On January 31, 2024, the New York City Department of Housing Preservation and Development (HPD) announced that Apex Building Group and Bridge Street Development Corporation will be building 116 homes for low-income families at 516 Bergen Street in Prospect Heights, Brooklyn. The announcement comes in light of Mayor Adams’ push for affordable housing advancements on publicly owned land. Mayor Adam’s 24 in 24 plan is seeking to create or preserve around 12,000 units of housing … <Read More>
Search Results for: Housing
HPD Launches Month-Long Affordable Housing Push with Over 500 Units Planned at Inwood Waterfront Site
On January 29, 2024, the Department of Housing Preservation and Development began a month-long effort to advance affordable housing projects on public sites citywide as part of Mayor Eric Adams’ “24 in 24” plan. The plan, announced in his State of the City address, aims to advance 24 affordable housing projects on public sites in 2024 to create or preserve over 12,000 affordable units. The first site is currently an unused city-owned parking lot on … <Read More>
HPD Announces Conversion of Former JFK Hotel to Affordable and Supportive Housing
On December 18, 2023, the Department of Housing Preservation and Development and project partners announced a plan to transform the former JFK Hilton Hotel into permanently affordable housing. The project, Baisley Pond Park Residence, will provide housing for low-income and formerly homeless New Yorkers in South Jamaica, Queens.
City Planning Hears Application for Arts Center and Affordable Housing Development in Brownsville
On December 13, 2023, the City Planning Commission held a meeting on the City’s Brownsville Arts Center and Apartments project, an application that would enable the development of a mixed-use residential and community space at 376 Rockaway Avenue in the Brownsville neighborhood of Brooklyn. The proposed site is currently a vacant city-owned lot. The applicant, the Department of Housing Preservation and Development, seeks to rezone the area that is located mid-block between East New York … <Read More>
City Planning Hears Application for New Affordable and Supportive Housing, Arts Center in East Harlem
On November 29, 2023, the City Planning Commission held a public hearing for an application to create a mixed-use 100 percent affordable building at 101 East 118th Street in East Harlem. The proposed 19-story building, called Timbale Terrace, will also be the new home for Afro Latin Jazz Alliance. The site is currently a parking lot for the New York Police Department’s 25th Precinct. The application was presented by the Department of Housing Preservation and … <Read More>
City Breaks Ground on New Phase of Affordable Housing Development in Hunts Point
On November 29, 2023, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York City Economic Development Corporation joined the development team to celebrate the groundbreaking of the next phase of the Peninsula, a 100 percent affordable housing mixed-use campus in the Hunts Point section of the Bronx. The development team included Gilbane Development Company, Hudson Companies, MHANY Management Inc, and Wells Fargo.