The affordable housing lottery has launched for 266 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the structure yields 171 residences. Available on NYC Housing Connect are 52 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $40,526 to $198,250.
Tribeca Investment Group, PGIM Real Estate, and Meadow Partners have announced a lease agreement with global litigation firm Quinn Emanuel Urquhart & Sullivan, LLP for a 132,000-square-foot space at the fully renovated 295 Fifth Avenue in Midtown South, Manhattan. This relocation marks one of the largest relocations of 2023 in the surrounding area and reflects a trend of traditional industries filling the leasing gap left by technology firms in the neighborhood. CBRE helped facilitate the transaction on behalf of ownership and represented Quinn in the leasing agreement.
The New York City Landmarks Preservation Commission is set to review an $8.66 million reconstruction project for Dinosaur Playground in Riverside Park on Tuesday, November 28. Led by Stephen Whitehouse of Starr Whitehouse, this initiative aims to transform the playground situated between West 96th and West 98th Streets along Riverside Drive on Manhattan‘s Upper West Side.
The affordable housing lottery has launched for 703 West 171st Street, a nine-story residential building in Washington Heights, Manhattan. Designed by Sasaki & Spade Architects, the structure yields 11 residences. Available on NYC Housing Connect are three units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $42,720 to $91,500.
Construction is continuing on The Greenwich, an 88-story residential skyscraper at 125 Greenwich Street in Manhattan’s Financial District. Designed by Rafael Viñoly Architects and developed by Fortress Investment Group, Bilgili, and Bizzi & Partners, the 912-foot-tall structure will yield 273 condominium units designed by March & White (MAWD) and marketed by Douglas Elliman Marketing Development, which is aiming to launch sales later this fall. Homes will range from studios to three-bedroom layouts with pricing starting at $1.15 million. Time Square Construction and Plaza Construction are the general contractors for the property, which is located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.
