Construction has topped out on Sherman Plaza, a 19-story mixed-use building at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects and developed by Arden Group, the structure will yield 222 rental apartments, lower-level retail space, a community facility, and tenant amenities. The latter will include a fitness center, a children’s playroom, a resident lounge, and multiple outdoor terraces.
The affordable housing lottery has launched for 595 Dean Street, a two-tower mixed-use development part of Pacific Park in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the structure yields with 558 market-rate apartments, 240 affordable housing units, a 60,000-square-foot public plaza, and 3,412 square feet of ground-floor retail space. Available on NYC Housing Connect are 240 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,515 to $187,330.
Below-grade work is progressing at 25-01 Queens Plaza North, the site of a 26-story residential building in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, which purchased the property for $63 million in 2021, the 311-foot-tall structure will yield 417 units with 124 reserved for affordable housing, as well as 7,600 square feet of ground-floor retail space. 25-01 QPN Consigli Construction is the general contractor and King Contracting Group is responsible for brick and CMU installation at the project, which is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station servicing the 7, N, and W trains.
Construction is now topped out at 25 North Lex, a high-rise mixed-use property at 25 North Lexington Avenue in White Plains, New York. Led by developer Greystar Real Estate Partners, the property will eventually contain 500 rental apartments, 60,000 square feet of amenities, and 16,000 square feet of ground-floor retail space.
Construction is complete on Gotham Point’s north tower, a 57-story residential skyscraper at 1-15 57th Avenue in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization and Riseboro Community Partnership, the 559-foot-tall structure yields 692 rental units and is also known as Parcel F in a two-tower master plan alongside its shorter 33-story, 443-foot-tall sibling, Parcel G. The property is bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west.
