The affordable housing lottery has launched for 1640 Flatbush Avenue, a 13-story mixed-use building in East Midwood, Brooklyn. Designed by J Frankl Architects and developed by Bruman Realty, the structure yields 174 residences. Available on NYC Housing Connect are 45 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $31,612 to $218,010.
Permits have been filed for a nine-story mixed-use building at 96 Vermont Street in Cypress Hills, Brooklyn. Located between Fulton Street and Jamaica Avenue, the lot is near the Liberty Avenue subway station, serviced by the A and C trains. Aron Schwartz of ASCO Group is listed as the owner behind the applications.
Façade installation is about to begin on THE 74, a 32-story residential tower at 201 East 74th Street on Manhattan’s Upper East Side. Designed by Pelli Clarke & Partners with SLCE Architects as the architect of record and developed by Elad Group, which purchased the property for $61 million in April 2022, the 420-foot-tall structure will yield 42 condominium units and a collection of residential amenities. Units will include half-floor two- and three-bedroom units, full-floor four- and five-bedroom homes, a single free-standing townhome, and a duplex penthouse. The property is alternately addressed as 1299 Third Avenue and located on an interior lot facing Third Avenue with two small panhandle extensions to East 74th and East 75th Streets.
KS Group and Giga Holdings recently submitted project plans for 315 Mulberry Street in Newark, New Jersey. The plans were submitted to the city’s planning board for review. If approved, the project will become the city’s tallest residential development and span two towers. The plans were designed by INOA Architecture.
The affordable housing lottery has launched for 45-17 Davis Street, a 21-story residential building in Long Island City, Queens. Designed by MY Architect and developed by Tom Wu under Davis Street Development LLC, the structure yields 82 residences. Available on NYC Housing Connect are 37 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,875 to $218,010.
