Affordable Housing Lottery Launches for The Suffolk at 55 Suffolk Street on Manhattan’s Lower East Side

The affordable housing lottery has launched for The Suffolk, a 31-story residential building at 55 Suffolk Street on the Lower East Side of Manhattan. Developed by The Gotham Organization and designed by Dattner Architects and JG Neukomm Architecture, the structure yields 378 residences made up of 25 percent permanently affordable and 75 percent market rate units. Available on NYC Housing Connect are 95 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $27,738 to $165,500.

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One Madison Avenue’s New Glass Curtain Wall Begins Installation in Flatiron District, Manhattan

The new glass curtain wall has begun installation on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an eight-story structure and the construction of a new steel-framed addition above its parapet, and will yield 1.4 million square feet of office space and ground-floor retail. NYC Constructors is building the expansion and AECOM Tishman is the construction manager for the property, which occupies a full block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd and 24th Streets.

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Excavation Progresses at 2224 Cropsey Avenue in Gravesend, Brooklyn 

Excavation is progressing for the Affordable Independent Residences for Seniors, an 11-story residential building at 2224 Cropsey Avenue in Gravesend, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by Cropsey AIRS LLC, the 105-foot-tall structure will span 765,291 square feet with 110 senior living units, a 108,793-square-foot community facility, a cellar level, and a 21-foot-long rear yard. NY Developers & Management is the general contractor for the property, which is located by the intersection of Cropsey Avenue and Bay 31st Street, directly northwest of Hill West Architects‘ 30-story 2230 Cropsey Avenue.

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