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Thursday, March 10, 2016

Curbed NY Affordable Housing

NYC AFFORDABLE HOUSING

Washington Heights Residents Are Not Happy About a Proposed 23-Story Development

Current zoning only allows an 18-story building, and community residents gave the new structure, which would rise 23 stories, a no vote.
 14 

Plans for More than 200 Affordable Units in Flushing Move Forward

A 232-unit affordable housing development in Flushing, Queens, is gaining momentum.
 

Stuy Town Housing Lottery Opens Up With Apartments From $1,200

The units will be made available to applicants as they open up at the massive development, which has a total of over 11,000 apartments.
 

City Let Dozens of Brooklyn Houses Sit Vacant For More Than a Decade

How did HPD let vacant properties intended for affordable housing sit vacant for so long?
 

South Bronx Could Get 300 New Affordable Apartments

This project will also include commercial space, a community center, and outdoor recreational areas.
 

UWS Nonprofit Could Add 280 Affordable Apartments to the Neighborhood

The project will have to go through a ULURP Process but it has the backing of HPD, and will also help the organization increase the number of beds in its homeless shelter.
 

East New York Rezoning Proposal Gets City Planning Backing

The neighborhood is the first of 15 that could be rezoned to create more housing. This is part of Mayor Bill de Blasio's Housing New York plan that seeks to add and preserve 200,000 units of affordable housing over the next 10 years.
 
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Map: NYC's Affordable Housing Lotteries

Find information and details on how to apply for all of the affordable apartments currently available through New York City's lottery system.
 

Thousands of Vacant City-Owned Lots Could Become Affordable Housing: Report

A new audit conducted by New York City Comptroller Scott Stringer's office has revealed that the city owns over 1,000 vacant properties across the five boroughs that it could potentially use to build affordable housing. The audit is accompanied by...
 13 

Affordable Rentals Hugging St. John the Divine Ask From $827

The new apartments hugging Morningside Heights's epic Cathedral of St. John the Divine have yet to hit the rental market en masse, but as of today, the lottery for the development's affordable units is open. Enclave at the Cathedral's two towers...
 12 

City Council Questions Mayor's Rezoning Plans Ahead of Vote

The City Council has now heard two days of public testimony on Mayor Bill de Blasio's controversial new zoning proposals, Mandatory Inclusionary Housing (MIH) and Zoning for Quality and Affordability (ZQA). As expected, Council members had several...
 16 

Affordable Units in BAM Cultural District Tower Will Start at $801

A new image has emerged of the interiors of one of the units at the 52-story building at 250 Ashland Place, coinciding with the launch of the affordable housing lottery at the project, the Wall Street Journal reports. Of the total 586 apartments...
 

NYC's Controversial New Affordable Housing Proposals, Explained

Over the next two days, the City Council will debate two rezoning proposals introduced by the Mayor de Blasio's administration: Mandatory Inclusionary Housing (MIH) and Zoning for Quality and Affordability (ZQA). Both proposals are part of the...
 

Modular Pacific Park Tower Will Unveil Affordable Rentals Soon

As construction on Brooklyn's Pacific Park megaproject moves along, at least one of its buildings is getting ready for occupancy in the not-so-distant future. B2, the modular tower located at 461 Dean Street, is expected to welcome its first...
 13 

Curvy Murray Hill Residential Tower Nears Halfway Point

The curvy Handel Architects-designed residential building going up at 225 East 39th Street, between Third Avenue and the Queens-Midtown Tunnel exit in Murray Hill, is growing. It is 16 stories up on its way to 36 stories, as seen in a photo from T...
 

Affordable Units at Harlem's Former P.S. 186 Will Rent From $508

P.S. 186 in Harlem is in the midst of a transformation from dilapidated, abandoned building to a $48.6 million mixed-use development, with a focus on low- to middle-income housing. The city's Department of Housing Preservation and Development,...
 10 

Pacific Park's 298-Unit Affordable Rental Has Topped Out

The first fully affordable building at the Pacific Park megaproject has topped out, and is expected to be ready for occupancy by the fall of this year. YIMBY first reported on the development, which will bring a total of 298 rental apartments to...
 

