The affordable housing lottery has launched for Gotham Point North Tower, a 57-story high rise at 1-15 57th Avenue in Hunters Point South. Designed by Handel Architects and developed by Gotham Organization and Riseboro Community Partnership, the structure yields 692 residences. Available on NYC Housing Connect are 463 units for residents at 30 to 165 percent of the area median income (AMI), ranging in eligible income from $16,183 to $273,075.
A new affordable housing development has broken ground at 201-207 7th Avenue in Chelsea, Manhattan. The nine-story, affordable cooperative building will replace four aging properties at the corner of 22nd street, which are only partially occupied by five residents.
Construction has topped out on 310 East 86th Street, a 21-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by ODA Architecture and developed by IGI-USA, the 145,000-square-foot building will yield 69 condominiums and an undisclosed amount of commercial space. Hunter Roberts Construction Group is the general contractor for the property, which is located between Second and Third Avenues, directly across from the 86th Street station, servicing the Q train.
Permits have been filed for a seven-story mixed-use building at 1420 Stebbins Avenue in Crotona Park East, The Bronx. Located between East 170th Street and Boston Road, the lot is near the Freeman Street subway station, serviced by the 2 and 5 trains. Moses Freund of The Vaja Group is listed as the owner behind the applications.
Permits have been filed to convert two-story structure into a six-story mixed-use building at 965 Bedford Avenue in Bedford Stuyvesant, Brooklyn. Located between Dekalb and Willoughby Avenues, the lot is three blocks from the Classon Avenue subway station, serviced by the G train. Jacob Scherman of Homeland Property Group LLC is listed as the owner behind the applications.