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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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565 Fulton Street

Development Site Assembled At Fulton Street & Flatbush Avenue, Downtown Brooklyn

RedSky Capital recently acquired the three-story commercial building at 585 Fulton Street, in Downtown Brooklyn, for $13 million, and now owns the entire triangular block spanning 565-591 Fulton Street and 398 Flatbush Avenue Extension (excepting the four-story building at 571 Fulton Street). The assemblage currently has 280,000 square feet of development rights, but if No. 571 is acquired, that figure would increase to 330,000 square feet, according to The Real Deal.

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