Façade work is progressing on Estela, a two-building residential complex at 414 and 445 Gerard Avenue in the South Bronx neighborhood of Mott Haven. Designed by S9 Architects and developed by The Domain Companies and The Vorea Group with financing from the Goldman Sachs Urban Investment Group, the $310 million project will yield 544 apartments, with 30 percent designated for affordable housing for households earning 80 to 130 percent of the area median income, as well as 10,000 square feet of retail space. Monadnock Construction is the general contractor for the property, which is bound by Exterior Street to the west, Walton Avenue to the east, East 146th Street to the north, East 144th Street to the south, and Gerard Avenue running north and south down the middle.
S9 Architecture & Engineering
Construction has topped out on the first phase of Bronx Point, a 22-story mixed-use building at 575 Exterior Street in the South Bronx. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects, and BronxWorks, the structure will yield 542 permanently affordable housing units in studio to three-bedroom layouts, all reserved for households and individuals earning between 30 to 120 percent of area median income, as well as for the formerly homeless. The edifice will also feature 56,000 square feet of community facility space, 12,000 square feet of retail space, and serve as the home of the Universal Hip Hop Museum. The building is the first to debut in the $349 million, 530,000-square-foot mixed-use master plan, which will bring 1,045 apartments and a 2.8-acre public green space next to Mill Pond Park designed by Marvel Architects and Abel Bainnson Butz. The property is located on a plot bound by the 145th Street bridge to the south, Exterior Street and the elevated Major Deegan Expressway to the east, and the Harlem River to the west.
Waldo is the latest company to join The Breeze, a 100,000-square-foot Class A office building in Bushwick, Brooklyn. The property is located at 315 Meserole Street and includes a 6,000-square-foot landscaped courtyard with outdoor seating, a 2,000-square-foot retail arcade titled ‘The Breezeway,” and a rooftop restaurant.
The affordable housing lottery has launched for 111 Varick Street, a 30-story residential building in Hudson Square, Manhattan. Designed by S9 Architecture with interiors by Chris Shao Studio and developed by Extended, the structure yields 100 residences in a mix of studio, one-, and two-bedroom layouts. Available on NYC Housing Connect are 30 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,343 to $167,570.
Permits have been filed for a seven-story mixed-use building with affordable housing at 504 West 49th Street in Midtown West, Manhattan. Located between 10th and 11th Avenues, the lot is two blocks west of the 50th Street subway station, serviced by the C and E trains. Joel Kolkmann of Douglaston Development is listed as the owner behind the applications. Permit details also specify this is a Department of Housing Preservation and Development project.