Madison Square Boys & Girls Club and Alloy Development have announced a partnership to reestablish after-school services at the Navy Yard Clubhouse, located at 240 Nassau Street in Fort Greene, Brooklyn. This development follows Alloy’s acquisition of the property for $15 million and a $2 million donation to facilitate the temporary resumption of these important community services.
The affordable housing lottery has launched for 60th and Bay, an eight-story mixed-use building at 5920 Bay Parkway in Mapleton, Brooklyn. Designed by S. Wieder Architects, the structure yields 44 residences. Available on NYC Housing Connect are 14 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $54,858 to $198,250.
Permits have been filed to convert a two-story structure into a four-story residential building at 53 Stanhope Street in Bushwick, Brooklyn. Located between Central and Evergreen Avenues, the interior lot is near the Central Avenue subway station, serviced by the M train. Arkady Nagorev of Crown Hall LLC is listed as the owner behind the applications.
Construction has structurally topped out on 270 Park Avenue, JPMorgan Chase‘s 1,388-foot supertall headquarters in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and is the tallest project currently underway in New York. AECOM Tishman is the general contractor for the property, which spans a full city block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.
The third entry in our Turkey Week rundown of stalled and on-hold construction projects in New York City is Affirmation Tower, a 1,663-foot mixed-use supertall at 418 Eleventh Avenue, just north of Related Companies‘ first phase of Hudson Yards. Designed by Sir David Adjaye of Adjaye Associates and developed in collaboration between Cheryl McKissack Daniel of McKissack & McKissack, The Peebles Corporation, Exact Capital Group, and the Witkoff Group, the 2-million-square-foot structure would easily wrest the title of tallest building in New York by roof height from Extell’s Central Park Tower, surpassing its parapet by more than 100 feet. The development’s 1.2-acre plot, dubbed “Site K,” was also the site selected for the long-stale Hudson Spire proposal, and is bound by West 36th Street to the north, West 35th Street to the south, Eleventh Avenue to the east, and Hudson Boulevard to the west.
