Daily brief · 11/07/2026
What changed in NYC housing today
NYCHA's Nostrand Houses in Brooklyn is the first closing for the NYC Public Housing Preservation Trust. Merchants Capital arranged a $185 million loan, including $50 million from the AFL-CIO Housing Investment Trust, to rehab 16 buildings in six phases over 60 months. Units convert from Section 9 to Section 8 through RAD and the HUD Section 18 process, and vacant units will be filled through Project-Based Section 8.
Reported by Yield PRO

Major compliance and regulatory reshapes
Photo: Yield PRONostrand Houses is first Preservation Trust closing. Merchants Capital arranged a $185 million loan, including $50 million from the AFL-CIO Housing Investment Trust, for NYCHA's Nostrand Houses. The 16 buildings will get new kitchens, baths, electric heating and cooling, elevators, and lead and mold remediation in six phases over 60 months. Units convert from Section 9 to Section 8 via RAD and the HUD Section 18 process. (Yield PRO)
Photo: GothamistCourt orders city to give ICE shelter records. On 11/06/2026, U.S. District Judge Lewis Kaplan ordered the city to give ICE names, birthdays and identifying records for certain male residents of the city-run shelter on Bruckner Boulevard in the South Bronx. A special master will limit the list to men with serious criminal histories. The shelter sleeps more than 2,000 and is the city's last migrant site. (Gothamist)
Photo: Jim.henderson, CC0NYCHA moves Section 8 and repair business online. NYCHA's MyNYCHA app and website let residents create and manage work tickets for apartments or public spaces and pay rent, in English or Spanish. (NYCHA)
Photo: Commercial ObserverBushwick rezoning ask: 321 units at 900 Wyckoff. Queens-based Criterion Group filed a rezoning application with the Department of City Planning for a 13-story mixed-use building at 900 Wyckoff Avenue. Plans call for about 321 apartments, 85 permanently affordable, about 19,200 square feet of retail and 20 parking spaces on a vacant lot bought for $4.7 million in 2021. If approved, it adds supply that could affect nearby rents and competition for tenants. (Commercial Observer, Crain's New York)
Photo: Crain's New YorkColumbia Street bank building eyed for residential rezoning. Owner Jack LoCicero bought it in 2021 for $2.3 million through Hamilton House 79. Few other plan details are available yet. (Crain's New York)
Lottery deadlines and placement options
Photo: Secret NYCCrown Heights lottery closes 11/18/2026. A lottery is open for 16 rent-stabilized studios, one- and two-bedrooms at 1058 Pacific St (aka 1060 Pacific St), a new 10-story building, with rents advertised from $975 a month. The units come from the Inclusionary Housing Program with an expected 485-x exemption from HPD. Households of 1 to 5 earning $39,875 to $146,560 qualify at 40%, 60% and 80% AMI. (Secret NYC)
Photo: Bronx TimesTremont 80% AMI lottery due 11/26/2026. Thirteen units are offered in an 8-story, 64-unit building at 4212 Park Ave. in Tremont. All units target 80% of AMI with household incomes from $75,189 to $168,320 and a $135,680 asset limit. Rents run from $2,040 for studios to $2,962 for three-bedrooms, and tenants pay electricity, including heat. (Bronx Times)
Photo: New York YIMBYLongwood lottery opens at 1303 Hoe Avenue. Eleven units are offered through NYC Housing Connect. Income levels and the deadline were not fully stated, so check the listing before referring clients. (New York YIMBY)
Photo: Jim.henderson, CC BY-SA 4.0Clinton Hill lottery at Fulton and Clinton. Brownstoner lists the units at $1,656. Eligibility rules and the deadline were not in our material. (Brownstoner)
Photo: New York YIMBYHPD and DHS plan 698 East Harlem units. Magnusson Architecture and Planning designed it, and HPD and the Department of Homeless Services are developing it as a joint venture. No timeline was given, but it is a future option to track for low-income households. (New York YIMBY)
Resident resources and market signals
Photo: Bronx TimesPaid NYCHA Health Corps roles for 35 residents. Kalshi, the Public Housing Community Fund and Rep. Ritchie Torres announced the $1 million Kalshi Public Housing Health Fund on 11/05/2026. The gift comes as AG Letitia James and Gov. Hochul pursue a July suit alleging Kalshi runs illegal gambling. (Bronx Times)
Photo: Commercial ObserverAtlas buys 360 West 43rd Street. Atlas Capital Group bought the 256-unit, 23-story tower from a Brodsky Organization entity in an off-market deal. Commercial Observer reports $142.5 million, while The Real Deal and Crain's report about $150 million. The latest lease was a $3,795 studio per StreetEasy, a fresh price point for owners of large Manhattan rentals. (Commercial Observer, The Real Deal · New York, Crain's New York)
Photo: Crain's New YorkSanyo Sangyo pays $26M on LaGuardia Place. The seller, unit counts and rent status were not given. Owners weighing a sale or refinance can use it as a comparison point. (Crain's New York)
Photo: New York YIMBYPermits filed at 1901 Harrison Avenue. Permits have been filed for a four-story residential building in Morris Heights, between West Burnside Avenue and Morton Place near the Burnside Avenue 4 station. Shea Fruend is listed as owner. Unit count, rents and timeline are not yet known. (New York YIMBY)
Operational deltas
| Area | Update | What it means |
|---|---|---|
| NYCHA Preservation Trust | Nostrand Houses first closing, $185M loan | Section 9 to Section 8 via RAD; PBS8 vacancies ahead |
| Shelter data and ICE | Court order of 11/06/2026 on Bruckner Blvd shelter records | Caseworkers face client questions; appeal urged |
| NYCHA Section 8 portals | Owner portfolio portal, 24/7; MyNYCHA app | Less phone and office time for owners and tenants |
| Crown Heights lottery | 1058 Pacific St due 11/18/2026 | One application only; tenant pays electric heat |
| Tremont lottery | 4212 Park Ave due 11/26/2026 | Income floor $75,189; tenant pays electricity |
| Bushwick rezoning | 900 Wyckoff Ave filed with City Planning | Up to 85 permanently affordable units if approved |
| Manhattan multifamily pricing | 360 W 43rd St sold for $142.5M to about $150M | Fresh comp for large rental buildings |
What to do
- Refer shelter clients worried about the 11/06/2026 ICE ruling to immigration legal services, and do not speculate about who is covered.
- Submit exactly one Housing Connect application per household for 1058 Pacific St before 11/18/2026 to avoid automatic disqualification.
- Budget electricity for heat and hot water when placing households at 1058 Pacific St and 4212 Park Ave.
- Screen Tremont applicants against the $75,189 income floor and $135,680 asset limit before the 11/26/2026 deadline.
- Set up NYCHA's owner portal to manage Section 8 units online, and help tenants file repair tickets in MyNYCHA.
- Track Nostrand Houses rehab phases for Project-Based Section 8 vacancies for eligible voucher clients.
Written by Bulwark from the reporting linked above. This is general information, not legal advice.
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