2021

Aerial rendering of The New Terminal One at JFK International Airport

Governor Hochul Reveals $9.5B Expansion Project for JFK Airport

The Port Authority of New York and New Jersey has reached an agreement with a coalition of financial sponsors to complete a $9.5 billion expansion of JFK International Airport. On December 13, Governor Kathy Hochul officially announced the project, which will include major infrastructure upgrades, the replacement of several aging terminals, new retail destinations, security improvements, and sustainability enhancements.

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Affordable Housing Lottery Launches for 200 Units at 10-47 Beach 21st Street in Far Rockaway, Queens

The affordable housing lottery has launched for 10-47 Beach 21st Street, a ten-story mixed-use building in Far Rockaway, Queens. Designed by Urban Architectural Initiatives and developed by The Community Builders, the structure yields 224 residences. Available on NYC Housing Connect are 200 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $20,400 to $148,000.

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601 West 29th Street Nears Completion in Hudson Yards, Manhattan

Façade work is nearing completion on 601 West 29th Street, a 695-foot-tall residential skyscraper in Hudson Yards and number 19 on our year-end construction countdown. Designed by FXCollaborative and developed by Douglaston Development, the 60-story structure is also known as “Tower A” in a two-building development alongside 606 West 30th Street, which has yet to begin rising over Midtown, Manhattan. 601 West 29th Street will yield 703 market-rate and 235 affordable housing residences, 50,000 square feet of amenity space, and 15,000 square feet of retail space. Levine Builders is constructing the property, which is bound by Eleventh Avenue to the east, West 29th Street to the south, and West 30th Street to the north.

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DDG, Global Holdings Launch 92Y Programming Collaboration at 180 East 88th Street on Manhattan’s Upper East Side

A new studio space for the 92nd Street Y (92Y) is opening in 180 East 88th Street, DDG’s completed 47-unit tower on Manhattan’s Upper East Side. Located in the ground-floor retail section facing Third Avenue, the space will host cultural programming and arts classes as part of Joe McMillan’s DDG and Global Holdings‘ philanthropic support for culture and social justice in New York City.

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