The affordable housing lottery has launched for One Boerum Place, a 21-story mixed-use building in Downtown Brooklyn. The development is designed by SLCE Architects and is being developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $167,570.
Savanna, a New York-based development company, recently landed $264 million in financing to complete 141 Willoughby Street, a 24-story commercial tower underway in Downtown Brooklyn. Designed by Fogarty Finger with SLCE Architects, the property will yield 400,000 square feet of office and retail space.
Leasing has officially kicked off at One Boerum Place, a 22-story rental building in Downtown Brooklyn. The new development introduces 96 apartments ranging from one- to four-bedroom layouts and a suite of amenities.
Construction is continuing to progress on the residential conversion of the 90-year-old One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Developed by Macklowe Properties, the project is expected to cost $1.5 billion and also features an exterior addition designed by SLCE Architects. The undertaking is the largest office-to-residential conversion in New York City history and will feature 566 new units with sales handled and marketed by Compass, as well as a new 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The site is bound by Broadway to the west, Wall Street to the north, New Street to the east, and Exchange Place to the south.
Construction has topped out on 555 West 38th Street, a 570-foot-tall residential skyscraper in Hudson Yards. Developed by Rockrose and designed by Pelli Clarke Pelli Architects with SLCE as the architect of record, the 52-story structure will add 598 rental units to this growing section of Midtown. The site is located along Eleventh Avenue between West 38th Street and West 39th Street, directly across from the Jacob K. Javits Center.