50 Penn is a new 100 percent affordable development in Cypress Hills, Brooklyn. Image Credit: HPD.

The mixed-use, nine-story “50 Penn” building in Brooklyn will provide both housing and additional supports. On June 9, 2022, the Department of Housing Preservation and Development (HPD), the NYC Housing Development Corporation (HDC), developer PennRose, and the Riseboro Community Partnership celebrated the grand opening of the “50 Penn” housing development in Cypress Hills, Brooklyn. The 218-unit building addresses key priorities in the East New York Neighborhood Plan, such as affordable housing and access to fresh food. While the building was financed through HPD and HDC, Pennrose was the project’s lead developer and RiseBoro will provide on-site property management. (more…)

Rendering for 4519 White Plains Road. Image Credit: Office of Governor Kathy Hochul.

The new building will be across the street from another affordable housing development recently approved by the City Planning Commission. On May 25, 2022, Governor Kathy Hochul announced the beginning of construction for a new affordable and supportive housing development in the Wakefield section of the Bronx. The Plains will be located at 4519 White Plains Road between East 239th and East 240th Street. The development team consists of the Doe Fund and Robert Sanborn Development. (more…)

Rendering of Bridge Rockaway. Image Credit: HPD.

On May 17, 2022, City and State officials joined the development team of non-profit The Bridge, Greenpoint Manufacturing and Design Center, and Mega Development for the ground breaking of Bridge Rockaway, a new mixed-use affordable housing development in Brownsville, Brooklyn.  (more…)

Mayor Adams reveals examples of renovations made at nine NYCHA developments across Brooklyn. Image Credit: Ed Reed/Mayoral Photography Office.

The project was possible through a conversion to a federally funded Project-Based Section 8 program. On May 20, 2022, Mayor Eric Adams joined U.S. Department of Housing and Urban Development (HUD) Regional Administrator Alicka Ampry-Samuel, New York City Housing Authority (NYCHA) Chair Greg Russ and NUCHA resident association leaders to announce the completion of renovations and restorations to nine NYCHA developments across Brooklyn. (more…)

Rendering of one of the new proposed buildings. Image Credit: NYC CPC.

The buildings would provide residential, commercial, and industrial spaces. On May 11, 2022, the City Planning Commission held a public hearing for an application that would facilitate the development of two eight-story mixed use buildings that will offer residential, commercial, industrial and office spaces in Ravenswood, Queens. The rezoning area consists of the entire block bounded by 33rd Road to the north, 34th Avenue to the south, 11th Street to the west and 12th Street to the east. The two buildings take up a majority of space on the block, with the exclusion of a portion of the midblock facing 11th Street. The current block has a vacant lot and warehouses.  (more…)