The affordable housing lottery has launched for The Willoughby, a 34-story mixed-use building at 196 Willoughby Street in Downtown Brooklyn. Designed by Perkins Eastman and developed by RXR Realty, the structure yields 476 residences. Available on NYC Housing Connect are 143 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $86,503 to $167,570.
Permits have been filed for a 23-story mixed-use building at 250 W 49th Street in Midtown, Manhattan. Located between Broadway and Eighth Avenue, the lot is one block west of the 49th Street subway station, serviced by the N, R, and W trains. The Hakimian Organization is listed as the owner behind the applications.
Construction is continuing on the Mandarin Oriental Residences Fifth Avenue, a 29-story residential conversion at 685 Fifth Avenue in Midtown, Manhattan. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project will convert 100,000 square feet of former office space into a condominium property managed by Mandarin Oriental Hotel Group, above Fifth Avenue retail frontage marketed by Brookfield Properties. The Rinaldi Group of New York, LLC is the general contractor of the project, which is located between East 53rd and East 54th Streets.
Renderings from ARC Architecture + Design Studio are the first to reveal a new seven-story residential building in Jamaica, Queens. The property is located at 143-26 84th Road and is the latest property from Commerce Realty Group, a New York-based brokerage and development firm.
The affordable housing lottery has launched for Sven, a 67-story mixed-use residential building at 2959 Northern Boulevard in Handel Architects and developed by The Durst Organization, the structure yields 958 residences. Available on NYC Housing Connect are 288 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $192,400.