Douglaston Development is now welcoming the first wave of tenants at 2856 Webster Avenue, a 188-unit affordable housing property in The Bronx. Located in the Bedford Park neighborhood, all of the units are reserved for seniors earning up to 50 percent Area Median Income.
Construction is progressing on 341 West 38th Street, a 19-story residential building in the Garment District of Midtown, Manhattan. Designed by Stephen B. Jacobs Group and developed by Central Properties LLC, the project consists of the renovation and vertical expansion of an existing 12-story structure and the construction of a new addition on the narrow parcel to its east. The combined building will stand 212 feet tall and yield 112 units spread across 82,000 square feet, as well as a 7,300-square-foot cellar level. KSF Services is the general contractor for the property, which is located between Eighth and Ninth Avenues.
Construction is wrapping up on 96+Broadway, a 22-story residential building at 2551-2555 Broadway on Manhattan’s Upper West Side. Designed by Thomas Juul-Hansen with Stephen B. Jacobs Group as the architect of record and developed by Paragon JV Properties III, the 235-foot-tall structure yields 276,578 square feet and 130 condominium units with an average scope of 1,660 square feet, as well as 9,080 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the property, which is located at the corner of Broadway and West 96th Street.
Construction is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management, the 850-foot-tall structure yields 121 units with sales and marketing led by Corcoran Sunshine Marketing Group. Stephen B. Jacobs Group is the architect of record and Lendlease is the general contractor for the property, which is located between Sutton Place South and First Avenue.
The affordable housing lottery has launched for 2850 Webster Avenue Senior Apartments, a 12-story mixed-use building in Jerome Park, The Bronx. 2856 Webster Avenue and sister development 410 Bedford Park Boulevard are located on an acre-plus piece of land owned by The New York Botanical Garden situated on the southeast corner of Webster Avenue and Bedford Park Boulevard, located in Bronx Community District 7. Designed by Stephen B. Jacobs Group and developed by Douglaston Development, the structure yields 189 residences. Available on NYC Housing Connect are 130 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $60,050.