Over 7,000 Permits Approved In Month Before 421-a Expired

As news emerged last month that the 421-a tax break program was set to expire January 15 of this year, developers made a mad dash towards the city's Department of Buildings. Well, not literally of course, but close to 8,000 permits were approved...
 

Upper West Side Building's Affordable Rentals Ask From $566

The affordable housing lottery for 52 units at Glenwood Management's Lincoln Square building is now officially underway, 6sqft reports. The building features a total of 257 apartments. About 20 percent are affordable, and the rest are market rate....
 14 

Everything You Need to Know About NYC's 421-a Tax Program, Poised to Expire Today

Unless an agreement is reached to extend it, the 421-a tax exemption program will expire today. Curious about what that all means? Read on. What is 421-a?Put simply, the program gives developers a 10-year tax exemption for building a multi-unit...
 10 

Columbia Street Sale Could Mean More Affordable Housing

A sale of a tiny vacant lot in the Columbia Street Waterfront District could mean dozens of affordable apartments for residents in that neighborhood and in Red Hook as well, DNAinfo reports. A neighborhood group, the Carroll Gardens Association is...
 

NYC Gained 40,000 Units of Affordable Housing Since 2014

The city's administration has provided funds for 40,204 units of affordable housing since Bill de Blasio took over as Mayor on January 1, 2014, according to his office. Those apartments provide homes for over 100,000 New Yorkers, and also include...
 16 

Over 56,000 People Apply To Live On Fetid Gowanus Canal

Despite the putrid goo, potential for severe back-ups, surefire threat of flooding, and general disagreeableness of the Gowanus Canal, more than 56,000 people applied online to live in one of the 86 affordable apartments coming to 365 Bond Street,...
 12 

Salvation Army's East Harlem Senior Housing Finally A Go

The Salvation Army's plans to build a new affordable senior housing facility are finally a go, New York Yimby reports (h/t BBH). For this new project, the organization will demolish its East Harlem building located at 2306 Third Avenue and convert...
 

You Could Live In A UES Luxury Building For $607 A Month

There are 47 units in a still incomplete Upper East Side luxury building that are going for below market-rate, as low as $607 a month. The Henley, Related's development at 205 East 92nd Street is an 80/20 project, which gives the developer tax...
 11 

Minimum Wage Earners Can Afford Fewer Than 600 NYC Pads

With rents escalating in the city at warp speed, even the outer boroughs are increasingly becoming less of a safe haven for the city's minimum-wage earners. A new study conducted by StreetEasy has revealed that there were only 575 apartment...
 25 

Greenpoint Landing's Affordable Rentals Will Ask From $494

As work continues on the Greenpoint Landing megaproject, there's a sign that its buildings may be getting ready for occupancy: Applications for 92 affordable rentals at 21 Commercial Street, one of three affordable buildings within the larger...
 10 

Live In a Upper East Side Luxury Rental From $607/Month

The 36-story Yorkville building at 205 East 92nd Street has launched the housing lottery on its affordable units, 6sqft reports. The Related Companies developed building has a total of 231 units out of which 47 have been set aside for affordable...
 10 

East New York to Get More 'Affordable' Housing

The city is looking to develop 16 vacant lots in East New York into townhouses with affordable housing, NY YIMBY reports. If construction plans are approved, the new buildings will be a part of the city's New Infill Home Ownership Opportunities...
 

NYC's First Micro-Unit Listings Go Live On Monday

There has been much buzz about the experiment in microdwellings under construction in Kips Bay. Now, your chance to rent an apartment there is only days away. Leasing will begin Monday at Carmel Place (formerly My Micro NY) on Monday, the New York...
 13 

City Announces $3B Initiative To House New York's Homeless

A new initiative to aggressively combat homelessness in the city will see the addition of 15,000 units of housing over the next 15 years, the Wall Street Journal reports. [Covenant House, another homeless shelter,...
 24 

Rent In Lightstone's Gowanus-Adjacent Project From $833

The Lightstone Group has been plugging away in Gowanus, much to the dismay of neighbors, where they're erecting the not at all out-of-scale two-tower development that will bring 700 apartments to the shores of the superfund canal. As sure a sign...
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