The affordable housing lottery is now open for Roosevelt Parc, a 15-story mixed-use development at 37-46 72nd Street in Jackson Heights, Queens. Developed by partners Werber Real Estate and Socius Development Group and designed by Marvel Architects, the building yields a total 154 units in a mix of studios, one-, two-, three-, and four-bedroom units. Available on NYC Housing Connect are 34 apartments for residents at 130 percent of the area median income, ranging in eligible income from $38,435 to $183,300.
Socius Development Group
The blocks of Jackson Heights offer some the densest real estate in Queens outside of its most urban cores like Long Island City and Jamaica, and today, we have the reveal for another new project coming to the neighborhood. YIMBY last reported on 71-17 Roosevelt Avenue back in December of 2014, when initial new building applications were filed, but now we have an update on the design and the development team, comprised of Scott Aaron’s Socius Development, and Werber Real Estate.
Construction has topped out on the 23-story, 120-unit mixed-use building under development at 56 Fulton Street, located on the corner of Cliff Street in the Financial District. Progress on the structure, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the 128,540-square-foot tower stands 237 feet to its main roof, or 272 feet to the top of its bulkhead. There will be 5,865 square feet of retail space on the ground floor, followed by rental apartments, averaging 797 square feet apiece. Twenty percent of the apartments, or 24 units, will rent at below-market rates through the affordable housing lottery. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is behind the design and completion is expected next year.
The 23-story, 120-unit mixed-use building under development at 56 Fulton Street, in the Financial District, is now a floor away from topping out. The structure can be seen in a photo posted to the YIMBY Forums. The project will eventually encompass 128,540 square feet. It will feature 5,865 square feet of ground-floor retail space, followed by 120 rental apartments. The units will range from studios to two-bedrooms, twenty percent (24 units) of which will rent through the affordable housing lottery. The Parkland Group and Socius Development Group are developing. Goldstein, Hill, & West Architects are behind the architecture. Completion is expected next year.
Since rising above street level in March of 2016, the 23-story, 120-unit mixed-use project under development at 56 Fulton Street, on the corner of Cliff Street in the Financial District, has grown to 10 stories. The construction progress can be seen thanks to a photo taken by Tectonic. The 128,540-square-foot tower will eventually host 5,865 square feet of ground-floor retail space and 120 rental apartments, ranging from 450-square-foot studios to 1,250-square-foot two-bedrooms. Twenty percent of them, or 24 units, will rent at below-market rates through the housing lottery. Amenities include storage for 61 bikes, a fitness center, laundry facilities, a lounge, a dining room for events, a game room, and an outdoor terrace on the 23rd floor. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is the design architect, with Andrés Escobar designing the interiors. Completion can probably be expected in early 2017.