The Nova Rises Toward Halfway Mark at 41-05 29th Street in Long Island City, Queens

7:30 am on August 1, 2021 By Michael Young

Construction is rising rapidly on The Nova, a 24-story residential project at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger and developed by SB Development Group, the 290-foot-tall structure will yield 86 homes and ground-floor retail space on a triangular plot at the confluence of 29th Street and 41st Avenue. The developers recently secured a construction loan from SCALE Lending worth $55 million to complete the project.

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Affordable Housing Lottery Launches for the Alexander Lofts in Mott Haven, The Bronx

6:30 am on August 1, 2021 By Vanessa Londono

The affordable housing lottery has launched for the Alexander Lofts, three residential buildings at 308 East 134th Street and 139 and 141 Alexander Avenues in Mott Haven, The Bronx. Designed by Shahriar Afshari and developed by Jorge Madruga of 20 Bruckner LLC, the four-story structures yields seven to eight residences each. Available on NYC Housing Connect are eight total units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,286 to $167,570.

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Handel Architects’ 34-story ‘Parcel G’ Nears Completion In Hunters Point South, Queens

8:00 am on July 31, 2021 By Michael Young

Exterior work is nearing the closing stages on Parcel G, a 34-story residential building in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, the 443-unit tower stands alongside Parcel F, its taller sibling, and is located by the intersection of 2nd Street and 56th Avenue. Parcel F will have a number of units dedicated to affordable housing, as well as a community facility for Flux Factory and kayak rentals on the lower levels of the edifice. Both towers occupy a formally empty plot perched atop a hill overlooking the Hunters Point South Park Extension. This 1.5-acre tidal marsh has winding walkways, green lawns, boardwalks, and lush landscaping, all carefully designed as a buffer against storm surges.

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Rendering of a 'Building A' at Wakefield Village (Newman Architects)

Proposals Reveal 4.65-Acre Affordable Housing Development in Wakefield, The Bronx

7:30 am on July 31, 2021 By Sebastian Morris

The Department of City Planning is reviewing proposals to construct a 4.65-acre mixed-use affordable housing development near the Metro-North Station in Wakefield, The Bronx. If approved, the six-building complex would create approximately 1,200 income-restricted apartments, 28,000 square feet of retail space, 87,000 square feet of community facilities, 130,000 square feet of publicly accessible open space, and 600 parking spaces.

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