The affordable housing lottery has launched for The Dime, a rental building above the historic Dime Savings Bank at 275 South 5th Street in South Williamsburg, Brooklyn. Designed by Fogarty Finger Architects and developed by Charney Companies and Tavros Holdings, the structure yields 177 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 $72,378 to $156,130.
Permits have been filed for a five-story, 330-seat elementary school at 280 Senator Street in Bay Ridge, Brooklyn. Located at the intersection of Third Avenue and Senator Street, the corner lot is also addressed as 6740 Third Avenue. Two blocks east is the Bay Ridge Avenue subway station, serviced by the R train. NYC School Construction Authority is listed as the owner behind the applications.
Work is progressing on the $100 million renovation of 111 Wall Street, a 25-story commercial building in the Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the project involves the replacement of the structure’s 1960s envelope with a modern glass curtain wall and a complete overhaul of the interiors, which will yield 1.5 million square feet of Class A office space, new infrastructure, an expanded lobby, and amenities designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, Gouverneur Lane to the southwest, and South Street and the FDR Drive to the southeast.
St. John’s University recently celebrated the commencement of construction on a new 70,000-square-foot facility that will serve as the permanent home of its Nursing School and wide-ranging health sciences programs. Located within the university’s primary campus in Hillcrest, Queens, the building will debut as the Health Sciences Center and will enrich the campus with new classrooms, laboratories, collaborative spaces, administrative offices, and simulation facilities for traditional clinical experiences and acute patient scenarios.
The affordable housing lottery has launched for 1998 Second Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by GF55 Partners and developed by Peter Fine of Bolivar Development, the structure yields 164 residences. Available on NYC Housing Connect are 51 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $215,150.