The affordable housing lottery has launched for 33 Bond Street, a 25-story mixed-use building at 300 Livingston Street in Downtown Brooklyn. Developed by TF Cornerstone and Handel Architects, the structure yields 714 residences and 55,000 square feet of retail across the ground and cellar levels. Available on NYC Housing Connect are 180 units with a waiting list for residents at 40 to 120 percent of the area median income (AMI), ranging in eligible income from $24,103 to $172,920.
There are still over 30 units with one month free rent available in the affordable housing lottery for One Bell Slip, a 31-story residential building in Greenpoint, Brooklyn. Designed by Handel Architects and developed by Brookfield Properties and Park Tower Group, the structure added 413 residences to the Greenpoint Landing complex. Available on NYC Housing Connect are 33 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $81,258 to $187,330.
The Chetrit Group is now the owner of 260 South Street, a forthcoming high-rise complex on the Lower East Side of Manhattan, following a $70 million acquisition loan from Madison Realty Capital. The waterfront development will eventually include 64-story and 74-story towers in the Two Bridges section of the neighborhood.
New York City’s largest rooftop park opened to the public last week atop Pier 57 in Chelsea. Designed by Handel Architects and developed by RXR Realty, YoungWoo & Associates, Hudson River Park Trust, and The Baupost Group, the 2-acre space is part of a $410 million renovation to the 70-year-old structure in Hudson River Park and now features 350,000 square feet of office space with Google as the anchor tenant. The building will also feature 50,000 square feet of public-oriented amenities on the ground floor developed by Jamestown that include a food hall curated by the James Beard Foundation, community space with flexible layouts available for booking by local organizations, a public gathering place called the Living Room, and an outdoor screening space for the annual Tribeca Film Festival. Pier 57 formerly served as a shipping port and bus depot and is located at the intersection of West Street and West 15th Street.
Foundations are progressing for Journal Squared Tower 3, a 60-story residential skyscraper and the final component in the three-building complex in Journal Square, Jersey City. Designed by HWKN Architecture and Handel Architects and developed by Kushner Real Estate Group and National Real Estate Advisors, the structure will yield 600 rental apartments on a plot bound by Pavonia Avenue to the north and Summit Avenue to the east. Tower 3 will feature the same architectural design as its siblings, with a tight window grid and white paneling, and will stand as the second-tallest in the group.