Affordable Housing

509 West 38th Street

30-Story, 225-Unit Mixed-Use Project Tops Out at 509 West 38th Street, Hudson Yards District

6:00 am on August 16, 2016 By Reid Wilson

Since hitting 22 stories in height back in June, the 30-story, 225-unit mixed-use tower under construction at 509 West 38th Street, in the Hudson Yards District, has topped out. The progress can be seen thanks to photos posted to the YIMBY Forums by user JC_Heights earlier this month. The 361-foot-tall tower encompasses 243,689 square feet. There will be 13,739 square feet of retail space across parts of the ground and second floors, along with 29,180 square feet of community facility space on parts of the ground through fifth floors. The residential units, rental apartments, should average 786 square feet apiece and 20 percent (46 units) will rent at below-market rates through the affordable housing lottery. Imperial Companies is the developer and BKSK Architects is behind the architecture. Completion is anticipated in 2017.

810 Fulton Street

New Developer to Build 12-Story, 363-Unit Mixed-Use Building at 810 Fulton Street, Fort Greene

1:00 pm on August 11, 2016 By Reid Wilson

RXR Realty has acquired, for $28.7 million, the leasehold of the development site at 810 Fulton Street, in southern Fort Greene, from GFI Development, Crain’s reported. The previous developer’s plans for a 12-story, 363-unit mixed-use building, filed back in 2014, are what the new developer intends to construct. The city has approved an air rights transfer that will allow the project to grow from seven stories (as-of-right) to 12. The Buildings Department is still in the process of giving those plans the green light, according to the latest filings. The most recent permits indicate the structure will measure 328,047 square feet. Of that, 32,358 square feet will be ground-floor retail, followed by rental apartments on the floors above. The units should average 815 square feet apiece and 20 percent (73 units) will rent at below-market rates. GFI technically worked on the a part of the project’s foundation before the 421-a expired, which means RXR can still benefit from the tax break. Aufgang Architects is behind the design. Construction will resume in the fall, with completion expected by 2019.

257 West 29th Street

Construction Wraps on 14-Story, 37-Unit Supportive Housing Project at 257 West 29th Street, Chelsea

6:00 am on August 10, 2016 By Reid Wilson

The façade of a new 14-story, 37-unit supportive housing building has been unveiled at 257 West 29th Street, in Chelsea. This comes after YIMBY reported that construction on the project was wrapping up in June. The progress can be seen thanks to photos posted to the YIMBY Forums. The new building measure 27,455 square feet and its residential units should average 661 square feet apiece. All of the apartments will rent at below-market rates, although it’s still unclear who is expected to occupy them. Supportive housing is typically reserved for the most underprivileged and tenants usually have access to health and social services. Listed amenities include storage for 19 bikes and multi-purpose rooms on the ground and cellar levels. Arker Companies is the developer and Aufgang Architects is behind the architecture. Occupancy can probably be expected later this year.

Our Lady of Loreto

Affordable Residential Building to Replace Our Lady of Loreto Church, 124 Sackman Street, Ocean Hill

10:00 am on August 9, 2016 By Reid Wilson

Our Lady of Loreto, an abandoned church owned by the Roman Catholic Diocese of Brooklyn and located at 124 Sackman Street in Ocean Hill, is expected to be demolished to make way for an affordable residential building. Catholic Charities Progress of Peoples Development Corporation, which leases the property, is behind the project, the New York Times reported. New building applications haven’t yet been filed, but demolition permits were back in June and crews are expected to begin work later this year. When the church originally closed back in 2008, the structure came close to being razed for 88 affordable residential units. An agreement was made to build 64 residential units behind it while converting the church structure into a different use. Since the 2010 agreement, Catholic Charities hasn’t been able to recruit a redevelopment team to convert the property. The site, located at the corner of Pacific and Sackman streets, is five blocks from Broadway Junction stop on the the A, C, J, L, and Z trains.

Marine Terrace

Developer Plans Two-Building, 53-Unit Affordable Housing Expansion of Marine Terrace Complex, Astoria

10:00 am on August 8, 2016 By Reid Wilson

Related Companies is planning to build two new residential buildings, with a combined total of 53 units, along 20th Avenue on the northern edge of the Marine Terrace affordable residential complex, in the Ditmars section of northern Astoria. Marine Terrace is a 444-unit development comprised of seven three-story buildings, DNAinfo reported, which Related acquired for $121 million in June. It’s bound by 21st Street, Shore Boulevard, and 20th and 21st avenues. The 53 new residential units will spread across three- and four-story buildings. All of the units will be rented at below-market rates to veterans, although 20 percent will be specifically geared towards homeless veterans. The new buildings will replace two existing single-story parking garages. In addition, Related will renovate the rest of the 444-unit Marine Terrace complex. It will get an additional 5,400 square feet of community space, and amenities including a fitness center, a computer lab, a lounge, laundry facilities, and a nurse’s office. All but three apartments in Marine Terrace, which range from one- to three-bedrooms, receive Section 8 assistance. Grounbreaking for the new construction components is expected in 2017.

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