Affordable Housing Lottery Launches for 282 Grand Street on Manhattan’s Lower East Side

6:30 am on January 25, 2023 By Vanessa Londono

The affordable housing lottery has launched for 282 Grand Street, a seven-story residential building on the Lower East Side of Manhattan. Designed by DeFonseca Architects and developed by Prosper Property Group, the structure yields 25 residences. Available on NYC Housing Connect are eight units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $54,755 to $156,130.

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The Brooklyn Tower’s Podium Continues to Take Shape in Downtown Brooklyn

8:00 am on January 24, 2023 By Michael Young

Work is continuing on the multi-story podium of The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed and built by JDS Development, the 93-story skyscraper stands as the tallest structure in the outer boroughs that will yield 550 units composed of 150 condominiums, 120 affordable rentals, and 280 market-rate rentals, as well as a 100,000-square-foot retail podium incorporated into the landmarked Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the marketing, sales, and leasing agent for the residential component, Gachot Studios is the interior designer, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.

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Construction Continues on 73-75 McGuinness Boulevard in Greenpoint, Brooklyn 

7:30 am on January 24, 2023 By Michael Young

Construction has topped out on 73-75 McGuinness Boulevard, an eight-story residential building in Greenpoint, Brooklyn. The structure is designed by Avalon Designs and developed by David Grunfeld under the GW BLVD LLC, which purchased the property for just under $4.2 million at the end of 2021. Demolition permits were filed by Stroh Engineering Service in December 2021 and the former three-story occupant of the site was torn down last year. Blue Sky Builders is the general contractor for the project, which is located between Nassau and Norman Avenues. The Masters Division at Nest Seekers is handling leasing and marketing of the 32 units.

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