The affordable housing lottery has launched for 61 Delmonico Place, a four-story residential building in Bedford Stuyvesant, Brooklyn. Designed by S. Wieder Architect and developed by Joel Jakobowitz, the structure yields eight 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 $107,178 to $165,230.
Construction has reached the halfway mark on North Cove, a 30-story residential building at 3875 Ninth Avenue on the Harlem River waterfront in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, the 295-foot-tall structure will span 544,000 square feet and yield 611 affordable rental apartments, 60,000 square feet of lower-level retail space, residential amenities, and 120 parking spaces. Sherman Creek Owner LLC & Sherman Creek LIHTC Owner LLC are listed as the owners and Joy Construction Corp. is the general contractor for the property, which is alternately addressed as 373 and 375 West 207th Streets and bound by West 207th Street, Ninth Avenue, and the Harlem River.
Construction is rising on 3880 Ninth Avenue, an 18-story residential building in Inwood, Manhattan. Designed by JFA Architects & Engineers and developed by The Jay Group, the 170-foot-tall structure will span 211,000 square feet and yield 270 rental units with an average scope of 707 square feet, as well as 20,000 square feet of lower-level commercial space, a cellar, one commercial loading berth, and a 41-vehicle parking garage. Twenty-five percent of the apartments will be designated as affordable housing. 401 West 207th Realty LLC is listed as the owner and On Star Management LLC is the general contractor for the property, which is alternately addressed as 401 West 207th Street and located at the intersection of Ninth Avenue and West 207th Street.
National real estate investment firm The Feil Organization has announced that tequila manufacturer Casa Komos Brand Group has signed a ten-year lease agreement at 853 Broadway, a 21-story office tower in Union Square, Manhattan. The company will occupy 10,268 square feet across the entire second floor and a portion of the ninth floor of the structure, which is located at the corner of Broadway and 14th Street, directly across from Union Square Park.
Permits have been filed for a seven-story mixed-use building at 28-08 21st Street in Astoria, Queens. Located between 28th and 29th Avenues, the lot is near the 30th Avenue subway station, serviced by the N and W trains. Jinjie Wu is listed as the owner behind the applications.
