Plans have been revealed for 670 new affordable apartments within two buildings in Downtown Far Rockaway, Queens. The project comes as part of the neighborhood’s rezoning announced last September. The NYC Economic Development Corporation (NYCEDC) along with the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) jointly announced the project.
Permits have been filed for a four-story residential building at 52-11 102nd Street in Corona, Queens. The site is six blocks from the Queens Zoo in Flushing Meadows Corona Park, and eleven blocks away from the 103rd Street subway station, serviced by the 7 train. Yi Diao of Wisdom Property Management LLC is listed as responsible for the development.
The steel superstructure for 68-74 Trinity Place is now rising quickly into the Financial District’s neighborhood skyline. Designed by Pelli Clarke Pelli Architects, with Stephen B. Jacobs Group as the executive architect, the 26-story building is being developed by Trinity Real Estate, and will include around 310,000 square feet of rentable office space that will start from the seventh floor and continue up to the top of the nearly 500-foot-tall tower.
The Walt Disney Company’s chairman and CEO Robert A. Iger has announced the company’s future New York headquarters will encompass a full city block bounded by Hudson Street, Varick Street, Vandam and Spring Street, in Hudson Square. Rev. Dr. Willaim Lupher of Trinity Church sold the air rights, with the help of CBRE, allowing Disney to develop and take ownership of 4 Hudson Square for 99 years, at a cost of $650 million.
Developed in a partnership between Property Resources Corp. and Camber Property Group, 975 Tiffany Avenue will officially move forward following the securing of $60 million in construction financing. Located in the Longwood neighborhood of The Bronx, the 100% affordable residential project will rise a total of eight stories, replacing a privately owned vacant lot and a private parking lot.
