Updated renderings have been revealed for 475 Bay Street, a 12-story affordable housing property in Stapleton, Staten Island. Designed by GF55 Partners and developed by BFC Partners, the 250,000-square-foot structure will yield 269 units.
The affordable housing lottery has launched for The Willoughby, a 34-story mixed-use building at 196 Willoughby Street in Downtown Brooklyn. Designed by Perkins Eastman and developed by RXR Realty, the structure yields 476 residences. Available on NYC Housing Connect are 143 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,503 to $167,570.
Construction is continuing on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential conversion at 685 Fifth Avenue in Midtown, Manhattan. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project will convert 100,000 square feet of former office space into a condominium property managed by Mandarin Oriental Hotel Group, above Fifth Avenue retail frontage marketed by Brookfield Properties. The Rinaldi Group of New York, LLC is the general contractor of the project, which is located between East 53rd and East 54th Streets.
The affordable housing lottery has launched for Sven, a 67-story mixed-use residential building at 2959 Northern Boulevard in Handel Architects and developed by The Durst Organization, the structure yields 958 residences. Available on NYC Housing Connect are 288 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $192,400.
Work is continuing on the renovation of 660 Fifth Avenue, a 64-year-old, 39-story commercial building in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, the project involves an interior overhaul and a complete re-cladding, replacing the old aluminum envelope with a modern glass curtain wall. The 1.25 million-square-foot property is located along Fifth Avenue between West 52nd and 53rd Streets and was formerly addressed as 666 Fifth Avenue.