MSY Group has received preliminary approval for financial incentives to support a $39.1 million affordable senior housing development project in Yonkers. The development will transform 0.47 acres of vacant land at 221-223 Buena Vista Avenue into a nine-story multi-family residential building designed specifically for seniors.
The affordable housing lottery has launched for 3991 Saxon Avenue, a six-story residential building in Kingsbridge, The Bronx. Designed by Badaly Architects and developed by Leunard Vushaj, the structure yields 17 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,840 to $250,380.
Permits have been filed to expand a two-story structure into a seven-story mixed-use building at 4509 Park Avenue in Belmont, The Bronx. Located between East 182nd Street and East 183rd Street, the lot is near the 182-183 Streets subway station, serviced by the B and D trains. Shams Shawar of Shamas Contracting Co. is listed as the owner behind the applications.
Construction wraps up on 50 Ninth Avenue, a nine-story commercial renovation and expansion at the intersection of Chelsea, the Meatpacking District, and the West Village. Designed by BKSK Architects for Tavros Capital with Fogarty Finger responsible for all interiors and the storefront, the project involved the restoration of a row of landmarked townhomes and the construction of an office structure set back from the street, and yields 57,000 square feet of office space and 30,000 square feet of flexible retail space. Broadway Construction Group is the general contractor for the project. The property is alternately addressed as 351-355 West 14th Street and located at the corner of Ninth Avenue and West 14th Street.
Construction is complete on Hanson Place Community Plaza, a 13-story affordable housing complex at 142 South Portland Avenue in Fort Greene, Brooklyn. Designed by OCV Architects and developed by Hanson Place Church Support Corporation and MDG Design & Construction, the $65.7 million project yields 104 affordable apartments for low- to moderate-income households as well as 22,000 square feet of community space, 8,000 square feet for health programming, and 900 square feet for the Hanson Place Church Support Corporation ministries. The property is bound by Hanson Place to the north and South Elliott place to the south.
