The affordable housing lottery has launched for 5-22 49th Avenue, a five-story residential building in Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the structure yields 15 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $111,532 to $218,010.
Construction has surpassed the halfway mark on 520 Fifth Avenue, an 88-story residential supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 1,002-foot-tall structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, boutique office floors, a private members only club called Moss, and four cellar levels. The project is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.
Demolition is getting underway at 85 4th Avenue, the site of a 12-story mixed-use building in Park Slope, Brooklyn. James Shannon of Strekte Corp. is listed as the architect of record and Harry Einhorn under the 85 4th Avenue LLC is listed as the owner in permit applications filed in October 2019 for the 125-foot-tall structure, which will span 176,757 square feet and yield 193 residential units with an average scope of 647 square feet, as well as 5,415 square feet of commercial space, 1,996 square feet of community facility space, a cellar level, and 79 enclosed parking spaces. The property stretches from St. Mark’s Place to the north and Warren Street to the south.
New renderings have been revealed for a new multifamily residential building at 29-15 40th Road in Long Island City, Queens. The project, which is being led by SB Development, will stand 12 stories tall when complete and was designed by Fogarty Finger Architects.
Permits have been filed for an eight-story mixed-use building with affordable housing at 509 West 48th Street in Hell’s Kitchen, Manhattan. Located between 10th and 11th Avenues, the lot is closest to the 50th Street subway station, serviced by the C and E trains. Douglaston Development is listed as the owner behind the applications.
