Mixed-Use

2633 Ocean Avenue Apartments

Housing Lottery Launches for 2633 Ocean Avenue in Sheepshead Bay, Brooklyn

The affordable housing lottery is open for 2633 Ocean Avenue Apartments, an eight-story mixed-use development at 2633 Ocean Avenue in Sheepshead Bay, Brooklyn. The 53,304-square-foot corner building is designed by Zproekt Architects and developed by Michael Lilikakis, and will yield a total 60 units in a mix of studios and one- and two-bedroom units. Available on NYC Housing Connect are 18 apartments for residents at 130 percent of the area median income, ranging in eligible income from $56,572 to $159,640.

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52 4th Avenue in Boerum Hill, Brooklyn

Permits Filed for 52 4th Avenue in Boerum Hill, Brooklyn

Permits have been filed for a nine-story mixed-use building at 52 4th Avenue in Boerum Hill, Brooklyn. Located at the intersection of Dean Street and 4th Avenue, the corner lot is one block from the Atlantic Avenue/Barclays Center subway station, serviced by the 2, 3, 4, 5, B, D, N, Q, and R trains. RJ 4th Avenue LLC is listed as the owner behind the applications.

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Excavation Begins at 141 East 47th Street in Midtown East

Excavation is underway at 141 East 47th Street, the site of a 35-story residential tower in Midtown East. The 183,310-square-foot project is designed by Ismael Leyva Architects and developed by Silverback Development. The latter was brought on by Hopson Development Holdings, which purchased the parcel for $115 million in December 2019 from the original developers, New Empire Real Estate. Located between Park Avenue and Lexington Avenue, the development is set to yield 200 units and cost $250 million.

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267 West 126th Street

Mixed-Use Balton Commons Brings Affordable Housing to 267 West 126th Street in Harlem

Last week, private equity real estate fund manager Red Stone Equity Partners celebrated the closing of financing for Balton Commons, a $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem, Manhattan. Developed in partnership with Lemor Development Group and Apex Building Group, the seven-story building will have 4,500 square feet of tech incubator space managed by non-profit Silicon Harlem, 1,200 square feet of ground-floor commercial space, 1,350 square feet of community facility space, and 37 residential units dedicated to mixed-income affordable housing for residents between 30 and 90 percent of the area median income.

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12 East 48th Street’s Curtain Wall Assembly Wraps Up Installation in Midtown East

The final exterior touches are underway on 12 East 48th Street, a 367-foot-tall hotel tower in Midtown East. Designed by Handel Architects and developed by Hidrock Realty, the property is set to house a 161-room, 125,000-square-foot Hilton Grand Vacation Hotel. DeSimone Consulting Engineers is the structural engineer, The Rinaldi Group is the general contractor, and IBA Consulting & Engineering, PLLC is the envelope consultant for the building, which is located between Madison Avenue and Fifth Avenue.

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