Housing Lottery Launches for 739 East Gun Hill Road in Williamsbridge, The Bronx

The affordable housing lottery has launched for 739 East Gun Hill Road, an eight-story residential building in Williamsbridge, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the structure yields 134 residences and 69 parking spaces. Available on NYC Housing Connect are 41 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,886 to $227,630.

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262 Fifth Avenue

262 Fifth Avenue Continues Rapid Ascent in NoMad, Manhattan

Construction is continuing to rise on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units averaging 3,200 square feet apiece with at least one becoming a quadruplex. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which located on a 5,000-square foot property on the southwest corner of Fifth Avenue and West 29th Street.

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304 Water Street’s Expansion Progresses in Vinegar Hill, Brooklyn

Construction is progressing on 304 Water Street in Vinegar Hill, Brooklyn, where a two-story industrial structure is being expanded into a four-story residential building. Yatziv Corp. is the general contractor for the property, which was acquired by 304 Water LLC for $1.85 million in a deal brokered by Investment Property Realty Group. The 1,900-square-foot plot is located between Hudson Avenue to the east and Gold Street to the west.

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