The affordable housing lottery has launched for 51 West 174th Street, a four-story residential building in Morris Heights, The Bronx. Designed by Nikolai Katz Architects and developed by Yitzi Salamon, the structure yields 25 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $161,590.
One Wall Street recently revealed new residences and pricing in the Financial District’s most luxurious Art Deco skyscraper. The residential development is offering four percent commission, sponsor-paid transfer taxes and common charges for a limited time. Developed by Macklowe Properties, the 564-foot-tall tower is the largest office-to-residential conversion in the city with 566 prime residences, 100,000 square feet of amenities, and a Whole Foods and Lifetime Fitness health club in the base of the building.
Permits have been filed for a 33-story hotel at 170 West 48th Street in Midtown, Manhattan. Located between Sixth and Seventh Avenues, the lot is one block from the 49th Street subway station, serviced by the N, R, and W trains and 47-50 Streets-Rockefeller Center station, serviced by the B, D, F, and M trains. Raj Guru of Atlas Hospitality is listed as the owner behind the applications.
The affordable housing lottery has launched for 5-22 49th Avenue, a five-story residential building in Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the structure yields 15 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 $111,532 to $218,010.
Permits have been filed for an eight-story mixed-use building with affordable housing at 509 West 48th Street in Hell’s Kitchen, Manhattan. Located between 10th and 11th Avenues, the lot is closest to the 50th Street subway station, serviced by the C and E trains. Douglaston Development is listed as the owner behind the applications.
