Developers and elected officials recently joined to celebrate the completion of Peninsula 1B, the first affordable housing building in The Peninsula complex at 720 Tiffany Street in Hunts Point, The Bronx. The building comprises 183 income-restricted units and a modest collection of amenities.
Permits have been filed for a 40-story office tower at 415 Madison Avenue in Midtown East, Manhattan. Located at the intersection of East 48th Street and Madison Avenue, the lot is within walking distance of the Grand Central subway station, serviced by the 4, 5, 6, and 7 trains. Albert Sanfilippo of Rudin Management is listed as the owner behind the applications which sought special permits through ULURP for the overbuilt floor area for air rights from the landmarked St. Bartholomew’s Church along Park Avenue.
The affordable housing lottery has launched for 524 East 14th Street, a seven-story residential building known as EVGB in Manhattan’s East Village. Designed by Beyer Blinder Belle and developed by Extell Development Company, the structure yields 54 units within 253,432 square feet. Available on NYC Housing Connect is a waiting list to fill current and future vacancies for 50 units at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $38,195 to $187,330.
Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.
Construction has topped out on 144 Barrow Street, a seven-story residential building in Manhattan‘s West Village. Designed by BKSK Architects and developed by 144 Barrow Street LLC, the 24,800-square-foot structure will yield 16 residential units and 1,800 square feet of ground-floor commercial space. Titanium Construction Services is the general contractor for the property, which is located on a relatively narrow 5,000-square-foot site bound by Christopher Street to the north and Barrow Street to the south.
