Kay’s Place Rises Past Halfway Mark at 487 4th Avenue in Park Slope, Brooklyn

8:00 am on September 14, 2024 By Michael Young and Matt Pruznick

Construction is rising on Kay’s Place, an 11-story mixed-use building at 487 4th Avenue in Park Slope, Brooklyn. Designed by Aufgang Architects and developed and built by Procida Companies under the 487 4th Avenue Managers LLC, the 107-foot-tall structure will span 49,308 square feet and yield 44 affordable rental units with an average scope of 864 square feet, as well as 2,154 square feet of ground-floor commercial space, a cellar level, and one enclosed parking space. Ten of the units will be one-bedroom apartments for residents with developmental disabilities, and a portion of the remainder will be reserved for the formerly homeless. The property is located at the corner of 4th Avenue and 12th Street.

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Halletts Point. Courtesy of BerlinRosen

New Renderings Revealed for 20 And 30 Halletts Point In Astoria, Queens

7:30 am on September 14, 2024 By Max Gillespie

New renderings have been revealed for 20 and 30 Halletts Point, a two-tower residential development constituting the second phase of the Halletts Point development in Astoria, Queens. Designed by Handel Architects and developed by the Durst Organization, the project will yield a combined 647 residential rental units, along with 7,955 square feet of ground-floor retail space and the first section of the master plan’s public waterfront esplanade. The property is bound by 26th Avenue to the north, 27th Avenue to the south, 1st Street to the east, and the East River to the west.
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Housing Lottery Launches for 56 East 21st Street in Flatbush, Brooklyn

7:00 am on September 14, 2024 By Vanessa Londono

The affordable housing lottery has launched for 56 East 21st Street, a seven-story residential building in Flatbush, Brooklyn. Designed by NA Design Studio and developed by Abe Waldman under the 56 East 21st Realty LLC, the structure yields 17 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $114,172 to $181,740.

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Rendering of 737 4th Avenue, courtesy of Marino PR

737 4th Avenue Tops Out in Sunset Park, Brooklyn

8:00 am on September 13, 2024 By Michael Young and Matt Pruznick

Construction recently topped out on 737 4th Avenue, a 14-story mixed-use residential building in Sunset Park, Brooklyn. Designed by Dencityworks Architecture and developed by BEB Capital, Totem/Ailanthus, and SK Development, the 145-foot-tall structure will span 193,000 square feet and yield 187 mixed-income rental units with 46 dedicated to affordable housing, as well as 6,200 square feet of ground-floor retail space with a 1,275-square-foot executed lease to former tenant Dunkin Donuts, which operated at the former occupant of the property before its demolition. The project is located between 24th and 25th Streets.

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