Residential

405, 407 West 206th Street Rise Past Halfway Mark in Inwood, Manhattan

Construction is rising above the halfway mark on 405 and 407 West 206th Street, a sprawling two-tower mixed-use project in Inwood, Manhattan. Designed by Beyer Blinder Belle in a joint with the LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners, the 751,687-square-foot structures consist of 14- and 17-story volumes standing 140 and 175 feet tall and will yield 700 rental units with 281 dedicated to affordable housing, as well as a supermarket under the city of New York’s Food Retail Expansion to Support Health Program program and an immigrant-centered performing arts center owned and operated by the People’s Theatre Project. Inwood Lot 9 Development Associates LLC is the owner, Community League of the Heights is the community sponsor, and Chatsworth Builders is the general contractor for the $416 million project, which is bound by West 206th and West 207th Streets and Ninth Avenue.

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Street view of Rheingold Senior Residences - Renderings by Nightnurse Images courtesy of Magnusson Architecture and Planning

Housing Lottery Launches for Rheingold Senior Residences at 15 Montieth Street in Bushwick, Brooklyn

The affordable housing lottery has launched for Rheingold Senior Residences, a nine-story residential buildings at 15 Montieth Street in Bushwick, Brooklyn. Designed by Magnusson Architecture and Planning and developed by Southside United HDFC, the structure yields 94 residences. Available on NYC Housing Connect are 65 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $63,550.

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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Foundations Underway for 64-Story Skyscraper at 111 Washington Street in Financial District, Manhattan

Foundation work is underway at 111 Washington Street, the site of a 64-story residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project last summer, the 712-foot-tall structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets, south of the nearby World Trade Center complex.

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