Community Impact
Buildings that serve
their neighborhoods.
Beyond market-rate homes and commercial space, our buildings provide income-restricted housing, a public charter school and a state-certified addiction-treatment center.
Affordable-housing figures are the units advertised in NYC Housing Connect lotteries for these buildings, as published by the NYC Department of Housing Preservation & Development on NYC Open Data.
Affordable housing
Homes for New Yorkers at every income
Across Brooklyn and Manhattan, our new developments and conversions set aside homes for households earning from 40% to 130% of the area median income. Each is offered by public lottery through NYC Housing Connect and leased under the City’s income guidelines.
Lorimer House & Copper Lofts
Williamsburg · Lottery May – Jul 2024
Middle income (130% AMI)
The Wave
East Williamsburg · Lottery Jun – Aug 2024
Very low to middle income: 14 very low, 14 low, 4 moderate, 3 middle
824 East New York Avenue
Crown Heights South · Lottery 2019; waiting list reopened 2022
Middle income (130% AMI)
313-321 East 17th Street
Gramercy / Stuyvesant Square · Lottery Oct – Dec 2025
Very low to moderate income (40 – 100% AMI)
In the pipeline
The office-to-residential conversion at 254 West 35th Street falls under the Midtown South rezoning, whose Mandatory Inclusionary Housing rules call for a permanently affordable share of new homes. The approved plan for 159 Broadway in Williamsburg pairs 99 rental residences with community-facility space.
Education · The Bronx
A school at 1910 Arthur Avenue
In 2020 we placed an entire nine-story building in the Tremont section of the Bronx with Zeta Charter Schools, a tuition-free public charter network, under a 49-year leasehold condominium. Joyland Group handled the transaction in-house, and the former office building was renovated for classroom use.
The building is home to Zeta Bronx Tremont Park Lower Elementary School, serving Pre-K through 2nd grade and listed by the NYC Department of Education as school X632. In September 2026, Zeta opened its Tremont Park upper elementary and middle school for grades 3 through 8 nearby, so students can continue close to home. View the property →
Sources: Commercial Observer · NYC Department of Education · Zeta Charter Schools · Bronx Times
- Tenant
- Zeta Charter Schools
- Building
- Nine stories, leased in full
- Term
- 49-year leasehold condominium
- Neighborhood
- Tremont, the Bronx
Health care · Brownsville
From public school to treatment center
At 589 Rockaway Avenue in Brownsville, Brooklyn, we converted a former public school building into a health-care facility after a 2017 change of occupancy, and we leased it to ACI (Addiction Care Interventions).
ACI operates its inpatient center in the building, offering medically supervised withdrawal and inpatient rehabilitation programs certified by the New York State Office of Addiction Services and Supports (OASAS), bringing residential addiction care to the neighborhood.
Sources: ACI locations · NYS OASAS certified provider register · Joyland Management property showcase
Data sources
Affordable-housing lotteries: NYC HPD, Advertised Lotteries on Housing Connect by Building and by Lottery (NYC Open Data); lotteries 4800, 4846, 2614, 7284, 2246, 1667, 1665, 2249. Housing Connect: housingconnect.nyc.gov.
Work with us
Partnering with lenders,
investors and owners.
We welcome conversations with banks, capital partners, brokers and property owners.
Get in touch718.360.877384 14th Street, Brooklyn, NY 11215