Comptroller’s Report Shows Scope of City’s Affordable Housing Crisis

The report closes in on housing needs for low- and extremely low-income households and proposes four initiatives on how to provide affordable housing for these households. On November 28, 2018, New York City Comptroller Scott M. Stringer released its NYC for All: The Housing We Need report showing the scope of the City’s affordable housing crisis. According to the report, the city’s population grew nearly half a million between 2009 and 2017 and city employment … <Read More>


City to Acquire and Convert Nearly 500 Cluster Units into Affordable Housing

The new affordable housing is part of the de Blasio Administration’s efforts to end cluster site program. On December 4, 2018, Mayor Bill de Blasio announced the progress made by the City for the acquisition and conversion of nearly 500 cluster units across 17 buildings into permanently affordable housing. The City’s plan is part of the administration’s initiative to address the homelessness crisis in New York City and is projected to provide housing for over … <Read More>


Construction Begins for Nearly 1,000-Unit Affordable Housing Development in Coney Island

The mixed-use development will include affordable units, deployable food barriers, and retail frontage. On November 1, 2018, New York City’s Department of Housing Preservation and Development (HPD) announced that the start of construction of a block-sized development on Surf Avenue in Coney Island that will provide below-market-rate housing, retail, and office space to the community. The mixed-use development is projected to cost $253.9 million and will offer 446 affordable units, ranging from studios to two-bedrooms, … <Read More>


HPD and HDC Announce Vacant Lot Will Be Transformed Into 79-Unit Affordable Housing Development

The new affordable housing development will also include a community space that houses a local church and a non-profit organization. On October 4, 2018, the Department of Housing Preservation and Development and the Housing Development Corporation announced the start of the construction of a 79-unit affordable housing development on a previously vacant city-owned lot in Harlem. HPD and HDC partnered with Lemor Development, TD Bank, Street Corner Resources, and the Downtown Baptist Church of Christ … <Read More>


Greenpoint Hospital To Become Affordable Housing

Former hospital site will feature 512 affordable units and a new shelter for New Yorkers experiencing homelessness. On September 13, 2018, the Department of Housing Preservation and Development announced that a team had been selected to transform the Greenpoint Hospital site into a mixed-use development. The new development located at 288 Jackson Street will feature approximately 512 affordable units and a new shelter for 200 New Yorkers.


Renovations For Staten Island Affordable Housing Completed

Modernization of apartment complex includes extension of affordability for the next 40 years. On June 5, 2018, the Department of Housing Preservation and Development announced completion of modernization work at the Fox Hill Apartments. The New York State Homes and Community Renewal, Rockabill Consulting-Development, Park Management, and development partners joined HPD in a ribbon cutting ceremony in front of the complex, at 320 Vanderbilt Avenue in Staten Island.