Tag: real-estate

Mayor Adams announces expansion of medical respite program for homeless New Yorkers

Mayor Eric Adams speaks to media at City Hall on March 3. The Mayor announced significant expansions to the medical respite program on Tuesday. Photo: Mayor's Office Flickr.

Mar. 4, 2025 By Shane O’Brien Mayor Eric Adams announced significant expansions to NYC Health + Hospitals’ medical respite bed program Tuesday, which offers patients experiencing homelessness a place to stay for up to 90 days after a major health event. Adams was joined by NYC Health + Hospitals CEO Dr. Mitchell Katz to…

Former auto body shop site in Borough Park to become seven-story development

A rendering of the planned seven-story mixed-use building at 1547 60th St. in Borough Park.

Feb. 28, 2025 By Lauren Rapp A seven-story mixed-use building at 1547 60th St. in Borough Park is set to break ground in March, featuring a multilevel community facility and a passive recreational terrace. The future 3,401-square-foot facility will skimp on parking, as plans include a cellar-level lot in addition to a second-floor parking…

Pro-Palestine, pro-Israel protestors clash at Borough Park real estate event

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Feb. 19, 2025 By Robert Pearl and Robert Pozarycki Flag-waving pro-Palestine and pro-Israel demonstrators clashed in Borough Park Tuesday night during a demonstration outside a real estate expo. The pro-Palestine activists, led by the Pal-Awda group, gathered near several synagogues, shouting inflammatory slogans such as “Settlers, go back home!” and “Zionists, go to hell!” …

Hermès Williamsburg boasts bronze facade after $35M deal

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Feb. 12, 2025 By Cate Corcoran The green construction fence came down and, for a short while, the future Hermès store could be seen in (almost) all its naked glory on the corner of North 6th and Berry Street in Williamsburg. More recently, green netting has gone up on top of molded plastic barriers.…

21 Brooklyn neighborhoods among NYC’s most expensive in 2024: report

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Feb. 10, 2025 By Lauren Rapp Brooklyn neighborhoods account for nearly half of the top 50 most expensive places to live in New York City, with one North Brooklyn nabe ranking in the top 10, according to PropertyShark’s 2024 report. Twenty-one Brooklyn neighborhoods landed among the city’s priciest, with median sales prices of at…

Affordable housing lottery opens for new 17-story tower in Gowanus

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Jan. 27, 2025 By Anna Bradley-Smith A newly constructed 17-story apartment tower on Gowanus’ Fourth Avenue, made possible by the neighborhood’s recent rezoning, has officially launched an affordable housing lottery for eligible renters. The Douglass Street Apartments building, which replaces a BP gas station, will have a total of 188 apartments and climbs to…

143 affordable apartments up for grabs in Crown Heights as Loden housing lottery launches

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Jan. 15, 2025 By Anna Bradley-Smith An affordable housing lottery has launched for an under-construction 17-story, 569-unit development dubbed Loden, with units starting at $914 a month for a studio. Rising half a block from the Brooklyn Botanic Garden in Crown Heights south, and overlooking the S shuttle train tracks, the complex at 54…

Affordable housing lottery opens for Logan Fountain apartments in East New York

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Jan. 9, 2025 By Anna Bradley-Smith An affordable housing lottery has opened for 68 apartments in a 100% affordable development that spans a block along Atlantic Avenue in East New York. The one-, two-, and three-bedroom apartments at 265 Logan Street, dubbed The Logan Fountain, are aimed at households earning between 40% and 70%…

Affordable housing lottery opens in Bed-Stuy for Belle Gardens co-ops

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Jan. 6, 2025 By Anna Bradley-Smith A rare affordable housing lottery has opened for the sale of 46 one- and two-bedroom co-op apartments in four new Bed-Stuy buildings, giving households of one to five people with incomes between $83,126 and $218,010 a year the chance to become first-time homeowners. The lottery for the four-building…