405, 407 West 206th Street Rise Past Halfway Mark in Inwood, Manhattan

8:00 am on February 16, 2024 By Michael Young and Matt Pruznick

Construction is rising above the halfway mark on 405 and 407 West 206th Street, a sprawling two-tower mixed-use project in Inwood, Manhattan. Designed by Beyer Blinder Belle in a joint with the LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners, the 751,687-square-foot structures consist of 14- and 17-story volumes standing 140 and 175 feet tall and will yield 700 rental units with 281 dedicated to affordable housing, as well as a supermarket under the city of New York’s Food Retail Expansion to Support Health Program program and an immigrant-centered performing arts center owned and operated by the People’s Theatre Project. Inwood Lot 9 Development Associates LLC is the owner, Community League of the Heights is the community sponsor, and Chatsworth Builders is the general contractor for the $416 million project, which is bound by West 206th and West 207th Streets and Ninth Avenue.

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Supportive Housing Project Breaks Ground at 3118 Webster Avenue in Norwood, The Bronx

7:30 am on February 16, 2024 By Max Gillespie

The Doe Fund, a nonprofit organization dedicated to combatting homelessness, has broken ground at 3118 Webster Avenue, the site of an 11-story affordable and supportive housing project in the Norwood neighborhood of The Bronx. Designed by Curtis + Ginsberg Architects and developed in collaboration with Urban Builders Collaborative, the 98,400-square-foot structure will yield 109 apartments in studio to three-bedroom layouts, with 70 affordable units for residents earning 40 to 80 percent of the area median income and 39 supportive units for individuals and families who have experienced chronic homelessness. The property will also feature 1,500 square feet of ground-level retail space. The project is located between East 204th and 205th Streets.

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Street view of Rheingold Senior Residences - Renderings by Nightnurse Images courtesy of Magnusson Architecture and Planning

Housing Lottery Launches for Rheingold Senior Residences at 15 Montieth Street in Bushwick, Brooklyn

7:00 am on February 16, 2024 By Vanessa Londono

The affordable housing lottery has launched for Rheingold Senior Residences, a nine-story residential buildings at 15 Montieth Street in Bushwick, Brooklyn. Designed by Magnusson Architecture and Planning and developed by Southside United HDFC, the structure yields 94 residences. Available on NYC Housing Connect are 65 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $63,550.

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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Foundations Underway for 64-Story Skyscraper at 111 Washington Street in Financial District, Manhattan

8:00 am on February 15, 2024 By Michael Young and Matt Pruznick

Foundation work is underway at 111 Washington Street, the site of a 64-story residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project last summer, the 712-foot-tall structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets, south of the nearby World Trade Center complex.

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