The affordable housing lottery has launched for Alvista Towers II, a newly built 25-story mixed-use building at 147-25 94th Avenue in Jamaica, Queens. Designed by GF55 Partners and developed by Artimus NYC, the structure yields 543 residences. Available on NYC Housing Connect are 353 units for residents at 50 to 165 percent of the area median income (AMI), ranging in eligible income from $25,920 to $212,685.
Permits have been filed for a 24-story mixed-use building at 147-07 94th Avenue, in Jamaica, Queens. YIMBY last reported on the site in October 2016, when Phoenix Realty Group and Artimus Construction purchased it for $34 million. The site is one block away from the Jamaica LIRR Train Station, and the Sutphin Boulevard-Archer Avenue-JFK Subway Station, serviced by the E, J, and Z trains. Sutphin Boulevard Subway Station is six blocks further, serviced by the F train. Artimus Construction will be developing.
Phoenix Realty Group and Artimus Construction have acquired a 52-year ground lease for the development site at 147-07 94th Avenue in downtown Jamaica. The property was valued at roughly $34 million, and the development teams plan to build a mixed-use project with residential units and commercial-retail space. The residential units will be a mix of market-rate and affordable apartments.
247 Bedford Avenue [Brooklyn Daily Eagle]: Apple has “signed a lease” for 20,000 square feet at the two-story building located at 247 Bedford Avenue, in Williamsburg. The site’s owner is renovated the building to eventually sport “a reddish…