Residential

Aerial rendering of the new Penn Station

New York City Approves Contract for $7 Billion Penn Station Redesign in Midtown, Manhattan

The Metropolitan Transportation Authority, in partnership with NJ Transit and Amtrak, approved a contract for the redesign of Penn Station, a project that could cost the city $7 billion. The joint venture project team includes architect of record FXCollaborative, global engineering firm WSP, and British design studio John McAslan and Partners which will serve as a design consultant.

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Housing Lottery Launches for 153 Erasmus Street in Flatbush, Brooklyn

The affordable housing lottery has launched for 153 Erasmus Street, a four-story residential building in Flatbush, Brooklyn. Designed by Oleg Ruditser, the structure yields 22 residences and 11 parking spaces. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $156,130.

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50-07 5th Street’s Topped-Out Superstructure Progresses in Long Island City, Queens

Exterior work is progressing on 50-07 5th Street, a six-story residential building in Long Island City, Queens. Developed by 5007-5009 Development LLC, the structure is being built by BK Builders LLC on a plot between 50th and 51st Avenues with the East River waterfront to the west and the more dense downtown area to the east. Many details for the project remain unknown, including the architect, the exact unit count, and potential amenities.

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Rendering of the Sendero Verde complex in East Harlem

Sendero Verde’s 34-Story Second Phase Progresses at 50 East 112th Street in East Harlem, Manhattan

Construction has passed the halfway point on 50 East 112th Street, the tallest tower in the Sendero Verde mixed-use complex in East Harlem, Manhattan. Designed by Handel Architects and developed by Jonathan Rose Companies, L+M Development Partners, and Acacia Network, the 34-story tower represents the second phase of construction and will yield 361 permanently affordable rental units for low- to moderate-income families and the formerly homeless. The edifice is rising directly to the west of the completed first phase, which encompasses a 15-story tower at 60 East 112th Street and a ten-story structure at 75 East 111th Street. The latest tower will span 395,000 square feet, making it the largest affordable Passive House development in the world. L&M Builders Group is the general contractor for the property, which is located at the corner of East 112th Street and Madison Avenue.

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