The affordable housing lottery has launched for 1042 President Street, an eight-story residential building in Crown Heights, Brooklyn. Designed by S. Wieder Architects and developed by Jacob Fulop, the structure yields 55 residences and 19 parking spaces. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $53,726 to $122,000.
Permits have been filed to expand a three-story structure into a four-story residential building at 1734 Nostrand Avenue in East Flatbush, Brooklyn. Located between Clarendon Road and Cortelyou Road, the lot is one block south of the Beverly Road subway station, serviced by the 2 and 5 trains. Yosef Eliav is listed as the owner behind the applications.
At number 25 on our annual construction countdown is 80 Clarkson Street, a two-tower residential project currently underway along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital, and The Baupost Group, the $1.25 billion complex will consist of 29- and 36-story towers rising 400 and 450 feet, respectively, and will yield an undisclosed number of condominium units and commercial space on the lower levels. ACI VI Clarkson LLC is the owner and AECOM Tishman is the general contractor for the project, which occupies a 1.3-acre block bound by Clarkson Street to the north, West Houston Street to the south, Washington Street to the east, and West Street to the west, which will yield an abutting 19-story senior living residence addressed as 570 Washington Street on the same city block. The developers acquired the property for $340 million in early 2022 and have projected a $1 billion sellout on the homes.
The affordable housing lottery has launched for Vista65, a 22-story mixed-use building at 97-12 65th Road in Rego Park, Queens. Designed by SLCE Architects and developed by RB Realty Capital, the structure yields 186 residences, 53,000 square feet of retail, 41,000 square feet of community facility space, and an 82,000-square-foot parking garage. Available on NYC Housing Connect are 56 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $77,143 to $198,250.
