BLDG Management Company has officially launched leasing at Stella LES, a new rental property at 251 East 2nd Street in the East Village, Manhattan. Designed by Rotwein + Blake Architects, the ten-story property houses 44 one- and two-bedroom apartments, many offering private balconies and terrace spaces.
The affordable housing lottery has launched for 103-43 120th Street, a six-story residential building in South Richmond Hill, Queens. The 8,580-square-foot development was designed by Lu Ning Architecture, and yields ten affordable housing units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,680 to $139,620.
This week Governor Andrew M. Cuomo released new reconstruction options for revitalizing Pennsylvania Station in Midtown, as part of the proposed Empire Station Complex. The initiative is a massive undertaking by the Metropolitan Transportation Authority, Amtrak, and NJ Transit to unify all three concourses into a fresh and modern space with FXCollaborative and WSP handling design. The existing Penn Station served 600,000 passengers daily and the redesign will accommodate the future influx of customers using both the existing Penn Station and the upcoming Penn Station expansion. The state projects ridership to grow to 830,000 daily users in 2038, about 54 percent of whom will be MTA customers using LIRR, Metro-North, and the subway, and 42 percent to be NJ Transit customers, with remaining four percent to be Amtrak customers.
Façade work is progressing on the topped-out superstructure of “Parcel G,” a 34-story tower in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, the building will yield 443 residential units, of which a portion will be dedicated to affordable housing, as well as a lower-level community facility for Flux Factory and for kayak rentals. The site is located by the intersection of 2nd Street and 56th Avenue.
Exterior work is progressing on 165 Lexington Avenue, an 11-story residential building in Kips Bay, Manhattan. Designed by Isaac & Stern Architects and developed Brooklyn North Capital and Riverbrook Equities, the 58,630-square-foot structure will yield 43 condominium units in studio to two-bedroom layouts, averaging 918 square feet. DNArc Design Studio is in charge of the interiors and The Serhant Team and Nestseekers International are responsible for sales and marketing for the property, which is situated along Lexington Avenue between East 30th and 31st Streets.
