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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Mar. 4, 2024 By Ethan Marshall Approximately 230 units of affordable housing is slated to come to Hillside Avenue in Jamaica. Local Initiatives Support Corporation NY (LISC NY), a New York-based minority and women-owned enterprise, has partnered with MURAL Real Estate Partners, a privately owned real estate company, to develop the units. LISC NY announced…
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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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Dec. 18, 2023 By Bill Parry The city announced Monday that it has closed a deal with developer Slate Property Group and the nonprofit RiseBoro Community Partnership to convert the shuttered JFK Hilton Hotel in South Jamaica into 318 apartments of permanently affordable housing for low-income and formerly homeless New Yorkers. Construction on the project…
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Jun. 22, 2023 By Carlotta Mohamed Queens Borough President Donovan Richards is calling on all levels of government to make affordable housing and the overall livability of New York City its top priorities after the Rent Guidelines Board (RGB) voted on Wednesday, June 21, to authorize increases on rent-stabilized apartments across the five boroughs. Demonstrators…
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