Affordable housing development Mannie Wilson Towers in Manhattan’s Harlem neighborhood just received $18.2 million for capital improvements and system upgrades from Merchants Capital New York, a mortgage banking company. Located at 565 Manhattan Avenue, the structure originally debuted in 1892 as Sydenham Hospital which closed in 1980. Owned by West Harlem Group Assistance, Inc., Mannie Wilson Towers currently provides restricted-income housing to senior residents.
Articles by Vanessa Londono
295 Fifth Avenue in Midtown South will soon receive a $350 million redevelopment at the hands of Tribeca Investment Group, PGIM Real Estate, and Meadow Partners. The full-block, 16-story “Textile Building” will have 700,000 square feet of updated office space. Studio Architecture is responsible for the design and CBRE is handling marketing.
Permits have been filed for two two-story residential buildings at 133-17 and 133-19 116th Avenue in Ozone Park, Queens. Located between 133rd and 134th Streets, the adjacent lots are closest to the 111st Street subway station, serviced by the A train. Sukhdev Singh of Lime Home Improvement Inc. is listed as the owner behind the applications.
The affordable housing lottery has launched for 145 West 108th Street, an 11-story community facility building on the Upper West Side, Manhattan. The 191,963-square-foot development was designed by Dattner Architects and developed by the West Side Federation for Senior and Supportive Housing, and yields 198 affordable housing units. Available on NYC Housing Connect are 79 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $18,480 to $88,800.
The affordable housing lottery has launched for 495 St. Johns Place, a seven-story residential building in Crown Heights, Brooklyn. The 23,059-square-foot development was developed by Candor Capital and yields 26 units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $59,795 to $167,570.