26-18 4th Street Progresses in Astoria, Queens

7:30 am on March 26, 2024 By Michael Young

Construction is progressing on 26-18 4th Street, an eight-story residential building in Astoria, Queens. Developed by Yael Mead Corp., the 70-foot-tall structure will yield 22 rental units spread across 15,211 square feet, and 846 square feet of commercial space. 2618 4th Street LLC is listed as the owner and Vital Development Group is the general contractor for the property, which sits on a nearly 5,000-square-foot interior lot situated between 26th and 27th Avenues.

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Rendering of 975 Nostrand Avenue, by ODA Architecture

Developer Secures Financing for 975 Nostrand Avenue in Crown Heights, Brooklyn

7:00 am on March 26, 2024 By Max Gillespie

The Hudson Companies has secured $135 million in financing for 975 Nostrand Avenue, a nine-story mixed-use building in Crown Heights, Brooklyn. Designed by ODA Architecture, the structure is planned to yield 328 residential units, with 30 percent reserved for affordable housing, as well as a ground-floor grocery store and community facility. The property is located by the intersection of Nostrand Avenue and Sullivan Place, and is currently occupied by a one-story supermarket.

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Housing Lottery Launches for 42-61 Saull Street in Flushing, Queens

6:30 am on March 26, 2024 By Vanessa Londono

The affordable housing lottery has launched for 42-61 Saull Street, a six-story residential building in Flushing, Queens. Designed by Raymond Chan Architect and developed by Xiong Lin under the J&L 168 LLC, the structure yields 13 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 $75,429 to $198,250.

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Revised Design Revealed for Affirmation Tower At 418 11th Avenue in Hudson Yards, Manhattan

8:00 am on March 25, 2024 By Michael Young and Matt Pruznick

Renderings have been revealed for a redesign of Affirmation Tower, a proposed mixed-use supertall skyscraper at 418 Eleventh Avenue in Hudson Yards. The development team of The Peebles Corporation, McKissack & McKissack, Exact Capital Group, and the Witkoff Group has brought on OMA to redesign the 1.4-million-square-foot structure, which is planned to yield mixed-income apartments, a convention center, retail space, community facilities, a public observation deck, and The National Civil Rights Museum as part of a collaboration with the NAACP. The project would rise from a 1.2-acre plot dubbed “Site K” bound by Eleventh Avenue, Hudson Boulevard West, and West 35th and 36th Streets.

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Astor On Third II Nears Completion at 2-24 26th Avenue in Astoria, Queens

7:30 am on March 25, 2024 By Michael Young and Matt Pruznick

Construction is wrapping up on Astor On Third II, a six-story mixed-use building at 2-24 26th Avenue in the Hallets Point section of Astoria, Queens. Designed by FNA Engineering Services PC and developed by Yitzchok Katz of Developing NY State, the 64-foot-tall structure will span 111,862 square feet and yield 137 rental units with an average scope of 683 square feet, as well as 18,249 square feet of ground-floor community facility space, a 60-foot-long rear yard, and 69 parking spaces. The project is located at the corner of 26th Avenue and 3rd Street, just north of its Astor On Third companion development at 26-41 3rd Street on 27th Avenue.

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