May 14, 2024 By Ethan Marshall New York City has launched a housing lottery for three units in a 5-story mixed-use building at 12-22 Astoria Blvd. in Astoria. The building has ten residences, seven of which are market rate. The three affordable residences are each two-bedroom units meant for those earning 130% of the area… Read more »
Tag: affordable-housing
Property management platform Outpost Club leads the way in affordable urban living, merging co-living and co-working in NYC
Apr. 29, 2024 By Ethan Marshall As New York City tries to provide more affordable housing to its residents, the real estate and management platform Outpost Club has been hard at work creating affordable housing dwellings. The Outpost Club is redefining urban living in New York City by merging co-living and co-working under one roof….
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Housing lottery opens for 17-story mixed-use building in Far Rockaway, rent starts at $617
Apr. 24, 2024 By Ethan Marshall New York City has launched a housing lottery for 134 units in the 17-story mixed-use building The Peninsula A1, also known as Edgemere Commons Apartments, at 51-23 Beach Channel Dr. in Far Rockaway. The Peninsula A1 has 194 apartments, 60 of which are market rate. The 134 affordable units…
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Affordable housing lottery opens for recently completed 19-story residential building in Astoria, rent starts at $3,105
Mar. 27, 2024 By Ethan Marshall New York City has launched a housing lottery for 50 affordable units in the newly-constructed 19-story residential building at 26-25 4th St. in Astoria. Known as the Winslow, this building stands at 204 feet tall and spans 289,000 square feet. There are a total of 165 units in the… Read more »
Affordable housing lottery opens in Astoria, rents start at $2,400 a month
Jan. 4, 2024 By zgewelb Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held… Read more »
Lottery opens for ‘affordable apartments’ in Kew Gardens, 1-bedrooms to rent for $3,140
Dec. 21, 2023 By Christian Murray It’s pitched as an affordable apartment in Queens, yet the rent for a one-bedroom is $3,140 a month. NYC Housing Connect has opened a lottery for 16 “affordable apartments” inside a new 8-story, 51-unit development in Kew Gardens. The building, located at 81-07 Kew Gardens Rd., has been developed by FBL Development, and includes a range of amenities, such as a gym and a rooftop terrace. The units are designated for residents whose income falls within 130% of the area median income (AMI). The range accommodates potential tenants with incomes spanning from $107,658 to…
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Affordable housing complex for low-income families and the formerly homeless opens in Astoria
May 5, 2023 By Michael Dorgan A fully affordable housing complex for low-income families and the formerly homeless has opened in Astoria — and officials including Mayor Eric Adams held a ribbon-cutting ceremony to mark the occasion on Wednesday, May 3. The new development, located at 3-24 27th Ave., is situated on a former parking… Read more »
Developers constructing 354-unit residential building in Astoria secure $165M loan
March 3, 2023 By Michael Dorgan The two developers behind a 354-unit residential building in Astoria have secured a loan to finish constructing the project. The developers, Silverstein Properties and Cantor Fitzgerald, announced Wednesday, March 1, that the joint venture arranged a loan of $165 million from Banco Inbursa — a financial firm based in… Read more »