Thanks to new developments and megaprojects, a few popular Brooklyn neighborhoods will see and influx of affordable apartments. According to data from the NYC Department of Housing Preservation and Development, three-quarters of the 3,069 new affordable apartments planned for Brooklyn will be in Greenpoint, Prospect Heights, and Downtown Brooklyn. The bulk of these will come from Greenpoint Landing (191 units), Atlantic Yards/Pacific Park (480 units), and City Point (200 units), but a map of the data created by AM New York shows that there are quite a few smaller developments scattered throughout the neighborhoods as well. The numbers represent affordable units that were approved for construction during the 2015 fiscal year, as well as those that were created through preservation. Across all five boroughs, that amounts to 20,326 apartments, which is the highest in HPD's 37 years of existence.
Domino, Essex Crossing, and Moinian Group's 605 West 42nd Street, are a few other noticeable large developments bringing affordable units to popular neighborhoods. Malcom X Boulevard in Bed-Stuy saw nearly a dozen smaller buildings preserve affordable units, something that mayoral spokesperson Wiley Norvell says the administration is aggressively pursuing. He told AMNY, "For example, we might make a deal with a landlord of an old building where we say, 'If you can keep those rents affordable, we'll pay for the boiler' and give them tax exemption."
The Bronx and Upper Manhattan saw several large buildings remain affordable through preservation, including a 625-unit building in Harlem and a 676-unit building on Sheridan Avenue. In Queens, only 10 buildings contributed to the affordable housing stock, while there were just four in Staten Island. Combine, the boroughs only added 2,419 affordable apartments, though the map is not representative of all the affordable housing in the pipeline. The 925 apartments in the newest buildings at Hunters Point South are entirely affordable, but because they were approved in 2014, they are not included on the map.
· Brooklyn Leads City Boom of New Affordable Housing Units [AMNY]
· Mapping Affordable Rentals Taking Applications Right Now [Curbed]
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