The affordable housing lottery has launched for 266 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the structure yields 171 residences. Available on NYC Housing Connect are 52 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $40,526 to $198,250.
Permits have been filed for a seven-story mixed-use building at 62-06 Woodhaven Boulevard in Rego Park, Queens. Located between 62nd Avenue and Dry Harbor Road, the lot is near the Woodhaven Boulevard subway station, serviced by the E, F, and R trains. Humayen Khan of 62-13 Woodhaven Boulevard LLC is listed as the owner behind the applications.
The 11th-tallest building on our year-end construction countdown is 98 DeKalb Avenue, a 610-foot-tall residential skyscraper rising in Fort Greene, Brooklyn. Designed by SLCE Architects and developed by Rockrose Development, the 49-story structure will span 418,092 square feet and yield 609 residential units and 3,775 square feet of commercial space. 180 Ashland GC LLC is the general contractor for the project, which is alternately addressed as 180 Ashland Place and located at the corner of DeKalb Avenue and Ashland Place.
Naftali Group has secured a $236 million construction loan for 255 East 77th Street, a 36-story residential skyscraper on Manhattan’s Upper East Side. Provided by J.P. Morgan and Starwood Capital, the loan will will help complete the 500-foot-tall structure, which is currently in the excavation phase.
The affordable housing lottery has launched for Mount Hope Walton Apartments, a 14-story mixed-use building at 1761 Walton Avenue in Mount Hope, The Bronx. Developed by Procida Development Group and Mount Hope Housing Corporation and designed by Aufgang Architects, the structure yields 103 income-restricted apartments and a 9,500-square-foot community gymnasium. Available on NYC Housing Connect are 86 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $24,515 to $140,080.
