GDS Development and Sweden-based property owner Corem have announced a 15-year lease with the restaurant group JKS Restaurants for a new 7,900-square-foot restaurant at 1245 Broadway, a 23-story commercial building in NoMad, Manhattan.
The affordable housing lottery has launched for 138 Bruckner Boulevard, a 12-story mixed-use building in Mott Haven, The Bronx. Developed by JCS Realty, the structure yields 447 residences. Available on NYC Housing Connect are 135 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,875 to $218,010.
Permits have been filed to expand a two-story structure into a four-story residential building at 130 East 54th Street in East Flatbush, Brooklyn. Located between Lenox Road and Clarkson Avenue, the lot is closest to the Sutter Avenue-Rutland Road subway station, serviced by the 3 train. Ann Marie Watson is listed as the owner behind the applications.
Construction has topped out on Edgemere Commons’ second all-affordable housing structure at 5119 Beach Channel Drive in Far Rockaway, Queens. Designed by Aufgang Architects and developed by Tishman Speyer’s TS Communities, the company’s affordable housing development platform, and The Arker Companies and Slate Property Group, the 247,000-square-foot structure will yield 237 rental apartments in studio to three-bedroom layouts, with 36 reserved for the formerly homeless, as well as 8,000 square feet of retail space and 7,500 square feet of community facility space. The building, also know as Edgemere Commons Building B1, is situated between Beach 50th and Beach 53rd Streets.
Work is about to get underway on 142 West 21st Street, a two-story parking garage that is being expanded into a 13-story residential building in Chelsea, Manhattan. Designed by BKSK Architects and developed by Yiannes Einhorn of Grid Group, who purchased the property from Jadlamm Realty Corp. for $31 million in 2021, the 135-foot-tall structure will span 61,256 square feet and yield 22 condominium units with an average scope of 2,756 square feet, as well as 610 square feet of commercial space, a cellar level, parking spots for 16 vehicles, and a 30-foot-long rear yard. The property is located on an interior lot between Sixth and Seventh Avenues.
