Affordable Housing

52-story Downtown Brooklyn rental opens lottery for 178 apartments, from $1,793/month

Renderings courtesy of NQS Creative

June 9, 2025

52-story Downtown Brooklyn rental opens lottery for 178 apartments, from $1,793/month

A housing lottery launched this week for 178 mixed-income apartments in a new residential tower in Downtown Brooklyn. Rising 52 stories at 589 Fulton Street, The Brook is one of the tallest buildings in the borough, offering apartments with views in every direction. New Yorkers earning 80 and 130 percent of the area median income can apply for the affordable units, priced from $1,793/month studios to $4,250/month two bedrooms.
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Affordable Housing

143 apartments available at FiDi office tower-turned-luxury rental, from $912/month

Credit: Streetsense

June 4, 2025

143 apartments available at FiDi office tower-turned-luxury rental, from $912/month

By Aaron Ginsburg

A housing lottery opened this week for 143 mixed-income apartments at the former Financial District headquarters of Goldman Sachs. Redesigned by CetraRuddy and developed by Metro Loft and Silverstein Properties, 55 Broad Street is an office-to-rental conversion with 571 apartments and 25,000 square feet of amenities, including a rooftop pool. New Yorkers earning 40, 80, and 100 percent of the area median income can apply for the units, priced from $912/month studios to $3,522/month three bedrooms.
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Affordable Housing

4,600 new homes coming to Bed-Stuy and Crown Heights after NYC Council approves Atlantic Ave rezoning

Rendering of Atlantic Avenue’s improved, and safer streets, courtesy of DCP

May 29, 2025

4,600 new homes coming to Bed-Stuy and Crown Heights after NYC Council approves Atlantic Ave rezoning

By Aaron Ginsburg

Thousands of new homes will be built along a largely industrial stretch of Atlantic Avenue in Bed-Stuy and Crown Heights. The New York City Council on Wednesday voted to approve the Atlantic Avenue Mixed-Use Plan, which rezones 21 blocks to allow for 4,600 apartments, including 1,900 permanently affordable units, more affordable housing than has been constructed in the area over the last decade. The plan also comes with $235 million in community investments, park renovations, and infrastructure upgrades.
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New Fort Greene rental opens lottery for 49 apartments, from $1,869/month

570 Fulton Street sits next to the 42-story rental at 66 Rockwell Place. Photo © Ondel Hylton

May 27, 2025

New Fort Greene rental opens lottery for 49 apartments, from $1,869/month

By Aaron Ginsburg

A new residential tower on the border of Downtown Brooklyn and Fort Greene has launched an affordable housing lottery for 49 mixed-income apartments. Located at 570 Fulton Street, the 23-story building dubbed Fulton Greene offers modern units in a transit-rich and convenient neighborhood. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,869/month for studios to $4,250/month for two bedrooms.
Find out if you qualify

Affordable Housing

Lottery opens for 189 apartments at Far Rockaway development, from $544/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

May 15, 2025

Lottery opens for 189 apartments at Far Rockaway development, from $544/month

By Devin Gannon

Another lottery opened for affordable apartments at the huge Far Rockaway development, Edgemere Commons. Currently under construction, the 11-building complex will deliver 2,000 affordable homes, retail, community facilities, and open public space to the Rockaway peninsula. The latest rental, located at 5119 Beach Channel Drive, has 189 apartments available through the housing lottery for New Yorkers earning 30, 50, 60, and 80 percent of the area median income. Homes are priced from $544/month for a studio to $2,949/month for a three-bedroom.
do you qualify?

