The affordable housing lottery has launched for The Clairemont, a 14-story mixed-use building at 26-04 Jackson Ave in Long Island City, Queens. Designed by Kao Hwa Lee Architects and developed by CW Realty, the structure yields 82 residences. Available on NYC Housing Connect are 25 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,875 to $218,010.
Permits have been filed for a four-story residential building at 92 Stanhope Street in Bushwick, Brooklyn. Located between Evergreen Avenue and Central Avenue, the lot is near the Central Avenue subway station, serviced by the M train. John Rubino is listed as the owner behind the applications.
Façade installation is progressing on 625 Fulton Street, a 35-story mixed-use skyscraper in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 rental units, 26,000 square feet of retail space on the lower levels, and an on-site parking garage for 250 vehicles. The property is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.
Sales have officially launched at 720 West End Avenue, a new residential property located on Manhattan’s Upper West Side. The development, led by Glacier Equities and InterVest Capital Partners, transforms a 1927 Emery Roth-designed pre-war building into 131 contemporary residences. Units in the property are priced from approximately $1 million to over $12 million.
The affordable housing lottery has launched for 2915 Albemarle Road, a seven-story mixed-use building in Flatbush, Brooklyn. Designed by NA Design Studio and developed by Candor Capital One, the structure yields 17 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $111,532 to $181,740.
