Exterior work is nearing completion on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.
Permits have been filed for a nine-story residential building at 4-44 Beach 67th Street in Far Rockaway, Queens. Located between Beach Channel Drive and Thursby Avenue, the lot is near the Beach 67th Street subway station, serviced by the A train. Ericka Keller-Wala of Brisa Builders Corp. is listed as the owner behind the applications.
Construction is now underway at 88 Throop Avenue, the first of five affordable housing developments planned for the Broadway Triangle neighborhood in Brooklyn. Located at the convergence of Williamsburg, Bushwick, and Bedford-Stuyvesant, the 140-unit property will debut as Throop Corners.
Leasing has launched for The Arch, a 16-story residential building at 1101 President Street in Crown Heights, Brooklyn. Designed by Marvel Architects and developed by Brooklyn-based BFC Partners, the structure yields 323 rental units in studio to three-bedroom floor plans.
The affordable housing lottery has launched for 1101 President Street, a 15-story mixed-use building in Crown Heights, Brooklyn. Designed by Marvel Architects and developed by BFC Partners, the structure yields 355 residences and 118 parking spaces. Available on NYC Housing Connect are 160 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $18,515 to $99,300.