All Posts Tagged With: "Affordable Housing"

We noted recently that Community Housing Innovations (”CHI”) has broken ground on the $4.5 million, affordable, green Minerva Place Condominiums in White Plains, but wanted to formally present you with a few more details about the project. Minerva Place is one of the first low-rise new developments in Westchester County to satisfy the New York Energy $mart Multifamily Performance Program guidelines. The project includes a 350-foot-deep geothermal heating and cooling system, as well as efficient insulation and construction techniques that CHI anticipates will save residents up to 30 percent on energy costs. Minerva’s energy-efficient features are being subsidized by a $55,000 grant from NYSERDA. The project was designed by Warshauer Mellusi Warshauer Architects and includes 11 two-bedroom (priced at $265,000) and 3 one-bedroom units ($225,000), each with hardwood floors and granite kitchen countertops. To qualify, families must have incomes between $73,000 and $91,000.

The first mixed-use buildings in an urban location in the state of New Jersey to pursue a LEED rating are set to officially open next week in Newark. The Washington Street Townhomes, which are awaiting a formal LEED Gold rating from USGBC, will consist of six 3800-square-foot buildings, each featuring two residential units with commercial space on the first floor. The development is being spearheaded by the Lincoln Coast Cultural District, a community development corporation which is aiming to develop a comprehensive arts and cultural district in Newark’s Lincoln Park. The district will ultimately boast 11 LEED-certified buildings, as well as seek a LEED for Neighborhood Development (”LEED-ND”) rating.

On Monday, Jonathan Rose Companies and the Harlem Congregations for Community Improvement (“HCCI”), co-developers of David & Joyce Dinkins Gardens, opened the $19.5 million, 85-unit green building at 263 West 153rd Street, just across the Harlem River from Yankee Stadium between Frederick Douglass Boulevard and Macomb Place. The project is named for former New York City Mayor David Dinkins and his wife- Mr. Dinkins is the only African-American to serve as mayor in Gotham’s history- and the development is part of Mayor Bloomberg’s plan to build 165,000 units of affordable housing for 500,000 New Yorkers over the next ten years.

Jacob’s Place is a sixty-three unit, eight-story rental building in the Fordham section of the Bronx that was dedicated earlier this month. Developed by Fordham Bedford Housing Corporation, a Bronx-based affordable housing developer, the project broke ground in August of 2005 and is named for Astin Jacobo, a resident of the Crotona neighborhood of the [...]

Construction on Atlantic Terrace, an eighty-unit residential development at Atlantic and South Portland Avenues in Brooklyn will begin today, according to the New York Observer. Designed by Manhattan-based Magnusson Architects, 50 percent of the units at the $20 million, 10-story condominium will be set aside for affordable housing. (We’ve written previously about Dattner Architects’ 1870 [...]