NYC Housing Connect)MIDWOOD – Nine units are up for grabs on the NYC Housing Connect [https://a806-housingconnect.nyc.gov/nyclottery/lottery.html] website, though at 130% of the Area Median Income (AMI), they aren’
Bushwick
An overhead view of the rendering for 10 Montieth Street (VIa ODA New York) BUSHWICK – It’s hard to forget the community tension and negotiations leading up to the rezoning and development of the former Rheingold Site [/bushwick-construction/]. Original promises about affordable unit numbers were walked back as the property
East New York
EAST NEW YORK – A massive housing development is headed to East New York, but unlike many of its contemporaries, this new development is special: it’ll be 100% affordable. Comprised of three 14-story buildings, the project dubbed “Atlantic Chestnut” will cover 4.5 acres and create 1,165 units at
Announcements
PARK SLOPE – The lottery launched two weeks ago for seven newly renovated affordable units located in Park Slope. Interested applicants will have to act quickly because the deadline for submissions is next Wednesday, April 11. 643 President Street (Photo: Christopher Bride/Property Shark)The units are a part of the
Announcements
The John Sam apartments at 246 Johnson Avenue in Bushwick will have affordable units available (Screenshot via Google Maps)BUSHWICK -Despite the coming L train shutdown’s effect on housing prices in some parts of Brooklyn, development is continuing apace, which means a smattering of affordable housing amid the market
Central Brooklyn
A plan for a major housing development in Southern Brooklyn. Many new units are actually beyond the reach of local residents despite being listed as “affordable” (Rendering via the Prusik Group)According to data released by the New York Department of Housing Preservation, while the number of “affordable” units being