New York YIMBY

NYC Downtown Alliance Announces Partnership With ArtBridge To Beautify Lower Manhattan Construction Sites

7:00 am on March 16, 2025 By Max Gillespie

The Downtown Alliance has announced a new partnership with NYC arts nonprofit ArtBridge to enhance the aesthetics of Lower Manhattan’s construction sites. This program will allow property owners to transform sidewalk sheds and construction fencing with curated artwork, contributing to a more visually engaging streetscape. It is made possible by Local Law 163, passed in 2023 by the NYC Department of Buildings, which requires property owners erecting temporary protective structures to either display artwork or formally opt out.

Housing Lottery Ends Next Week for 3641 Johnson Avenue in Riverdale, The Bronx

6:30 am on March 16, 2025 By Vanessa Londono

The affordable housing lottery has launched for 3641 Johnson Avenue, an eight-story residential building in Riverdale, The Bronx. Designed by Michael Kang Architect and developed by C&Z Realty Development, the structure yields 26 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 $81,429 to $218,010.

Construction Progresses on South Brooklyn Marine Terminal in Sunset Park, Brooklyn

8:00 am on March 15, 2025 By Michael Young and Matt Pruznick

Construction is progressing on the South Brooklyn Marine Terminal, a 73-acre project to support the development of the Empire Wind 1 offshore wind farm. Developed by the New York City Economic Development Corporation (NYCEDC) and Sustainable South Brooklyn Marine Terminal (SSBMT), a joint venture of Red Hook Terminals and Industry City, the complex will serve as a staging and assembly site for the wind farm’s turbine components and will feature a substation to connect the wind power to the city’s grid. The $861 million project is located on the border of Sunset Park and Greenwood Heights between 29th and 39th Streets on the western side of 2nd Avenue.

Rendering of 171 Throop Avenue. Credit: Monica Lopez Architect

Woodhull II Residence Opens At 171 Throop Avenue In Bedford-Stuyvesant, Brooklyn

7:30 am on March 15, 2025 By Max Gillespie

Mayor Eric Adams, NYC Health + Hospitals, and the Department of Housing Preservation and Development have announced the opening of Woodhull II Residence, a $41.5 million affordable and supportive housing development at 171 Throop Avenue in Bedford-Stuyvesant, Brooklyn. The 93-unit building is situated on the campus of NYC Health + Hospitals/Woodhull, and provides housing for patients experiencing homelessness, low-income seniors, and other low-income New Yorkers.

Housing Lottery Launches for 88-11 179th Place in Jamaica, Queens

7:00 am on March 15, 2025 By Vanessa Londono

The affordable housing lottery has launched for 88-11 179th Place, an eight-story mixed-use building in Jamaica, Queens. Designed by Design 101 LLC and developed by Palwinder Singh, the structure yields 49 residences. Available on NYC Housing Connect are 15 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $69,875 to $218,010.

Permits Filed for 1004 Summit Avenue in Highbridge, The Bronx

6:30 am on March 15, 2025 By Vanessa Londono

Permits have been filed for a four-story residential building at 1004 Summit Avenue in Highbridge, The Bronx. Located between West 164th Street and Summit Avenue, the lot is near the 161 Street-Yankee Stadium subway station, served by the 4 train. Shaya Seidenfeld of MZS Realty is listed as the owner behind the applications.

The Slope on Fifth Tops Out At 445 5th Avenue in Park Slope, Brooklyn

8:00 am on March 14, 2025 By Michael Young and Matt Pruznick

Construction has topped out on The Slope on Fifth, a six-story mixed-use building at 445 5th Avenue in Park Slope, Brooklyn. Designed by Tahir Demircioglu Architect and developed by RJ Capital Holdings, the 74-foot-tall structure will span 53,099 square feet and yield 30 condominium units with an average scope of 991 square feet. The building will also contain 23,359 square feet of commercial space, 24 enclosed parking spaces, and storage for 25 bicycles. The property is located at the corner of 5th Avenue and 9th Street.

Photograph of 501 East 87th Street, via Rubenstein

A&E Real Estate Acquires Rivers Bend At 501 East 87th Street on the Upper East Side, Manhattan

7:30 am on March 14, 2025 By Max Gillespie

A&E Real Estate has acquired Rivers Bend, a 21-story rental apartment building on Manhattan’s Upper East Side. The company purchased the 179-unit property at 501 East 87th Street from Soloviev Group for $116.5 million, equating to approximately $547,000 per unit.

Housing Lottery Launches for 21 Garden Street in Bushwick, Brooklyn

7:00 am on March 14, 2025 By Vanessa Londono

The affordable housing lottery has launched for Cantilever House, an eight-story residential building at 21 Garden Street in Bushwick, Brooklyn. Designed by DXA Studio and developed by Rivington Company, the structure yields 50 residences. Available on NYC Housing Connect are 15 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $64,046 to $181,740.

Permits Filed for 11-27 Foam Place in Far Rockaway, Queens

6:30 am on March 14, 2025 By Vanessa Londono

Permits have been filed for an eight-story residential building at 11-27 Foam Place in Far Rockaway, Queens. Located between Smith Place and Beach 18 Street, the lot is near the Far Rockaway-Mott Avenue subway station, served by the S trains. Peter Abowitz is listed as the owner behind the applications.

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