The New York City Department of Housing Preservation and Development has announced the construction of two affordable housing projects in Hell’s Kitchen, Manhattan. Together, the 100% affordable housing developments will create more than 250 homes for low-income families and the formerly homeless.
The conversion of 75 Greene Avenue in Fort Greene, Brooklyn, is making headway, and YIMBY has word that sales have now officially launched for the project. As a landmarked structure, the exterior is being preserved and renovated while the interiors will house 22 units. The project is being developed by Douglaston Development and financed by G4 Capital Partners. Units will range from $845,000 to $2.6 million, and 20 percent are already under contract.
Permits have been pre-filed for a 58-story tower at 601 West 29nd Street in the Hudson Yards district of Manhattan. The skyscraper, which will share block 675 in Manhattan with a second structure, was first announced in the summer of 2018, with renderings just coming out this June. Douglaston Development will be responsible for the project.
Just south of the still-exposed train yard that gave the Hudson Yards neighborhood its name, progress is being made on another two new mixed-use skyscrapers. While teasers have been shown before, the first full renderings are now out for the towers planned at Block 675. Douglaston Development will be responsible for 601 West 29th Street, and Lalezarian Properties is behind 606 West 30th Street.
Back in June, YIMBY reported on progress for the Block 675 Redevelopment, just to the southwest of Related’s Hudson Yards supertalls. The site sits on the corner of 30th Street and 11th Avenue, and there, Douglaston Development and Lalezarian Properties want to use air rights transferred from Chelsea Piers via the Special Hudson River Park District to build over 1,200 apartments. Now, we have some fresh renderings, a clearer look at Tower B, and the latest figures for the still-growing proposal, which consists of two towers being designed by FXFOWLE and Ismael Leyva Architects.
