New York YIMBY

Rendering of 100 Gold Street, courtesy of FXCollaborative

Next Steps Announced For 100 Gold Street Redevelopment In the Financial District, Manhattan

7:00 am on March 6, 2025 By Max Gillespie

The City of New York has announced the next steps in the redevelopment of 100 Gold Street, a city-owned building planned for conversion into a mixed-income residential building in Manhattan’s Financial District. Led by the New York City Economic Development Corporation (NYCEDC) and the New York City Department of Housing Preservation and Development (HPD), the project will yield approximately 1,000 units and is part of Mayor Eric Adams’ “Manhattan Plan,” which aims to create 100,000 new homes in the borough over the next decade. The 95,000-square-foot building is located at the corner of Gold Street and Frankfort Street.

Housing Lottery Launches for 129 3rd Street in Gowanus, Brooklyn

6:30 am on March 6, 2025 By Vanessa Londono

The affordable housing lottery has launched for 129 3rd Street, an 11-story mixed-use building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Konstantin Gubareff of Prospect Developers II, the structure yields 132 residences. Available on NYC Housing Connect are 33 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $37,612 to $218,010.

Foundations Underway At 960 Franklin Avenue in Crown Heights, Brooklyn

8:00 am on March 5, 2025 By Michael Young and Matt Pruznick

Foundations are quickly taking shape at 960 Franklin Avenue, the site of a seven-story residential building in Crown Heights, Brooklyn. Designed by Hamish Whitefield and developed and built by YS Developers LLC, the 240,000-square-foot structure will yield 290 rental apartments, on-site parking for 145 vehicles, and a cellar level. Franklin Plaza II LLC is listed as the owner of the property, which is located at the intersection of Franklin Avenue and Montgomery Street.

Photograph of 130 Bay Street, via Cahn PR

Arts & Powerhouse Building Completes Renovation at 130 Bay Street In Jersey City

7:30 am on March 5, 2025 By Max Gillespie

Kushner and KABR Group have launched commercial leasing for the Arts & Powerhouse Building, a six-story structure at 130 Bay Street in Jersey City, New Jersey. Originally constructed in 1913 as the Great Atlantic and Pacific Tea Company Warehouse, the building recently underwent a $30 million renovation and is now being branded as the A&P Building.

Housing Lottery Launches for Longview at 380 4th Avenue in Gowanus, Brooklyn

7:00 am on March 5, 2025 By Vanessa Londono

The affordable housing lottery has launched for Longview, a 17-story residential building at 380 4th Avenue in Gowanus, Brooklyn. Designed by GF55 Architects and developed by Quinlan Development Group LLC, the structure yields 197 residences and 14,000 square feet of ground-floor commercial space. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $35,589 to $150,930.

Permits Filed for 256 East 4th Street in Manhattan’s East Village

6:30 am on March 5, 2025 By Vanessa Londono

Permits have been filed to convert a four-story house of worship into a six-story residential building at 256 East 4th Street in Manhattan’s East Village. Located between Avenues B and C, the lot is near the 2nd Avenue subway station, served by the F train. Rotem Cohen under the 89 Development LLC is listed as the owner behind the applications.

Foundations Underway at 1448 Third Avenue on Manhattan’s Upper East Side

8:00 am on March 4, 2025 By Michael Young and Matt Pruznick

Foundations are underway at 1448 Third Avenue, the site of a 39-story mixed-use tower in the Yorkville section of Manhattan’s Upper East Side. Designed by CetraRuddy Architecture and developed by Douglaston Development, the 478-foot-tall structure will span 287,632 square feet and yield 125 condominium units with an average scope of 1,804 square feet. The building will also contain 40,864 square feet of commercial space, 21,224 square feet of community facility space, a cellar level, and a 20-foot-long rear yard. The property is alternately addressed as 170 East 83rd Street and located at the corner of Third Avenue and East 82nd Street.

33-33 Prince Street Nears Completion in Flushing, Queens

7:30 am on March 4, 2025 By Michael Young

Construction is nearing completion on 33-33 Prince Street, a four-story mixed-use building in Flushing, Queens. Designed by My Architect PC for Prince Real Estate LLC, the 55-foot-tall structure will yield 16,403 square feet of commercial and manufacturing space, according to zoning diagrams. The building will also contain a cellar level and a 20-foot-wide rear yard above the first level. The property is located on an interior lot between 33rd Avenue to the north and 35th Avenue to the south.

Office for New York City Department of Housing Preservation and Development, via nyc.gov

NYC Re-Launches J-51 Tax Abatement Program To Support Building Rehabilitation

7:00 am on March 4, 2025 By Max Gillespie

New York City has officially relaunched its J-51 tax abatement program, now rebranded as J-51 R, to support the rehabilitation and sustainability of rent-regulated, cooperative, and condominium buildings. The New York City Department of Housing Preservation and Development (HPD) has opened applications for the newly reformed program, with a three-month window for building owners to apply. This initiative is aimed at preserving affordable housing while facilitating compliance with the city’s climate mandates.

Permits Filed for 1871 Amsterdam Avenue in Harlem, Manhattan

6:30 am on March 4, 2025 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 1871 Amsterdam Avenue in Harlem, Manhattan. Located between West 152nd Street and West 153rd Street, the lot is near the 155th Street subway station, served by the A and C trains. Javier Martinez of Artifact is listed as the owner behind the applications.

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