Tag: Affordable housing

Property management platform Outpost Club leads the way in affordable urban living, merging co-living and co-working in NYC

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Apr. 29, 2024 By Ethan Marshall As New York City tries to provide more affordable housing to its residents, the real estate and management platform Outpost Club has been hard at work creating affordable housing dwellings. The Outpost Club is redefining urban living in New York City by merging co-living and co-working under one roof….
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Op-Ed | Scoring a goal for affordable housing

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Apr. 16, 2024 By Mayor Eric Adams In November 2022, our administration announced a historic once-in-a-generation transformation of the Willets Points neighborhood in Queens. This neighborhood, which was once called the “Valley of Ashes” and known for its junkyards, is now being transformed into a vibrant neighborhood with 2,500 new all-affordable homes — the…

Affordable housing lottery opens in the Rockaways, rent starts at $410

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Mar. 20, 2024 By Ethan Marshall A total of 155 affordable units are now up for grabs at a development in the Rockaways, with monthly rents ranging from $410-$2,035. The affordable units are part of an upcoming affordable housing development known as Rockaway Village Apartments, located at 1605 and 1607 Village Ln. The development will…
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Deal closed to add 230 affordable housing units to Hillside Avenue in Jamaica

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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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Affordable housing lottery opens in Douglaston, rent starts at $1,522 a month

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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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Affordable housing lottery opens in Rego Park, rents start at $2,100 a month

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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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Affordable housing lottery opens in LIC, rents start at $3,835 a month

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 »