Construction is expected to break ground this summer on Georgia King Village, a new construction project in Newark‘s Fairmount neighborhood with affordable housing, residences for the formerly homeless, and a community healthcare clinic with social services for at-risk populations. Development partners include University Hospital, L+M Development Partners, as well as various state and city agencies. Inglese Architecture + Engineering is responsible for the design.
The affordable housing lottery has launched for 209, 211, and 213 Troy Avenue, three adjacent residential buildings in Crown Heights, Brooklyn. All three buildings were built in 2009 and have a total of 24 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,286 to $167,570.
Construction is nearing completion on 101 West 14th Street, a 13-story residential building on the border of Chelsea and Greenwich Village. Designed by ODA New York and developed by Gemini Rosemont, the property sits at the corner of West 14th Street and Sixth Avenue and will yield 44 condominium units as well as 5,830 square feet of ground-floor retail space for two tenants. Sales have launched for the homes, which are being marketed by Nestseekers International’s Serhant Team and are expected to start at $1.35 million for one-bedroom units.
Last week TF Cornerstone and RXR Realty, development partners of the Grand Hyatt New York redevelopment in Midtown East, announced a cultural program at 175 Park Avenue with New York City-based non-profit Public Art Fund and Lord Cultural Resources. This will include public art installations, community events, and programming inside and around the Skidmore Owings & Merrill-designed skyscraper.
AvalonBay Communities has partnered with Atria Senior Living and Welltower to complete a $300 million mixed-use community in New Jersey’s West Windsor Township. The community is taking shape near the Princeton Junction Amtrak train station and will comprise mixed-income, age-restricted, and market-rate housing in addition to retail, a public promenade, and a mix of enclosed and surface-level parking.