As Mayor Bill de Blasio’s affordable housing plan kicks into high gear, more developers are pushing through big, subsidized rental projects in the outer boroughs. Today we’ve got a look at a two-building, 14-story development planned for a forlorn, industrial area of the South Bronx.
New renderings have been revealed of the redesigned eight-story, 22-unit mixed-use project under development at 75 First Avenue, located between East Fourth and Fifth streets in the East Village. The project’s developer, Colonnade Group, is expecting the building’s condominiums to sell for a combined $42 million, The Real Deal reported. The latest building permits indicate the structure will encompass 30,058 square feet and rise 80 feet to its main roof.
A Long Island City-based property owner has filed applications for a three-story, six-unit residential building at 34-31 9th Street, located in the western end of Astoria. The project will measure 5,787 square feet, which means its residential units should average 965 square feet apiece. There will be four off-street parking spaces, two of which will be housed in a garage on the ground floor. Constantine Efstathiou’s Bellmore, N.Y.-based firm is the architect of record. The 50-foot-wide, 5,009-square-foot plot is partly occupied by a three-story townhouse. The new structure will rise on the vacant portion of the lot.
Brooklyn-based Ethemo Management has filed applications for a three-story, three-unit residential project at 1680 58th Street, in southern Borough Park. The new building will measure 9,200 square feet and its full-floor residential units should average a spacious 2,297 square feet apiece, indicative of apartments with family-sized configurations. There will also be one off-street parking space. Brooklyn-based Gee 2000 Architect is the architect of record. The 40-foot-wide, 4,006-square-foot lot is occupied by a two-story house. Demolition permits have not been filed.