The affordable housing lottery has launched for 208 East Mosholu Parkway South, an eight-story mixed-use building in Bedford Park, The Bronx. Designed by Badaly Architects, the structure yields 19 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,640 to $181,740.
Permits have been filed for a four-story residential building at 1690 Monroe Avenue in Claremont, The Bronx. Located between East 173rd Street and East 174th Street, the lot is near the 174-175 Streets subway station, serviced by the B and D trains. Nikolin Vorfi of N2 Construction Corp. is listed as the owner behind the applications.
Construction has topped out on 1491-1493 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed and built by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner of the property, which is located at the southwestern corner of First Avenue and East 78th Street.
Brookfield Properties recently secured a $750 million long-term loan extension for One Liberty Plaza, a 54-story office skyscraper at 165 Broadway in Manhattan‘s Financial District. The loan was provided by a collection of lenders, including Morgan Stanley.
The affordable housing lottery has launched for Hanover House, a 34-story residential building at 15 Hanover Place in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, the structure yields 314 residences. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $113,726 to $218,010.
