The affordable housing lottery has launched for 2779 and 2781 University Avenue, a pair of four-story residential buildings in Jerome Park, The Bronx. Designed by Woody Chen of Infocus and developed by Yaniv Zohar, the structures yield a total of 18 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $167,570.
At number 11 on our construction countdown is 41-47 West 57th Street, an 1,100-foot-tall mixed-use skyscraper on Billionaires’ Row in Midtown. Designed by OMA and developed by Sedesco, the 63-story, 443,000-square-foot tower will yield 119 residential units spread across 237,000 square feet, a 158-room hotel spanning 205,100 square feet on floors two through 20, and a 10,212-square-foot restaurant. The skyscraper will rise from a plot between Fifth and Sixth Avenues and will have frontage along both West 57th and West 58th Streets.
Construction is complete on 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot structure is the first supportive housing development by the company in nearly 50 years and was made possible with help from Gotham Organization and Denham Wolf Real Estate Services. The site is located along the southern border of Hell’s Kitchen between Eighth and Ninth Avenues and West 40th and West 41st Streets, and is a short distance from the Port Authority Bus Terminal. The building will yield 60 residential units averaging approximately 884 square feet, as well as a 53,053-square-foot community facility. The project was last reported to cost $128 million.
Construction is progressing on 555 Greenwich Street, a 16-story office building in Hudson Square, Manhattan. Designed by COOKFOX Architects and developed by the joint venture Hudson Square Properties, which includes Trinity Church Wall Street, Hines, and Norges Bank Investment Management, the structure will yield 270,000 square feet and will connect on nearly every floor with an adjacent building at 345 Hudson Street via a horizontal overbuild. Together, the complex will comprise 715,000 leasable square feet. The property is located along Greenwich Street between Charlton and King Streets.
Permits have been filed for a 17-story residential building at 3250 Westchester Avenue in Pelham Bay, The Bronx. Located at the intersection of Wilkinson Avenue and Westchester Avenue, the lot is one block from the Pelham Bay Park subway station, serviced by the 6 train. Marcal Group is listed as the owner behind the applications.