Housing Lottery Launches for 2441 Crotona Avenue in Belmont, The Bronx

The affordable housing lottery has launched for 2441 Crotona Avenue, a seven-story residential building in Belmont, The Bronx. Designed by Marin Architect and developed by Stagg Group, the structure yields 51 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,395 to $215,150.

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Permits Filed for 2065 Valentine Avenue in Tremont, The Bronx

Permits have been filed for a seven-story residential building at 2065 Valentine Avenue in Tremont, The Bronx. Located between East Burnside Avenue and East 180th Street, the lot is near the 182-183 Streets subway station, serviced by the B and D trains. Alaudin Kolenovic of AK Premier Contracting Corp. is listed as the owner behind the applications.

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Excavation and Piling Work Begins at 25-01 Queens Plaza North in Long Island City, Queens

Below-grade work is progressing at 25-01 Queens Plaza North, the site of a 26-story residential building in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, which purchased the property for $63 million in 2021, the 311-foot-tall structure will yield 417 units with 124 reserved for affordable housing, as well as 7,600 square feet of ground-floor retail space. 25-01 QPN Consigli Construction is the general contractor and King Contracting Group is responsible for brick and CMU installation at the project, which is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station servicing the 7, N, and W trains.

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Construction Stalls on 33-Story Hotel at 255 West 34th Street in Midtown, Manhattan

Construction appears stalled at 255 West 34th Street, a 33-story hotel tower in Midtown, Manhattan, following a $481 million loan default by former developer The Chetrit Group late last year. Designed by Stonehill Taylor Architects, the 397-foot-tall structure was planned to yield 330 hotel rooms spread across 155,594 square feet. Flintlock Construction Services is the general contractor for the project, which is located between Seventh and Eighth Avenues on the southern edge of the Garment District.

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