Kicking off our annual end-of-year countdown of the 31 tallest projects underway in New York is 255 East 77th Street, a forthcoming 36-story residential tower on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Naftali Group, the 475-foot-tall structure will yield 170,481 square feet with 55 units, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. Alba Services is the general contractor for the property, which is alternately addressed as 1481 Second Avenue and located at the corner of Second Avenue and East 77th Street.Read More
Construction is complete on Vital Brookdale, a 160-unit affordable and supportive housing development at 535 East 98th Street in Brownsville, Brooklyn. The development team for Vital Brookdale includes Smith & Henzy Affordable Group and The New York Foundling, a non-profit agency founded in 1869 that provides foster care, mental health services, educational programs, and a litany of community support services across the New York City region.
The affordable housing lottery has launched for 571 Ocean Parkway, an eight-story mixed-use building in Kensington, Brooklyn. Designed by Kindo Holdings, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $81,429 to $156,130.
Permits have been filed for an eight-story residential building at 2071 Ryer Avenue in Fordham Heights, The Bronx. Located between East 180th Street and East Burnside Avenue, the lot is two blocks from the 182nd-183rd Streets subway station, serviced by the B and D trains. Joel Friedman is listed as the owner behind the applications.
Excavation is moving along at 15 Hanover Place, the site of a 34-story residential skyscraper in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, for which Cushman & Wakefield arranged $134 million in construction financing from Santander and City National Bank, the 495-foot-tall structure will span 70,734 square feet and yield 314 apartments with 95 reserved for affordable housing, as well as 9,000 square feet of ground-floor retail space. Noble Construction Group is serving as the general contractor for the property, which was formerly addressed as 23 Hanover Place and is located at the corner of Livingston Street and Hanover Place.