The affordable housing lottery has launched for 4180 Carpenter Avenue, a five-story mixed-use building in Wakefield, The Bronx. Designed by Marin Architects and developed by Mark Stagg of RYTY Home Builders, the structure yields 92 residences. Available on NYC Housing Connect are 28 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,395 to $198,250.
The affordable housing lottery has launched for 739 East Gun Hill Road, an eight-story residential building in Williamsbridge, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the structure yields 134 residences and 69 parking spaces. Available on NYC Housing Connect are 41 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,886 to $227,630.
Last Thursday, YIMBY attended the topping out of The Arabella at 4720 Third Avenue, a nine-story residential building in the Belmont section of The Bronx. Designed by Ismael Leyva Architects and developed by Vertical Community Development and Sioni Group, the structure will yield 165 market-rate and affordable units designed by Marin Architects as well as retail space and a collection of amenities in the podium. DeSimone Structural Engineers is the structural engineer, REAL New York is handling leasing and marketing, and OmniBuild Construction is the general contractor for the project, which occupies a trapezoidal plot bound by East 189th Street to the north, East 188th Street to the south, Washington Avenue to the east, and Third Avenue to the west.
The affordable housing lottery has launched for 2441 Crotona Avenue, a seven-story residential building in Belmont, The Bronx. Designed by Marin Architect and developed by Stagg Group, the structure yields 51 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,395 to $215,150.
Exterior work is nearing completion on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential tower at 685 Fifth Avenue in Midtown. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the more than $300 million project involves the construction of a ten-floor addition above a former commercial building and the residential conversion of 100,000 square feet of its office space, and will yield 69 fully furnished condominium units managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and 54th Streets.
