Nearly 60,000 people have applied for the 105 affordable units that will be available at 1133 Manhattan Avenue in Greenpoint according to the Daily News. The 58,832 applications for the building was the highest number for any affordable housing project in the city. When completed, likely in the fall according to the developers website, the building will be half market rate rentals and half income-restricted. The income caps range from a single person earning $18,618 to qualify for a studio to, at the high end, a family of four with a combined income of $146,825 for a two bedroom apartment. (more…)
We found renderings for the two big affordable housing developments coming to the corner of Broadway and Decatur in Ocean Hill. Construction will wrap in fall 2015, with retail coming later that year, according to signs on the fence. We’re also pleased to report that Henry Hardware will be one of the stores. (The owner of one of the properties, Stanley Henry, has run Henry Distributors, a building supply company, here since 1970.) (more…)
Community Board 1 greenlighted an eight-story affordable housing project at 695 Grand Street in East Williamsburg last night.
The 51-unit project on Grand Street, pictured above, will have a mix of studios, one-, two- and three-bedrooms, with 41 units set aside for low- to moderate-income families, as we previously reported. The affordable housing is for families who make between 30 percent and 60 percent of the Area Median Income, which ranges from $25,750 to $51,540 for a family of four, according to the HPD. Ten of those units will be permanently affordable, and eight will be reserved for Section 8 housing for very low-income tenants. (more…)
A nonprofit that offers services and help for young offenders in Brownsville came one step closer to creating a brick and mortar community center with a public hearing at the City Planning Commission last week. The Brownsville Community Justice Center plans to renovate an old city-owned building at 444 Thomas S. Boyland Street to host a court and a variety of nonprofits and city agencies that can help youth affected by the criminal justice system.
Borough President Eric Adams approved the plan, but only on the condition that the site’s 133,000 square feet of unused development rights be used to build affordable housing on the site, Crain’s reported Friday.
The Brooklyn Bridge Park Corp. has released 14 proposed designs for the two remaining housing developments on Pier 6 in Brooklyn Bridge Park, the focus of a controversy over affordable housing in the park. The proposals will be discussed at a board meeting today, reported The Wall Street Journal, and the winner will be chosen around the end of the year. (more…)
This affordable housing project might replace two stores at 695 Grand Street in east Williamsburg. Community Board 1 will host a public hearing next week to debate whether the city can build an eight-story, 51-unit building on the large property between Graham and Manhattan avenues.
The mixed-use development is spec’d for 41 units of affordable housing and ground-floor retail, with apartments ranging from studios to three-bedrooms. The board will vote on whether the 14,000-square-foot lot will qualify for affordable housing incentives through the HPD’s Urban Development Action Area program. (more…)
Construction fencing is up but work has not yet begun at 356 Bedford Avenue in South Williamsburg, where we spotted this rendering for a five-story affordable building on the fence. The new building is the red brick one with the gray cornice and the stepped roofline; the one to the right next door with the black cornice and the two wood frame buildings to the left on the corner are already there.
The mixed-use development will house 19 units spread across 16,009 square feet of residential space, as well as 8,000 square feet of retail and 2,000 square feet for a medical clinic, according to new building permits issued last month. It will also have a laundry room, roof deck and bike storage. The architect of record is Bong Yu PC Engineers and Architects. (more…)
Yesterday Mayor de Blasio and Comptroller Scott Stringer announced that they plan to create a $350 million fund to loan money to developers to create or preserve affordable housing. The fund will draw on a mix of public and private money, The New York Times and The Real Deal reported, such as $40 million from city pension funds, $20 million from the city’s Housing Development Corporation, and loans from Citi Bank, Wells Fargo, Morgan Stanley and others. (more…)
The Downtown Brooklyn Partnership is working with local politicians, developers and community groups to host a series of seminars on how to apply for affordable housing, the first of which will happen tomorrow night. The coalition wants to make sure Community Board 2 residents know how to apply for as many as 1,100 affordable units that could be completed in Downtown Brooklyn and areas nearby, including Boerum Hill, Fort Greene, Prospect Heights, Clinton Hill and Wallabout, within the next three years. Several developments are expected to have some percentage of affordable apartments, including BAM South, Atlantic Yards, City Point and 33 Bond Street (pictured). (more…)
After years of getting the brush off on requests to limit building heights in Prospect Lefferts Gardens to six stories, PLG residents, activists and community board members are now meeting with City Planning to consider how the neighborhood should be rezoned.
In addition to supporting a rezoning of Flatbush Avenue, pictured above during this past winter, that would limit building heights there to six stories, neighborhood group The Movement to Protect the People (MTOPP) opposes a brand-new move to rezone commercial district Empire Boulevard to allow residential, MTOPP President and PLG homeowner Alicia Boyd told us. (more…)
Mayor de Blasio’s plans to redevelop East New York — a test case for his affordable housing plans for all of New York City — are fatally flawed, according to a report from Newsday. De Blasio wants to rezone the area to encourage mixed-use high-rise development with 50 percent market rate, 30 percent middle income and 20 percent low income apartments and retail on the bottom level. But income levels and rents in the area now are too low to attract developers, middle class residents or retailers, according to developers and others quoted in the story. (more…)
The ironies of the Mayor’s housing plan are piling up as high as a waterfront luxury skyscraper. Despite the populist rhetoric, the mayor’s plan to build more affordable housing in Brooklyn is a recipe for more development much like Bloomberg’s and will likely accelerate the gentrification of the few low-income neighborhoods still left in Brooklyn, was the conclusion of a deep dive into the subject matter on Gothamist.
Long-time residents of Cypress Hills, East New York, the Atlantic Avenue corridor and other low-income areas targeted by the mayor for rezoning and more affordable housing will not be able to afford these new “affordable” developments, the story concluded. (more…)