The affordable housing lottery has launched for Aries Astoria, a five-story residential building at 31-18 30th Street in Astoria, Queens. Designed by Lu Ning Architecture and developed by CMZ Properties Group LLC, the structure yields 14 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,686 to $218,010.
Façade installation is moving along on 200 East 75th Street, an 18-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by EJS Development, which purchased the property for $32.5 million in March 2021, the 214-foot-tall structure will span 97,569 square feet and yield 36 condominium units and ground-floor retail space. The property is alternately addressed as 1305-1307 Third Avenue and located at the intersection of Third Avenue and East 75th Street.
300 East 50th Street has topped out in Midtown, Manhattan. The $200 million project was developed in partnership between MAG Partners, Global Holdings, and Safanad, and was designed by BKSK Architects. The 170,000-square-foot building was built on the assemblage of multiple sites which were originated by Krown Capital and KRW Realty.
After opening its doors in late 2023, Pearl House has officially surpassed 50 percent leased. Located at 160 Water Street in the Financial District, the city’s largest office-to-residential conversion to date, yield 24 stories with 588 units and 30,000 square feet of amenities. Pearl House is designed by Gensler and developed by Vanbarton Group, a real estate development, investment, and advisory firm, with Compass Development Marketing Group handling leasing. Pricing for available units starts at $3,909 a month.
Permits have been filed for a seven-story residential building at 111 South 6th Street in Williamsburg, Brooklyn. Located between Berry Street and Bedford Avenue, the lot is near the Marcy Avenue subway station, serviced by the J, M, and Z trains. Jack Wolcowitz of Hamilton Eastman is listed as the owner behind the applications.
