Render of Warburton Avenue Apartments, courtesy of Thompson & Bender

Yonkers IDA Approves Incentives For Senior Housing Building at 322 Warburton Avenue in Warburton-Ravine

The Yonkers Industrial Development Agency has given its final approval for financial incentives to support the construction of Warburton Avenue Apartments, a six-story senior affordable housing building at 322 Warburton Avenue in Warburton-Ravine, Yonkers. Developed in collaboration by local non-profit the Center for Urban Rehabilitation and Empowerment Inc., Conifer Realty LLC, and the City of Yonkers, the $53.3 million project will yield 93 units affordable senior housing units. The property is located at the intersection of Warburton Avenue and Point Street.

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Affordable Housing Lottery Launches for 1819 Sedgwick Avenue in Morris Heights, The Bronx

The affordable housing lottery has launched for 1819 Sedgwick Avenue, a five-story residential building in Morris Heights, The Bronx. Designed by Bahary Architecture and developed by Gabriel & Juliet Inc., the structure yields nine residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $110,880 to $227,630.

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Warren Street Hotel Wraps Up Construction At 86 Warren Street in Tribeca, Manhattan 

Construction is complete on the Warren Street Hotel, an 11-story building that celebrated its grand opening yesterday at 86 Warren Street in Tribeca. Designed by Paul Taylor with Stonehill Taylor and developed by Firmdale on a land lease from Solil Management, the 135-foot-tall structure spans 44,000 square feet and yields 69 guest rooms operated by Firmdale Hotels, as well as the 150-seat Warren Bar and Restaurant, a drawing room, an orangery, and a private event space. Pavarini McGovern was the general contractor and Kit Kemp was the interior designer for the ground-up project, which stands on the former site of an open-air parking lot between Greenwich Street and West Broadway.

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