The affordable housing lottery has launched for 69 Adams Street, a 26-story residential building in DUMBO, Brooklyn. Designed by Fischer + Makooi Architect and developed by Rabsky Group, the structure yields 225 residences. Available on NYC Housing Connect are 70 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $198,250.
Excavation is moving along at 525 Sixth Avenue, the site of a 13-story residential building in Greenwich Village, Manhattan. Designed by BKSK Architects and developed by Izaki Group under the 525 6th Ave LLC, the 145-foot-tall structure is planned to span 123,000 square feet and yield 71 condominium units and ground-floor commercial space. Hunter Roberts Construction Group is the general contractor for the property, which is alternately addressed as 100-106 West 14th Street and is located at the corner of West 14th Street and Sixth Avenue, just below the border with Chelsea.
The Hudson Companies, in collaboration with Housing Works and supported by the New York City Department of Housing and Preservation and the Metropolitan Transit Authority, has finalized a $119 million financing package for The Lirio, a new mixed-use development located at 364 West 54th Street in Hell’s Kitchen, Manhattan. The project aims to transform a parking lot into a property that offers affordable housing, MTA office space, and retail space.
The affordable housing lottery has launched for 2-24 26th Avenue, a six-story residential building in Astoria, Queens. Designed by FNA Engineering and developed by Yitzchok Katz of Developing NY State, the structure yields 137 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $198,250.
