The affordable housing lottery has launched for Ray Harlem, a 21-story mixed-use building at 2035 Fifth Avenue in Harlem, Manhattan. Designed by Handel Architects and Frida Escobedo and developed by Ray and LMXD, the structure yields 222 residences. Available on NYC Housing Connect are 58 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $31,132 to $218,010.
Permits have been filed for an eight-story residential building at 868 East 156th Street in Woodstock, The Bronx. Located between Prospect Avenue and Dawson Street, the lot is near the Prospect Avenue subway station, served by the 2 and 5 trains. Hershy Silberstein of Blue Shine Builders Inc. DBA Blue Sky is listed as the owner behind the applications.
The 27th-tallest building on our year-end construction countdown is 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space, as well as retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and East 80th Streets.
A rendering has been revealed for 132 East 125th Street, a 13-story mixed-use building in Harlem, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, the project will yield 73 affordable housing units in one- to three-bedroom layouts, as well as 7,000 square feet of ground-floor retail space and 45,000 square feet of medical offices on the second through fifth floors. The property is located at the corner of East 125th Street and Lexington Avenue.
The affordable housing lottery has launched for The Park Overture, a seven-story residential building at 4568 Broadway in Fort George, Manhattan. Developed by LargaVista and Baron Property Group and designed by J Frankl Architects, the structure yields 92 residences. Available on NYC Housing Connect are 28 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $92,400 to $218,010.
