Rendering of development. Image credit: HPD/Handel Architects LLP.
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, to formerly homeless and low-income locals. The complex will have two other structures that will add approximately 500 more units of affordable housing, totaling nearly 1,000 units. The development is being led by HPD along with the Housing Development Corporation, BFC Partners, L+M Development Partners, and Taconic Investment Partners. (more…)
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 for the project. The project seeks to create a mixed-income affordable housing and a new commercial and community facility space. (more…)
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. (more…)
Image credit: HPD.
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. (more…)
City will use the modular construction method to reduce costs and construction time. On May 23, 2018, Housing Preservation & Development announced a Request for Proposals for the design, construction, and management of the new 100% affordable mixed-income and mixed-use development in East New York, Brooklyn. The City-owned project site is an L-shaped parcel of 49,397 square-feet along Eldert Lane between Pitkin and Glenmore Avenues. A portion of the site is also located along Grant Avenue adjacent to the Grant Avenue A-train subway station. (more…)
