Mixed-Use

Housing Lottery Launches for 143 Units at The Willoughby, at 196 Willoughby Street in Downtown Brooklyn

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.

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685 Fifth Avenue. Rendering via Marin Architects

Mandarin Oriental Residences Fifth Avenue Progresses at 685 Fifth Avenue in Midtown, Manhattan

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.

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Housing Lottery Launches for 288 Units at Sven in Long Island City, Queens

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.

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Rendering of 660 Fifth Avenue

660 Fifth Avenue’s New Glass Façade Continues Installation in Midtown, Manhattan

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.

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131-141 East 47th Street’s Superstructure Climbs Above Midtown East, Manhattan

Construction has reached the halfway point on 131-141 East 47th Street, a 34-story residential skyscraper in Midtown East. Designed by Ismael Leyva Architects and developed by Silverback Development, the 500-foot-tall structure will yield 200 apartments ranging from studios to two-bedroom units as well as 5,000 square feet of ground-floor retail space with frontage along West 47th Street. Silverback was brought onto the project by Hopson Development Holdings, which purchased the rectangular parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Structure Tech New York and Cauldwell Wingate are in charge of building the project, which is located between Lexington and Third Avenues.

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