The affordable housing lottery has launched for The Posh, a seven-story residential building at 1941 Coney Island Avenue in Midwood, Brooklyn. Designed by Fischer + Makooi Architect, the structure yields 51,240 square feet and 43 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Full demolition permits have been filed for 35 West 57th Street in Midtown, Manhattan. Located between Fifth and Sixth Avenues along Billionaires’ Row, the 2,510-square-foot site is occupied by a five-story mixed-use building. Built in 1891, the mansion with Beaux Arts details was a wedding gift to the granddaughter of William Vanderbilt. The 65-foot-tall structure is currently owned by Solow Realty and Development.
Construction has passed the halfway mark on Parcel F, a 58-story residential tower in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, the structure will yield 689 residential units alongside Parcel G, its 34-story, 443-unit sibling. A grade school will be located in the podium of the complex, between the two ground-up towers. The property sits at the confluence of the East River and Newtown Creek, bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west.
Breaking Ground and the African American Planning Commission Inc. recently celebrated the opening of their co-developed residential property at 7 Livonia Avenue in Brownsville, Brooklyn. Known as Edwin’s Place, the property comprises 125 units of affordable and supportive housing in addition to new community space and ground-floor retail.
Demo permits have been filed for 14 Fifth Avenue in Manhattan’s Greenwich Village, the site of a planned 19-story residential tower designed by Robert A.M. Stern Architects and Hill West. Located between East 8th Street and East 9th Street with 52 feet of frontage along Fifth Avenue, the property is currently occupied by a four-story residential building with 20 units. Madison Realty Capital is listed as the owner behind the application, after purchasing the 5,255-square-foot site for $27.5 million in 2015.
