Mixed-Use

Housing Lottery Launches for Trio at 27-19 Thomson Avenue in Long Island City, Queens

The affordable housing lottery has launched for Trio, a ten-story mixed-use building at 27-19 Thomson Avenue in Long Island City, Queens. Developed by Thomson Development, the structure yields 30 residences and 5,039 square feet of lower-level retail space. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $88,835 to $187,330.

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Rendering of 50 Sussex Avenue - INOA Architecture

Renderings Reveal 15-Story Mixed-Use Rental Tower at 50 Sussex Avenue in Newark, New Jersey

Renderings have been revealed for 50 Sussex Avenue, a 15-story building in Newark, New Jersey. Designed by 50 Sussex Avenue and developed by Tona Development, which won approvals to construct the project in 2021, the 150-foot-tall structure will yield 203 rental units and 2,000 square feet of commercial space. Available apartments will range from studio units up to two-bedroom floor plans.

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Leasing Launches for 30 Kent Street in Greenpoint, Brooklyn

Leasing launched this week for 30 Kent Street, a new waterfront mixed-use development in Greenpoint, Brooklyn. Developed by BNS Real Estate and Wonder Works Construction with design by Kutnicki Bernstein Architects, the 11-story building yields 80 residences and two ground-floor retail spaces. Development Marketing Team is handling marketing for the mix of studio, one-, and two-bedroom floorplans ranging from 400 to 1,100 square feet. Pricing starts at $3,200 per month, move-ins have already begun.

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425 Grand Concourse Completes Construction in Mott Haven, The Bronx

Construction is complete on 425 Grand Concourse, a 26-story mixed-use building in Mott Haven, The Bronx and one of the largest Passive House structures in the city. Designed by Dattner Architects and developed by Trinity Financial and MBD Community Housing Corporation, the 310,000-square-foot project yields 277 residential units, with 248 units for residents earning 30 to 130 percent of the area median income, as well as a supermarket, a community health center, a cultural center, and a 30,000-square-foot educational facility for CUNY’s Hostos Community College. Monadnock Construction served as the general contractor for the development, which is located between Grand Concourse to the east, East 144th Street to the south, Walton Avenue to the west, and Evelina Antonetty Playground and Hostos Community College to the immediate north.

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Excavation, Foundations Underway at 1 Park Row in Financial District, Manhattan

Demolition is complete and below-grade work has commenced at 1 Park Row, site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Los Angeles-based Parkview Financial last summer, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. Ancora Engineering is in charge of the support of excavation (S.O.E.) and foundations.

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