Kasa Living has opened its latest apartment-style hotel property at 120 Allen Street on Manhattan’s Lower East Side. Known as Kasa Lantern LES, the ten-story building comprises 20 short-stay rooms styled as condominium homes.
Construction is nearing completion on 355 Grand Street, a six-story residential building on Manhattan’s Lower East Side. Designed by S M Tam Architect and developed by Interboro Realty Management, which purchased the property for $4 million in 2015, the structure will yield an undisclosed number of units and 2,282 square feet of ground-floor retail space. Grand Building Contracting Inc. is the general contractor for the project, which is located on the southwest corner of Grand and Essex Streets.
Construction is complete on 63 Pitt Street, a 12-story residential building on Manhattan’s Lower East Side. Designed by Frank Quatela Architects and developed by Paul Stallings of 6 Strong Realty LLC, the building yields 59 rental apartments spread over 56,589 square feet with 18 homes designated for affordable housing. First Standard Construction was the general contractor for the property, which is located near the corner of Delancey and Pitt Streets.
The affordable housing lottery has launched for 64 Norfolk Senior Housing, a 16-story mixed-use building in a two-tower development at 60 Norfolk Street on the Lower East Side, Manhattan. Designed by Dattner Architects and developed by Gotham Organization, the combined structures yield 488 residences. Available on NYC Housing Connect are 86 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $25,372 to $84,070.
Demolition work is underway for the New Museum‘s eight-story expansion at 235 Bowery on Manhattan’s Lower East Side. Designed by Rem Koolhaas and Shohei Shigematsu of OMA and Cooper Robertson & Partners, the 174-foot-tall annex will rise directly to the south of the SANAA-designed main building from 2007 and nearly double the institution’s footprint to 115,277 square feet. The sleek, angular volume will connect laterally to the original museum and house three gallery floors, a cafe, a bookstore, offices, community and educational program space, art storage, and outdoor terraces. Sciame Construction is the general contractor for the property, which is located at the intersection of Bowery and Spring Street.
