The affordable housing lottery has launched for 130 Hope Street, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by J Frankl Associates and Charles Mallea Architect and developed by Solomon Schwimmer under the Hope-Keap Owner LLC, the structure yields 143 residences, 72 parking spaces, and 740 square feet of commercial space. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $100,252 to $215,150.
Demolition is wrapping up at 1357 Second Avenue, the site of a 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by The Chetrit Group, which purchased the property for $47.2 million in 2018, the 230-foot-tall structure will yield 54 apartments spread across 150,000 square feet and 5,700 square feet of commercial space. The development also includes a four-story, 40-foot-tall annex that will yield an additional inventory of affordable housing units. CF East 72 Owner LLC is the owner and RIG Kingland Services is the general contractor for the project, which is located at the corner of Second Avenue and East 72nd Street.
Full permits have been filed for a 52-story mixed-use skyscraper at 589 Fulton Street in Downtown Brooklyn. Bound by Fulton Street, DeKalb Avenue, and Flatbush Avenue, the lot is steps from the Dekalb Avenue subway station, serviced by the B, Q and R trains. The Witkoff Group is listed as the owner behind the applications.
Excavation is underway for the new Rolex headquarters, a 28-story commercial building at 665 Fifth Avenue in Midtown. Designed by David Chipperfield Architects and developed by the Rolex Realty Company, the 419-foot-tall structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. Pavarini McGovern is the general contractor for the project, which is located at the corner of Fifth Avenue and East 53rd Street.
The second and final phase of The Mint is on track to debut this spring at 84 Monroe Street in Rahway, New Jersey. Developed in partnership by Fields Grade and The Slokker Group and designed by Minno Wasko Architects and Planners, the two-building property will eventually comprise 225 rental apartments.