The affordable housing lottery has launched for 420 Gates Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Z Architecture and developed by Tower Real Estate Investments, the six-story mixed-use building yields 44 residential units. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $167,570.
Construction has topped out on 540 Waverly Avenue, a nine-story mixed-use building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by The Daten Group, the 117,000-square-foot structure will yield 135 rental apartments spread across 91,000 square feet, including 40 units reserved for affordable housing, as well 6,000 square feet of ground-floor retail and a 56-vehicle parking garage. The property is located at the corner of Atlantic and Waverly Avenues.
The affordable housing lottery has launched for 428 Wythe Avenue, a six-story mixed-use development in Williamsburg, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Vision Development, the building yields 37 residential units and eight commercial spaces. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $88,389 to $192,400.
Construction is wrapping up on Maverick, a pair of architecturally identical and adjoining 20-story residential buildings at 215 West 28th Street in Chelsea. Designed by DXA Studio and developed by HAP Investments, the twin 250-foot-tall structures yield a combined 162,834 square feet and 87 condominium units, as well as 20,000 square feet of ground-floor retail space. Douglas Elliman Development Marketing and Fredrik Eklund’s and John Gomes’ Eklund | Gomes team are responsible for sales and marketing for the residences, with Alex Lundqvist as the sales director in charge. Available one-bedrooms start at $1.3 million and two-bedrooms at $1.995 million, with prices for three- and four-bedroom residences available upon request. The property is located between Seventh and Eighth Avenues.
Construction is set to go vertical at 595 Dean Street, the site of a two-building development in the Pacific Park complex in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the project will yield a total of 800 residential units, 72,600 square feet of public open space, ground-floor retail, 455 underground parking spaces, and a Chelsea Piers Field House, the first in Brooklyn. The site is bound by Pacific Street to the north, 550 Vanderbilt Avenue to the east, 535 Carlton Apartments to the west, and Dean Street to the south.
