The affordable housing lottery has launched for 378 Weirfield Street, a five-story residential building in Bushwick, Brooklyn. Designed by Aufgang Architects and developed by The Horizon Group, the structure yields 39 residences. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $187,330.
Construction is complete on The West, a 12-story mixed-use building at 547 West 47th Street in Hell’s Kitchen. Designed by Concrete and StoneCycling and developed by CB Developers, SK Development, and Ironstate Development, the 201,000-square-foot structure yields 219 residential units ranging from studio to two-bedroom layouts as well as a 40,000-square-foot ground-floor Cadillac dealership. Corcoran Sunshine Marketing Group is handling sales and marketing, and CM & Associates Construction Management served as the general contractor for the property, which is bound by Eleventh Avenue to the west, West 47th Street to the south, and West 48th Street to the north.
Construction is progressing on 601 Baltic Street, a topped-out ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot structure will yield 25 condominium units spread across 22,659 square feet as well as 1,654 square feet of ground-floor retail space. Built By Grid is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.
The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.
Permits have been filed for a seven-story residential building at 436 Union Avenue in Williamsburg, Brooklyn. Located between Metropolitan Avenue and Devoe Street, the lot is steps from the Metropolitan Avenue subway station, serviced by the G train. Yisroel Greenfeld is listed as the owner behind the applications.