Development

Applications Open for New Affordable Apts in Spring Creek, ENY

The Alafia development at 875 Erskine Street in East New York is now accepting applications for 315 income-restricted, affordable apartments. This high-rise community focuses on health and wellness, offering a range of units from studios to three bedrooms. Submit your application by December 2, 2024, for a chance to be part of this vibrant new community.

New Bill Aims to Revive Short-Term Rentals in NYC

A recently introduced bill, Bill 1107, led by Council Members Farah Louis (Prime Sponsor), Adrienne Adams, Mercedes Narcisse, and Kevin Riley, proposes critical amendments to New York City’s stringent short-term rental laws. This legislation seeks to address the limitations imposed by Local Law 18 (LL18), which had effectively eliminated short-term rental opportunities for many homeowners in one- and two-family homes across the city.

New HRA Job Hub Nears Completion at Broadway Junction

The transformation of East New York is on the brink of a significant milestone with the near completion of the Human Resources Administration (HRA) building at Broadway Junction. Announced over two years ago by Mayor Eric Adams as a cornerstone of his Community and Reinvestment Strategy (CARE), this project promises to enhance access to essential services for local residents and bolster the neighborhood's economic development.

New Rockaway Avenue Apartments Now Leasing

Modern Living Arrives in Ocean Hill, Brooklyn

The new Rockaway Avenue Apartments, is a modern residential complex located at 258, 260, and 262 Rockaway Avenue in the Ocean Hill neighborhood of Brooklyn. These stylish, brand-new units offer a variety of amenities designed to provide comfort and convenience. Please note that pets are not allowed in this building.

Experience Elevated City Living at Prospect Park South

Discover a premier rental experience designed for the discerning city dweller at 435 Coney Island Apartments, in Prospect Park South, under the NYC Affordable Housing program. Just steps from the lush scenery of Prospect Park, this brand-new rental building brings together ultimate convenience with modern comforts, all while offering exclusive amenities to enhance your lifestyle.

Affordable Senior Living at 250 Winthrop St, Brooklyn

Brooklyn's 250 Winthrop Street brings affordable senior housing with thoughtfully designed studios and one-bedroom apartments, perfect for seniors looking to live comfortably in the heart of the city. Created under the Privately Financed Senior Housing Program and benefiting from NYC's 421a Tax Exemption, this development provides affordable options without deposits or application fees, making quality senior housing more accessible.

Young NYC Developer Buys Property Linked to Underground Railroad

This week, Equity Platforms CEO Vernon Jay an affordable housing developer from New York City, announced the acquisition of 315 N Front Street, now renamed “Front Street Lofts.” Located in the historic downtown Harrisburg waterfront district, this property holds significant historical value as it served as a stop on the Underground Railroad following its construction in 1850, helping bring people out of slavery. Now, this landmark will be transformed into quality affordable housing, giving it a new purpose while preserving its rich history.

A Glimpse into Modern Luxury: 218 Front Street, DUMBO Brooklyn

In the heart of DUMBO Brooklyn, 218 Front Street stands as a beacon of modern luxury living. This contemporary residential building offers a wide selection of apartments, ranging from cozy studios to spacious two-bedroom units, all designed with an emphasis on natural light and outdoor living. The floor-to-ceiling windows flood each unit with sunlight, while the many outdoor spaces, including private balconies and terraces, allow residents to enjoy the beauty of the city from their own homes.

NYC Developer Acquires Property With Ties to Underground Railroad

This week, Equity Platforms CEO Vernon Jay an affordable housing developer from New York City, announced the acquisition of 315 N Front Street, now renamed “Front Street Lofts.” Located in the historic downtown Harrisburg waterfront district, this property holds significant historical value as it served as a stop on the Underground Railroad following its construction in 1850, helping bring people out of slavery. Now, this landmark will be transformed into quality affordable housing, giving it a new purpose while preserving its rich history.