Permits have been filed for a nine-story residential building at 185-17 Hillside Avenue in Jamaica, Queens. Located between Dainy Road and Chelsea Street, the lot is near the Jamaica-179th Street subway station, served by the F train. Howard Lorch of Ohel Children’s Home and Family Services is listed as the owner behind the applications.
Permits have been filed to expand a three-story structure into a six-story mixed-use building at 5408 7th Avenue in Sunset Park, Brooklyn. Located between 54th Street and 55th Street, the lot is near the 8th Avenue subway station, served by the N train. Lihua Wu is listed as the owner behind the applications.
Construction is continuing on 126 East 57th Street, a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. The property is located at the corner of East 56th Street and Lexington Avenue with a narrow panhandle extension to East 57th Street.
An agreement was recently reached between New York City and Related Companies to add nearly 50 percent more affordable housing units to Hudson Yards West, a new mixed-use development in Manhattan. Phase 2 of the project will now include approximately 4,000 residential units, with at least 625 designated as permanently affordable, an increase from the previously proposed 420 units. In addition, 139 existing units nearby will be preserved as permanently affordable. The $12 billion phase is part of the broader Hudson Yards development, now estimated to cost $32 billion in total, making it the largest real estate project in U.S. history.
The affordable housing lottery has launched for The Botanica, a 17-story residential building at 931 Carroll Street in Crown Heights, Brooklyn. Designed by Strekte & Strekte Architecture and developed by Cornell Realty and Carmel Partners, the structure yields 169 residences. Available on NYC Housing Connect are 55 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $37,612 to $175,000.
