Work is nearing completion on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, as well as financial partners Junius Real Estate Partners and general contractor Suffolk Construction, the 176,000-square-foot edifice will house both affordable and market-rate office space for technology firms with a range of indoor and outdoor amenities. Zero Irving is located along East 14th Street between Broadway to the west and Third Avenue to the east. Leasing is now underway with JLL as the exclusive marketing agent for the property, which is a very short walk to Union Square and the 4, 5, 6, L, N, Q, R, and W trains.
The affordable housing lottery has launched for 1769 Jerome Avenue, a 16-story mixed-use building in Morris Heights, The Bronx. Designed by Marvel Architects and developed through the Jerome Housing Development Fund, the structure yields 175 residences. Available on NYC Housing Connect are 60 units for residents at 60 to 80 percent of the area median income (AMI), ranging in eligible income from $34,972 to $118,400.
Permits have been filed for a ten-story mixed-use building at 188 East 135th Street in Mott Haven, The Bronx. Located between the Major Deegan Expressway and Harlem River waterfront, the lot is near the 138 Street-Grand Concourse subway station, serviced by the 4 and 5 trains. Jacob Sofer under the 101 Macombs Place LLC is listed as the owner behind the applications.
Excavation has finally begun at 262 Fifth Avenue, the site of a long-planned 1,011-foot-tall residential supertall skyscraper in NoMad. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the project, which is located at the corner of Fifth Avenue and West 29th Street.
The affordable housing lottery has launched for Capstone Condominiums, a nine-story mixed-use residential building at 940 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Fischer + Makooi Architect, the structure has 24 newly built condo units available on NYC Housing Connect. Eligibility is open to first-time buyers at 60 to 80 percent of the area median income (AMI), ranging in income from $37,500 to $103,120.