Permits have been filed for a seven-story mixed-use building at 88 East 2nd Street in Manhattan’s East Village. Located near the northwest intersection of First Avenue and East 2nd Street, the lot is near the Bleecker Street subway station, serviced by the 6 train. Manny Ashourzadeh of Romah Management Corp. is listed as the owner behind the applications.
Wynn Resorts revealed a series of new renderings for its proposed casino and hotel location within phase two of Hudson Yards. Developed with Related Companies, the master plan, expected to cost $12 billion, consists of multiple skyscrapers that will additionally yield space for 1,500 apartments, two million square feet of office space, a public school, and a daycare center. The master plan is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.
BEB Capital and Totem, in partnership with Ofer Cohen and SK Development, have secured financing for a new residential development at 737 4th Avenue in Sunset Park, Brooklyn. The structure will yield 187 residential units with 46 designated as permanently affordable homes with a target average price of 48 percent of the area median income, as well as a ground-level retail space. Walker & Dunlop facilitated the $143 million loan for the 193,000-square-foot, 14-story project.
The affordable housing lottery has launched for 420 West 42nd Street, a 40-story residential building in Manhattan‘s Midtown West. Designed by Hardy Holtzman Pfeiffer Architects and developed by The Brodsky Organization in 2000, the structure yields 210 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $198,250.
Permits have been filed for a four-story residential building at 157 Leonard Street in East Williamsburg, Brooklyn. Located between Stagg Street and Scholes Street, the lot is closest to the Broadway subway station, serviced by the G train and the Montrose Avenue station, serviced by the L train. Hershy Silberstein of Blue Shone Builders Inc. is listed as the owner behind the applications.
