The affordable housing lottery has launched for The Deermar, a new 11-story development at 262 9th Street in Park Slope, Brooklyn. Designed by NA Design Studio with interiors by Whitehall Interiors and developed by Ranco Capital, the structure yields 72 residences. Available on NYC Housing Connect are 22 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $187,330.
Developers recently celebrated the grand opening of Magnolia DUMBO, a 21-story residential building at 160 Front Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by RXR Realty, the structure yields 320 rental apartments with marketing led by Douglas Elliman Development Marketing Group. New Line Structures served as the general contractor for the property, which is situated on a full block bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.
Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.
The affordable housing lottery ends on July 8 for 2442 Ocean Avenue, a seven-story mixed-use residential building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Yaacov Azrad, the structure yields 105 residences and a 1,856-square-foot community facility space on the ground floor used as a medical center. Available on NYC Housing Connect are 32 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $49,715 to $187,330.
Permits have been filed for a five-story mixed-use building at 836 50th Street in Sunset Park, Brooklyn. Located between 8th and 9th Avenues, the interior lot is near the Fort Hamilton Parkway subway station, serviced by the D train. Xiu Qin Ye under the XQY LLC is listed as the owner behind the applications.