Timbale Terrace Breaks Ground at 101 East 118th Street in East Harlem, Manhattan
February 19, 2026 – New York Yimby
Yesterday, Mayor Zohran Mamdani took part in the groundbreaking ceremony for Timbale Terrace, a 20-story all-affordable housing development at 101 East 118th Street in East Harlem, Manhattan. Designed by Urban Architectural Initiatives (UAI) and developed in a joint venture between Mega Group Development, the Lantern Organization, and the New York City Department of Housing Preservation and Development, the structure will yield 341 rental units, including 97 designated as supportive housing for the formerly homeless. The project will also include space for social services provided by Lantern Community Services, a fitness center, rooftop terraces, on-site parking for police vehicles, and 20,000 square feet of ground-floor commercial space. The property is located along Park Avenue between East 118th and East 119th Streets.
The above aerial rendering looks south at Timbale Terrace, showing a bulky massing beginning with a tall podium clad in light gray brick and stone and capped with a cornice line. Above, the main tower rises along the western edge of the property with a beige and yellow brick envelope surrounding an orderly grid of recessed windows. A setback topped with a wraparound landscaped terrace is positioned near the top of the building, and the structure culminates in a flat roof topped with a canopy.
The below street-level rendering previews the southeast corner of the structure and the ground-floor commercial frontage, which will include a home for the Casa Belongó Music and Arts Center.
The upper terrace will feature raised garden beds, tables, and seating.
Homes at Timbale Terrace will cater to families as well as young adults. Thirty-five percent of the units will be comprised of two- and three-bedroom apartments; 61 one-bedrooms will rent for around $900, while 44 two-bedrooms will rent for about $2,250. There will also be 84 units for individuals earning between $30,000 and $50,000; 71 homes for renters earning between $50,000 and $80,000; and 88 homes for people earning between $80,000 and $130,000.
The project was made possible by an East Harlem rezoning in 2016, followed by a Request For Proposals (RFP) in 2019 and approval by the City Council in 2024. The structure will be engineered to Passive House standards and is projected to cost nearly $225 million. Funding sources include the NYC 15/15 and Extremely Low & Low Income Affordability (ELLA) programs, grants from the Manhattan Borough President, Council Member Yusef Salaam, and NYC Department of Cultural Affairs.
The nearest subway from the ground-up development is the 6 train at the 116th Street station along Lexington Avenue.
Timbale Terrace’s anticipated completion date is slated for 2028.