Fetner Properties and Lions Group have closed on a $95 million construction loan to complete a new high-rise residential tower at 27-01 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects, the building will top out at 27 stories and comprise just over 151,000 square feet.
The affordable housing lottery has launched for 101 West End Avenue, a 35-story residential building on the Upper West Side of Manhattan. Designed by SLCE Architects and developed by The Dermot Company, the structure was built in 1999 and yields 498 residences. Available on NYC Housing Connect are 26 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,200 to $167,570.
Excavation has finally begun at 262 Fifth Avenue, the site of a long-planned 1,011-foot-tall residential supertall skyscraper in NoMad. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the project, which is located at the corner of Fifth Avenue and West 29th Street.
Permits have been filed for a 43-story mixed-use tower at 356 Fulton Street in Downtown Brooklyn. Located at the intersection of Fulton Street and Red Hook Lane, the lot is one block from the Jay Street-MetroTech subway station, serviced by the A, C, and F trains. Jeff Mongno of The Feil Organization is listed as the owner behind the applications.
555 West 38th Street stands topped out as a 570-foot-tall residential skyscraper in Midtown, Manhattan’s Hudson Yards. Developed by Rockrose and designed by Pelli Clarke Pelli Architects with SLCE as the architect of record, the 52-story reinforced concrete structure will yield a total of 598 rental units. Site C GC LLC is stated on the construction board as the general contractor for the project, which is located along Eleventh Avenue between West 38th Street and West 39th Street, and sits directly across from the Jacob K. Javits Center.