Downtown


56 Fulton Street

Housing Lottery Launches for 60 Fulton Street in Manhattan’s Financial District

The affordable housing lottery has launched for 60 Fulton Street, a 23-story mixed-use building at 54-56 Fulton Street in Manhattan’s Financial District. Designed by Hill West Architects and developed by Parkland Group and Socius Development Group, the structure yields 120 residences. Available on NYC Housing Connect is a waiting list to fill four current and ongoing vacancies for the 30 affordable units allotted to residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $24,378 to $187,330.

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Construction Progresses on 107 Mott Street in Chinatown, Manhattan

Construction is progressing on 107 Mott Street, an eight-story residential building in Chinatown, Manhattan. Designed by Group Projects Architecture and developed by 107 Mott Street Realty LLC, the 74-foot-tall structure will span 9,958 square feet and yield 11 units with an average scope of 771 square feet, as well as 1,470 square feet of ground-floor retail space, a cellar level, and a 40-foot-long rear yard. The property is located on an interior lot between Canal and Hester Streets.

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Rendering of the new Kimlau Square in Chinatown

New York State Awards $20M to Finance 11 Community Improvement Projects in Chinatown, Manhattan

Manhattan’s Chinatown neighborhood is the latest recipient of a $20 million award from New York State’s Downtown Revitalization Initiative, an economic development program led by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA. The award will support 11 projects across the neighborhood that will improve streetscape connectivity and support the creation of new public gathering spaces, community facilities, and public artworks.

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Construction Breaks Ground at 14 White Street in Tribeca, Manhattan

Excavation has begun at 14 White Street, the site of a seven-story residential building in the Tribeca East Historic District. Designed in collaboration between NAVA and DXA Studios and developed by 14 White Street Property Owner LLC, the 30,000-square-foot structure will yield ten condominium units ranging from 1,200-square-foot two-bedroom homes to four-bedroom layouts spanning 4,000 square feet. Central is the general contractor for the property, which is bound by White Street to the south and Sixth Avenue to the east.

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