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Archer Green. All images courtesy of NYC Housing Connect

Housing Lottery Launches for Archer Green in Jamaica, Queens

The affordable housing lottery is open for Archer Green, a 23-story mixed-use development at 92-23 168th Street in Jamaica, Queens. Designed by Edelman Sultan Knox Wood Architects and developed by Omni New York, the 552,156-square-foot building will yield 387 units. Available on NYC Housing Connect are 351 units for residents from 40 to 130 percent of the area median income, ranging in eligible income from $20,160 to $183,300.

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41-53 South 3rd Street

Flank Acquires Mixed-Use Development Assemblage at 41-53 South 3rd Street, Williamsburg

Chelsea-based development and design firm Flank has closed on the purchase of the development assemblage at 41-53 South 3rd Street and 60 South 2nd Street, in Williamsburg, located two blocks in from the East River, for $36.2 million. The assemblage consists of a mix of single-story commercial-retail properties and vacant lots, according to The Real Deal. The plot could accommodate nearly 80,000 square feet of mixed-use development if the existing buildings are demolished. The developer is currently considering building a project with residential units, although plans won’t move forward until the existing tenants finish their respective leases, which expire between 2018 and 2023.

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