What changed in NYC housing today

Major compliance and regulatory reshapes

1. Photo: Yield PRO
   Preservation Trust closes first deal at Nostrand Houses. Merchants Capital arranged a $185 million loan, including $50 million from the AFL-CIO Housing Investment Trust, for NYCHA's Nostrand Houses. The work covers 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)
2. Photo: Gothamist
   Court orders city to share shelter records with ICE. 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 residents with serious criminal histories. The site sleeps more than 2,000 people and is the city's last migrant shelter. (Gothamist)
3. Photo: Jim.henderson, CC0
   NYCHA moves Section 8 owner business online. The MyNYCHA app and website let residents create and manage work tickets and pay rent, in English or Spanish. Owners and voucher holders can handle routine NYCHA business without phone lines or office visits. (NYCHA)
4. Photo: Commercial Observer
   Bushwick rezoning sought for 321 units, 85 affordable. 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. Commercial Observer reports 261,000 square feet in total, and Crain's reports 20 parking spaces. The site is a vacant lot bought for $4.7 million in 2021. (Commercial Observer, Crain's New York)

Lottery deadlines and placement openings

1. Photo: Secret NYC
   Crown Heights rent-stabilized lottery closes 11/18/2026. A lottery is open for 16 rent-stabilized studios, one-bedrooms and two-bedrooms at 1058 Pacific St (aka 1060 Pacific St), a new 10-story building. The units come from the Inclusionary Housing Program, with an expected 485-x tax exemption from HPD. Households of 1 to 5 earning $39,875 to $146,560 qualify at 40%, 60% and 80% AMI. (Secret NYC)
2. Photo: Bronx Times
   Tremont 80% AMI lottery due 11/26/2026. Thirteen units are available 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)
3. Photo: New York YIMBY
   Longwood lottery at 1303 Hoe Avenue opens. Eleven units are offered through NYC Housing Connect. Our material did not fully state the income levels or the deadline. Check the Housing Connect listing before referring clients. (New York YIMBY)
4. Photo: Jim.henderson, CC BY-SA 4.0
   Clinton Hill lottery opens at Fulton and Clinton. Brownstoner lists the units at $1,656. Our material did not give income limits or a deadline, so confirm eligibility on the official listing. (Brownstoner)

Supply pipeline and pricing signals

1. Photo: Commercial Observer
   Atlas Capital buys 360 West 43rd Street. Commercial Observer reports $142.5 million, while The Real Deal and Crain's report about $150 million. Brodsky developed the 250,000-square-foot tower in 2002, and the latest lease was a $3,795-per-month studio, per StreetEasy. Atlas also bought 250 East Houston Street for $112 million earlier in 2026. (Commercial Observer, The Real Deal · New York, Crain's New York)
2. Photo: Crain's New York
   Coffee company pays $26M for Village buildings. The report did not name the seller or give unit counts, rent status or plans. It is a pricing data point for owners weighing a sale or refinance. (Crain's New York)
3. Photo: Crain's New York
   Columbia Street bank building eyed for housing. A vacant former bank building in Brooklyn's Columbia Street Waterfront District is being considered for a rezoning to allow residential use. Owner Jack LoCicero bought it in 2021 for $2.3 million through Hamilton House 79. Few other details are available. (Crain's New York)
4. Photo: New York YIMBY
   Permits filed for Morris Heights four-story building. Shea Fruend is listed as the owner. The unit count, rents and timeline are not yet known. (New York YIMBY)

Operational deltas

What to do

• Track Nostrand Houses rehab phases and prepare eligible voucher households for Project-Based Section 8 vacancies as units come back online.
• Refer shelter clients worried about the ICE records order to immigration legal services, and tell them the order covers only men a special master flags for serious criminal histories.
• Move Section 8 portfolio tasks and repair tickets to NYCHA's online portals to cut wait times and keep a written record.
• Submit exactly one application per household for 1058 Pacific St by 11/18/2026, since duplicates mean automatic disqualification.
• Check that households meet the $75,189 income floor and $135,680 asset limit at 4212 Park Ave before the 11/26/2026 deadline.
• Budget electric heat and hot water costs on top of rent when placing households in the Crown Heights and Tremont lottery units.