Rendering of 240 Willoughby Street - Courtesy of Rabsky Group

240 Willoughby Street Nears Topping Out in Fort Greene, Brooklyn

Construction is nearing topping out on 240 Willoughby Street, a 30-story residential building in Fort Greene, Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which purchased the property for $95 million in 2019, the structure will yield 300 rental units with 147 dedicated to affordable housing. 240 Willoughby LLC is the owner and Galaxy Developers is the general contractor for the project, which directly abuts an existing 21-story apartment building and is bound by Willoughby Street to the north, the Brooklyn Hospital Center to the south, Fort Greene Park to the east, and Ashland Place to the west.

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1162 Broadway’s Façade Begins to Emerge from Scaffolding in NoMad, Manhattan

Exterior work is getting closer to completion on 1162 Broadway, a 13-story commercial building in the Madison Square North Historic District of NoMad, Manhattan. Designed by Morris Adjmi Architects and developed by 1162 Broadway LLC, the 185-foot-tall structure will yield Class A office space and 1,800 square feet for a restaurant on the ground floor and cellar level. On Star Management is the general contractor for the property, which is located between West 27th and 28th Streets.

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Daytime rendering of Ludlow Point at 150 Downing Street in Yonkers - Ginsburg Development Companies

City Officials Approve Financial Incentives for Ludlow Point at 150 Downing Street in Yonkers

The Yonkers Industrial Development Agency has approved a financial incentives package for Ginsburg Development Companies to complete Ludlow Point, a new, multi-phase rental property. Located at 150 Downing Street near Yonkers‘ waterfront edge, the first phase of development includes a seven-story building with 208 apartments and a 229-vehicle parking garage on two lower levels.

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Housing Lottery Launches for The Reserve at 212 East 125th Street in East Harlem, Manhattan

The affordable housing lottery has launched for The Reserve, a 12-story mixed-use building at 212 East 125th Street in East Harlem, Manhattan. Designed by ND Design and Architecture and developed by The Hakimian Organization, the structure yields 45 residences. Available on NYC Housing Connect are 34 for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $53,898 to $187,330.

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The Brooklyn Tower’s Exterior Nears Completion in Downtown Brooklyn

Exterior work is nearing completion on The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed and built by JDS Development, the 93-story skyscraper is the tallest structure in the outer boroughs and will yield 550 units designed by Gachot Studios with 150 condominiums, 120 affordable rentals, and 280 market-rate rentals, as well as a 100,000-square-foot retail podium incorporated into the landmarked Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the marketing, sales, and leasing agent for the residential component, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.

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