Permits have been filed for a six-story mixed-use building at 624 New York Avenue in Prospect Lefferts Gardens, Brooklyn. Located between Fenimore Street and Rutland Road, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Nigel Boyden is listed as the owner behind the applications.
New renderings have been revealed for One Grand, a 28-story mixed-use building at 76 Varick Street in Hudson Square, Manhattan. Designed by SHoP Architects and developed by Taconic Investment Partners and Nuveen Real Estate, the 430,763-square-foot structure will yield offices, a public grade school, and retail space. Trinity Real Estate is the owner of the vacant lot, which is alternately addressed as Two Hudson Square and bound by Grand Street to the north, Canal Street to the south, Varick Street to the west, and Sullivan Street, Duarte Square, and Sixth Avenue to the east.
Construction is rising on 7 Platt Street, a 37-story mixed-use building in the Financial District of Lower Manhattan. Designed by Hill West Architects and developed by The Moinian Group, the 464-foot-tall structure will span 267,760 square feet and yield 250 rental apartments with interiors by Fogarty Finger, as well as 43,740 square feet of retail space on the first five stories and 34 below-grade parking spaces. Titanium Construction is the general contractor for the property, which is alternately addressed as 110 John Street and located on an interior lot bound by John Street to the north and Platt Street to the south.
Governor Kathy Hochul, New York City Mayor Eric Adams, and the Port Authority of New York and New Jersey (PANYNJ) have agreed to work together to finance a $10 billion project to replace and expand the Port Authority Bus Terminal in Midtown, Manhattan. The city has agreed to allocate 40 years of tax revenue from three new commercial developments to fund the project, which has been designed by Foster + Partners. The tax allocation is expected to generate around $2 billion and cover approximately 20 percent of the total anticipated $10 billion cost of construction for the project.
The affordable housing lottery has launched for 2754 Creston Avenue, a six-story residential building in Fordham, The Bronx. Designed by Rise Architecture and developed by Alfred Mitaj of First Structure LLC, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,480 to $198,250.
