Mixed-Use

Housing Lottery Launches for 825 Dekalb Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 825 Dekalb Avenue, a seven-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by ARC Architecture + Design Studio and developed by Tomer Erlich, the structure yields 39 residences, 7,860 square feet of commercial space, and 20 open parking 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 $72,000 to $139,620.

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175 Park Avenue’s 1,575-Foot-Tall Design Gains Approval in Midtown East, Manhattan

At number one on our year-end countdown is Skidmore Owings & Merrill‘s mixed-use supertall at 175 Park Avenue in Midtown East, which earlier this month gained approval from the New York City Council. Developed by RXR Realty and TF Cornerstone, the 85-story tower has been reduced in height from 1,642 to 1,575 feet, still enough to surpass Central Park Tower for the title of tallest building in New York by roof height. 175 Park Avenue will eventually rise from the site of the Grand Hyatt hotel between the 108-year-old Beaux Arts Grand Central Terminal and the 91-year-old Art Deco Chrysler Building. The structure will yield 2.1 million square feet of Class A office space; 500 Hyatt hotel rooms on the upper floors spanning 453,000 square feet; 10,000 square feet of retail space on the ground, cellar, and second levels; and an elevated, 25,000-square-foot publicly accessible plaza space populated with artwork and views overlooking the surrounding Midtown streets.

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Rendering of 250 Water Street - The Howard Hughes Corporation; SOM

Howard Hughes Corporation Awarded Final Approvals to Construct 250 Water Street in South Street Seaport, Manhattan

The Howard Hughes Corporation has received necessary approvals to construct a new 26-story mixed use development at 250 Water Street in South Street Seaport, Manhattan. Designed by Skidmore, Owings & Merrill (SOM), the tower will comprise a mix of market-rate and affordable rental apartments, an office component, retail space, and community facilities.

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