The Domain Companies has launched an affordable housing lottery for apartments at The Estela, a two-building rental complex in the Mott Haven section of the South Bronx. Located at 414 and 445 Gerard Avenue, the property contains a mix of 380 market-rate units, 164 affordable apartments, 35,000 square feet of tenant amenities, and about 9,000 square feet of ground-floor retail space, which will include a grocery store.
Excavation is in full swing at 18 West 55th Street, the site of a forthcoming 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,084 square feet with 97 rental units spread across 127,909 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.
Maynooth Holdings has won approvals to construct a mixed-use rental building at 132 Halstead Avenue in Westchester County. When complete, the four-story building in Harrison will contain a mix of ground-floor commercial space, a parking garage, 12 apartments, and a small collection of amenities.
Permits have been filed for a nine-story mixed-use building at 43-05 Crescent Street in Long Island City, Queens. Located between 43rd Avenue and 44th Road, the lot is near the Queensboro Plaza subway station, serviced by the 7, N, and W trains. Weitao Shi of Central Realty LIC is listed as the owner behind the applications.
Construction has topped out on 360 Bowery, a 22-story commercial building in Noho, Manhattan. Designed by Morris Adjmi Architects and developed by AECOM-Canyon Partners under the ACEF-CBSKI 360 Bowery LLC, the 275-foot-tall structure will yield 112,617 square feet with 72,151 square feet of office space, 26,637 square feet of community facility space, and a cellar. SK Development of CBSK Ironstate are the owners, Ancora Engineering was the engineer of record for the excavation, and CM & Associates is the general contractor for the property, which is located at the corner of Bowery and East 4th Street.