Earlier this week, Fisher Brothers and Rockwell Group announced the completion of a major renovation project at 299 Park Avenue in Midtown East, Manhattan. The $20 million project included the installation of the 60-foot-long Living Canvas, a digital LED display that changes throughout the day and gradually over time.
The housing lottery is now open for Nehemiah Spring Creek, two separate residential developments in East New York, Brooklyn. Developed by Nehemiah Housing Development Fund Company, a non-profit housing affiliate for East Brooklyn Congregations in partnership with Monadnock Development, the buildings in this phase yield a total 214 rentals in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are the 214 apartments for residents with an eligible income between $18,618 to $126,900, ranging from 30 to 90 percent of the Area Median Income (AMI). The structures are part of a 45-acre development plan that brings a mix of retail, affordable apartment rentals, and townhouse home ownership.
An Environmental Assessment Statement released by the NYC Department of City Planning reveals how proposals to rezone Manhattan’s SoHo and NoHo neighborhoods could permanently alter the area. The actions aim to expand allowable residential density for multifamily buildings, spur the construction of income-restricted and permanently affordable housing, and increase available community facilities. If approved, the upzone could spur the development of more than 3,200 new apartment units, 108,000 gross square feet of retail space, and 35,000 square feet of community facilities. Estimates for residential development include up to 940 affordable apartment units.
Excavation has commenced at 561 Greenwich Street, the site of a 19-story, 260,000-square-foot commercial building in Hudson Square. Designed by COOKFOX Architects, the project will add 199,353 square feet of office space to the rapidly changing neighborhood. Hines is serving as development manager and Trinity Church Wall Street is listed as the owner on permits filed last November. The site is bound by Greenwich Street Street to the west, King Street to the north, and Charlton Street to the south.
Permits have been filed for a four-story residential building at 1009 Nelson Avenue in Highbridge, The Bronx. Located between West 164th Street and West 165th Street, the lot is closest to the 167th Street subway station, serviced by the 4 train. Shaya Seidenfeld of MZS Realty is listed as the owner behind the applications.
