The Yonkers Industrial Development Agency has issued preliminary approval of financial incentives for a new multifamily residential building to be constructed on three adjoining lots located at 325, 335, and 337 South Broadway in Yonkers. The project is being developed by Urban Builders Collaborative, a New York City-based company. When complete, it will yield 185 affordable apartments in studio to three-bedroom configurations.
The affordable housing lottery has launched for Lumen LIC, a 67-story residential skyscraper at 23-15 44th Road in Long Island City, Queens. LUMEN LIC is designed by Hill West Architects and developed by FSA Capital. Available on NYC Housing Connect are 282 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,515 to $250,380.
The affordable housing lottery has launched for 822 60th Street, a six-story mixed-use building in Sunset Park, Brooklyn. Designed by S M Tam Architect and developed by Lee Continuum Management, the structure yields eight residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $112,526 to $250,380.
Construction has risen past the halfway mark on 16 Fifth Avenue, a 19-story residential building in Greenwich Village, Manhattan. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominium units. The property is located on an interior lot between East 8th and East 9th Streets, just north of Washington Square Park.
Construction is complete on Journal Square Urby, a 25-story residential tower at 532 Summit Avenue in Jersey City, New Jersey. Designed by HLW Architects and Concrete Amsterdam and developed by Urby, Panepinto Properties, and Kimmel,…
