ArtBridge, in partnership with The Durst Organization, has revealed a 600-foot-long public mural and augmented reality experience along the edge of two rising developments at 20 and 30 Halletts Point in Astoria, Queens.
Local officials and developers recently celebrated the commencement of construction on Sutphin Senior Residence, a 15-story affordable housing property at 97-04 Sutphin Boulevard in Jamaica, Queens. Designed by Bernheimer Architecture and developed by affordable housing developer Breaking Ground, the building will yield 173 apartments reserved for low-income seniors, including 52 supportive housing units for formerly homeless older adults with serious mental illness or substance use disorder.
New Empire Corp. has begun construction at 58-01 Queens Boulevard, a large assemblage in Woodside, Queens, where a 12-story residential property will soon take shape. Designed by Tang Studio Architect, the 120-unit building was initially announced as a condominium building with units that range from studios up to two-bedroom units.
The Community Lending and Investment division of Wells Fargo has reached a new milestone, $780.3 million in construction financing for affordable housing projects in New York City and Westchester County. The figure represents five loans, all closed in June 2023, the company’s largest-ever half-cycle allocation.
Construction is now topped out at 27-09 40th Avenue, a six-story condominium property in Long Island City. The project team includes developers Gus Vorillas and Abdel Aziz Raouf, represented as 40th Ave Dutch Kills Realty LLC, and architect HCN Design & Consulting.