Affordable Housing

Vacant parking lot in Harlem to become 75 apartments

Credit: Haussmann Development

May 14, 2025

Vacant parking lot in Harlem to become 75 apartments

By Aaron Ginsburg

A vacant parking lot in Harlem will soon become a residential building. Haussmann Development on Monday announced it closed on a land purchase at 16–20 Convent Avenue for $7.5 million. Haussmann plans to build a 10-story residential building with 75 one- and two-bedroom apartments, including 15 affordable units for households earning 60 percent of the area median income.
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Affordable Housing

NYC’s largest mass timber housing development to bring 500 homes to Staten Island’s North Shore

Renderings courtesy of GF55 Architects

May 12, 2025

NYC’s largest mass timber housing development to bring 500 homes to Staten Island’s North Shore

By Aaron Ginsburg

A mixed-income housing development with more than 500 apartments planned for Staten Island’s North Shore is set to become New York City’s largest mass timber residential development. On Monday, Mayor Eric Adams announced the selection of Artimus and Phoenix Realty Group to build the new homes, 25 percent of which will be designated as affordable, on two vacant sites along the New Stapleton waterfront. The development will be built with mass timber to lower the project’s carbon footprint and accelerate construction.
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Updated plan for Broadway Junction redevelopment adds 1,000 affordable homes

Images courtesy of Totem

May 9, 2025

Updated plan for Broadway Junction redevelopment adds 1,000 affordable homes

By Aaron Ginsburg

A plan to redevelop a two-acre site around the Broadway Junction transit hub has been revised to increase the number of affordable homes from 600 to 1,000. After nearly 100 public meetings, developer Totem on Thursday released an updated version of its proposal to rezone the East New York site into Herkimer-Williams, a mixed-use project with four buildings along four blocks, containing housing, retail, community space, and open space. The revisions include more affordable housing, community-led retail, reduced building heights, and less office space.
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‘Prismatic’ turquoise-clad Bed-Stuy rental opens lottery for 30 apartments, from $874/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

May 7, 2025

‘Prismatic’ turquoise-clad Bed-Stuy rental opens lottery for 30 apartments, from $874/month

By Aaron Ginsburg

A bold new Bed-Stuy rental recently launched a housing lottery for 30 mixed-income apartments. Located at 126 Sandford Street, the 10-story Prisma House brightens the block with its turquoise-clad facade and 120 contemporary residences inside. New Yorkers earning 40, 60, and 110 percent of the area median income can apply for the units, priced from $874/month for one bedrooms.
Find out if you qualify

Affordable Housing

NYC sues Trump administration over ‘unconstitutional’ housing grant conditions

Credit: Patrick Tomasso on Unsplash

May 5, 2025

NYC sues Trump administration over ‘unconstitutional’ housing grant conditions

By Aaron Ginsburg

New York City, joining seven other local governments, sued the Trump administration last week over new conditions related to federal housing grants. Filed on Friday, the lawsuit challenges the Department of Housing and Urban Development (HUD) over provisions prohibiting grant recipients from using funds for programs related to diversity, equity, "gender ideology," and immigration. The cities argue that the new conditions imposed on the HUD grants are unconstitutional and an overreach of the executive branch.
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40-story Downtown Brooklyn tower opens lottery for 69 apartments, from $2,950/month

By Aaron Ginsburg

A new residential skyscraper in Downtown Brooklyn launched a housing lottery this week for 69 middle-income apartments. Located at 111 Willoughby Street, the 40-story Maxwell Downtown Brooklyn development offers impressive skyline views and amenities like a landscaped roof deck and top-floor lounge. New Yorkers earning 130 percent of the area median income can apply for the units, priced at $2,950/month studios, $3,300/month one-bedrooms, and $4,347/month two-bedrooms.
Find out if you qualify

Affordable Housing

NYC makes applying for affordable housing lotteries easier

Society Brooklyn in Gowanus has 45 apartments available through the housing lottery. Credit: NYC Department of Housing Preservation and Development

April 29, 2025

NYC makes applying for affordable housing lotteries easier

By Aaron Ginsburg

While the odds of winning an affordable housing lottery in New York City are generally low, now, at least, the paperwork will be easier. On Monday, the Department of Housing and Preservation and Development (HPD) announced it will require fewer documents from applicants to streamline the process for both renters and agents. And starting May 1, the city will allow landlords and brokers to advertise empty affordable housing units publicly, allowing applicants to directly apply for the apartments, instead of going through the city's Housing Connect system.
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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

By Aaron Ginsburg

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

Atlantic Avenue and Bedford, looking west. 2023. Photo courtesy of NYC DCP

March 19, 2025

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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