The affordable housing lottery has launched for The Lois, an eight-story mixed-use building at 350 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. Designed by CetraRuddy Architecture and developed by The Hudson Companies, the structure yields 250 residences. Available on NYC Housing Connect are 52 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,149 to $192,400.
Permits have been filed for two eight-story mixed-use buildings at 2767-2777 Atlantic Avenue in Cypress Hills, Brooklyn. Located between Miller Avenue and Van Siclen Avenue, the adjacent lots are one block south of the Van Siclen Avenue subway station, serviced by the J and Z trains. Michael Rosenberg of Urbane Management Team Inc is listed as the owner behind the applications.
The new glass curtain wall continues to rise up the sides of 660 Fifth Avenue, a 39-story commercial building in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Brookfield Properties, the project involves interior renovations and the complete re-cladding of the 1957 office tower originally designed by Carson & Lundin. 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.
Construction has topped out on 450 Eleventh Avenue, a 51-story Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall skyscraper will yield 379 guest rooms as well as a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace. Atria Builders LLC is the general contractor for the Midtown, Manhattan property, which is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center. Construction is expected to cost around $368 million.
Kushner Real Estate Group has completed phase two of Bay 151, a new rental property in Bayonne, New Jersey, where leasing is now underway. This phase of leasing introduces an additional 213 rentals to the residential community and an expansion of available amenity spaces.