Exterior work is nearing completion on Lantern House, a pair of residential buildings straddling the High Line at 515 West 18th Street in Chelsea. Developed by Related Companies and designed by Thomas Heatherwick with SLCE Architects as the architect of record, the ten- and 21-story structures yield a total of 181 residential units with sales and marketing led by Related Sales LLC and Corcoran Sunshine Marketing Group. Lantern House is bound by Tenth Avenue the east, West 18th Street to the south, West 19th Street to the north, and Frank Gehry’s IAC Building immediately to the west.
Fresh renderings from J. Frankl Associates reveal a forthcoming residential building in the northwest corner of Astoria, Queens. The property will occupy a large corner lot at 26-25 4th Street near the East River waterfront and will eventually house 99 condominium units.
The affordable housing lottery is open for 898 Bushwick Avenue, a four-story residential development in Bushwick, Brooklyn. The eight-unit building is developed by Josh Navi and designed by Gerald Caliendo, and will yield 7,151 square feet. Available on NYC Housing Connect are three units for rent for residents at 130 percent of the area median income, ranging in eligible income from $66,858 to $159,640.
Permits have been filed for a seven-story residential building at 2001 Creston Avenue in Tremont, The Bronx. Located at the intersection of East 179th Street and Creston Avenue, the corner lot is two blocks from the Tremont Avenue subway station, serviced by the B and D trains. Atlantis Development is listed as the owner behind the applications.
YIMBY’s 2020 New Building Report, covering 2019’s numbers, showed a substantial increase in applications, with 2019’s total filings reaching 36,467. This year, the numbers have dropped somewhat, with 2020’s submitted residential units totaling 30,036. While this was a decrease, it was still substantially above the 2018 total of only 20,393 new units filed, indicating that in spite of the profound headwinds beginning in March of last year that are now seemingly abating, permitting activity remained fairly vigorous. The full report covering 1,774 new buildings and over 57 million square feet of new floor space is available in Excel format upon purchase of YIMBY’s Building Wire subscription.