Demolition preparations have begun at 266 West 96th Street, the site of a 23-story residential building on Manhattan’s Upper West Side. Developed by Fetner Properties, the structure is planned to yield 171 apartments, with 91 regular-sized homes and 80 micro units marketed to seniors ranging from 290 to 340 square feet each. Sixty-eight apartments would be allocated toward permanent affordable housing, while all residents would be provided free amenity access that includes a health club. The site is located between Broadway and West End Avenue.
This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower stands 754 feet tall and comprises 704 residences.
Avery Hall Investments has unveiled plans for a mixed-use project addressed as 272 4th Avenue on the border of Gowanus and Park Slope in Brooklyn. The Brooklyn-based developer is also responsible for the design of the 130,000-square-foot development at the corner of 4th Avenue and Carroll Street, and recently increased the site assemblage with a $5.3 million purchase of 274 4th Avenue and 538 Carroll Street.
Today’s housing lottery round-up features eight buildings in Brooklyn, Queens, and Manhattan with available affordable units on Housing Connect with deadlines closing within the next seven days.
Exterior work is progressing on 212 West 93rd Street, a 14-story condominium building on Manhattan’s Upper West Side. Located between Broadway and Amsterdam Avenues, the 65,000-square-foot project is designed by Eran Chen, head of ODA, and developed by Landsea Homes and Leyton Properties, which acquired the 9,000-square-foot plot from the Shaare Zedek Congregation for $34.3 million. It was last reported that the property will yield 20 units designed by GRADE New York and marketed by The Lindsey Stokes Team, a division of real estate brokerage Compass.