affordable housing NYC News
Latest articles and news about affordable housing NYC on AXL Media.
Latest Articles
- Mamdani Administration Unveils Plans for 140-Unit Housing Project in East Harlem
Published: Apr 9, 2026
Section: Renting & Leasing
On April 8, 2026, the NYCEDC presented plans for a 140-unit mixed-use project at 2453 Second Ave. to Manhattan Community Board 11. The plan, which includes at least 35 affordable u...
- Related Cos. Joint Venture Obtains $137 Million for Massive Queens Affordable Community
Published: Mar 12, 2026
Section: Banking & Finance
A joint venture between Related Cos., Phipps Houses, and Monadnock Construction has finalized a $136.5 million financing package for Hunter’s Point South Commons, a 619-unit afford...
- Tavros Secures Prime Lower Manhattan Development Site in $143 Million Acquisition
Published: Mar 12, 2026
Section: Mergers & Acquisitions
Tavros has finalized the acquisition of 250 Water Street, a high profile one acre development site in Manhattan’s historic Seaport neighborhood, for $143 million. The purchase from...
- GFP Real Estate Finalizes $192 Million Financing for Landmark Financial District Conversion
Published: Mar 12, 2026
Section: Mergers & Acquisitions
GFP Real Estate has successfully secured $191.5 million in construction financing to transform 40 Exchange Place, a historic 20 story tower in Manhattan’s Financial District, into...
- BRP Cos. Secures $303M for Massive 400-Unit Affordable Project in Jamaica, Queens
Published: Mar 12, 2026
Section: Property Investment
BRP Cos. has finalized a $303 million construction financing package for Archer II, a 22-story, 400-unit fully affordable housing development in downtown Jamaica, Queens. Represent...
- Tavros Secures Prime Lower Manhattan Block for $143M Mixed-Use Project
Published: Mar 11, 2026
Section: Buying & Selling
Tavros has officially closed on the acquisition of a one-acre development site at 250 Water Street in Lower Manhattan’s Seaport neighborhood for $143 million. The seller, Seaport E...
- RXR Joint Venture Secures $500 Million for Landmark Manhattan Office-to-Residential Conversion
Published: Mar 11, 2026
Section: Mergers & Acquisitions
A joint venture between RXR and One Investment Management has finalized a financing package exceeding $500 million to transform 61 Broadway, a historic 33-story office tower in Man...
- Brooklyn Developer Trio Pleads Guilty in 421a Tax Abatement Fraud Cases
Published: Mar 10, 2026
Section: Commercial Properties
A multi-year criminal investigation into the exploitation of New York City’s 421a tax abatement program reached a major milestone this week. Three Brooklyn-based developers—Mendel...
- HPD Staffing Shortages Loom Over New York’s Housing Ambitions
Published: Mar 4, 2026
Section: Immigration Policy
New York City’s ambitious housing agenda is facing a quiet but devastating internal threat: a chronic lack of personnel at the Department of Housing Preservation and Development (H...
- First NYC Housing Project Enters New Expedited Environmental Review Process
Published: Feb 27, 2026
Section: Buying & Selling
New York City has officially launched its first residential project under the Green Fast Track program, a new regulatory framework designed to bypass lengthy environmental reviews...