Jan. 24, 2024 By Ethan Marshall A total of 17 affordable housing units up for grabs in Douglaston, with monthly rents ranging from $1,522-$3,753. The units are part of a 5-story residential complex going up at 241-15 Northern Blvd. The development consists of 55 residences, with 38 of them at market rate. A lottery has…
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Jan. 18, 2024 By Ethan Marshall Four affordable housing units are now up for grabs in a Rego Park development, with monthly rents ranging from $2,100-$2,500. The units are part of a 3-story mixed-use building at 63-16 102nd St. that consists of 11 residences, seven of which will be rented at market rate. A lottery was recently opened for the four affordable units by the city. Two are one-bedroom and two are two-bedroom. Each of the affordable units are for residents earning 130% of the area median income (AMI). For the one-bedroom units, the area median income ranges from $72,000-$165,230,…
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Jan. 9, 2024 By Ethan Marshall Seven affordable housing units—all 2-bedroom apartments—are up for grabs in a Long Island City development with monthly rents starting at $3,835. The units, located at 37-25 32nd St., are part of a 6-story, 15-unit development. The city has recently opened a lottery for the affordable units. The affordable units… Read more »
Jan. 4, 2024 By Ethan Marshall A total of five affordable housing one-bedroom units in a five-story residential building are now available, with monthly rents starting at $2,400. Located at 21-27 30th Dr. in Astoria, the development features 14 units, with nine being market rate. A lottery is being held by the city for the… Read more »
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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Jul. 6, 2023 By Julia Moro Slate Property Group recently purchased a 296-unit complex in Corona with plans to renovate the roofing and solar panels, as well as make kitchen and bathroom apartment upgrades, all while making the buildings more affordable. The affordable housing program at 54-09 and 54-39 100th St. in Corona was expiring,…
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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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May 5, 2023 By Michael Dorgan A fully affordable housing complex for low-income families and the formerly homeless has opened in Astoria — and officials including Mayor Eric Adams held a ribbon-cutting ceremony to mark the occasion on Wednesday, May 3. The new development, located at 3-24 27th Ave., is situated on a former parking… Read more »
March 3, 2023 By Michael Dorgan The two developers behind a 354-unit residential building in Astoria have secured a loan to finish constructing the project. The developers, Silverstein Properties and Cantor Fitzgerald, announced Wednesday, March 1, that the joint venture arranged a loan of $165 million from Banco Inbursa — a financial firm based in… Read more »