The affordable housing lottery has launched for The Gilroy, a 40-story tower at 232 East 54th Street in Midtown East, Manhattan. Designed by Ismael Leyva, the Art Deco-inspired high-rise yields 130 units. Available on NYC Housing Connect are 40 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $45,566 to $167,570.
Façade work has reached the crown of 150 East 78th Street, a 16-story residential building on Manhattan’s Upper East Side. Developed by Midwood Investment & Development and EJS Group and designed by Robert A. M. Stern Architects with Ismael Leyva Architects as executive architect and residential layout designer, the 205-foot-tall property will yield 25 units ranging from three- to five-bedroom condominiums. Sales have launched and are being handled by Compass Development Marketing Group. 150 East 78th Street is found at the corner of East 78th Street and Lexington Avenue.
Construction is wrapping up on 232 East 54th Street, a 420-foot-tall residential tower in Midtown East. Located between Second and Third Avenues, the 40-story structure is designed by Ismael Leyva Architects and Elk Investors is listed as the developer, though YIMBY last reported that ownership may have fully transferred to Mossanen Group under the East 54th Street Properties LLC.
A new rendering has been revealed for 141 East 47th Street, a 35-story residential tower in Midtown East. Excavation is underway for the 183,310-square-foot project designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which previously purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. The property will contain a mix of studios through two-bedroom units averaging around $1.5 million apiece, as well as 5,000 square feet of ground-floor retail space.
Exterior work is approaching completion on 102 Charlton Street, a 21-story, 210-foot-tall residential building in Hudson Square. The 59,323-square-foot project is designed by Ismael Leyva Architects and is being developed by Lalezarian Properties, which purchased the property in 2010 for $4 million. The 61-unit building is located between Greenwich Street and Hudson Street and features a dramatic cantilever that completely overhangs the roof of the abutting low-rise residential structure.