Strategic advisory firm Geller & Co. has signed a new lease at 99 Park Avenue, a 26-story office tower owned and managed by Global Holdings in Midtown, Manhattan. Following the launch of a $30 million capital improvement program, the firm will relocate its New York headquarters from 909 Third Avenue to occupy 45,290 square feet across part of the ninth and tenth floors.
Permits have been filed for a six-story residential building at 1600 Lexington Avenue on Manhattan’s Upper East Side. Located between East 101st Street and East 102nd Street, the lot is one block south of the 103rd Street subway station, served by the 6 train. Peter Park is listed as the owner behind the applications.
Construction is nearing completion on 45-02 Queens Boulevard, an eight-story residential building in Sunnyside, Queens. Designed by My Architect PC and developed by Ampiera Group, the 83-foot-tall structure spans 57,771 square feet and will yield 63 rental units with an average scope of 781 square feet. The development will also feature 8,532 square feet of commercial space, 25 enclosed parking spaces, a cellar level, and a 47-foot-long rear yard. Thirteen of the residential units will be designated as affordable housing. The property is located on a 13,035-square-foot parcel at the corner of Queens Boulevard and 45th Street.
Mayor Eric Adams and Department of Social Services (DSS) Commissioner Molly Wasow Park recently celebrated the opening of a new affordable housing development at 4180 Carpenter Avenue in Wakefield, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the 64-unit building is the first created through the city’s Affordable Housing Services (AHS) initiative to prioritize women-led households. It supports residents with CityFHEPS vouchers and aims to provide long-term affordable housing for households transitioning out of the shelter system.
The affordable housing lottery has launched for Society Brooklyn at DeGraw, a 21-story residential building at 500 Degraw Street in Gowanus, Brooklyn. Designed by SLCE and developed by PMG & Carlyle, the structure yields 344 residences. Available on NYC Housing Connect are 88 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $33,086 to $167,700.
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