Affordable Senior Housing Lottery Launches for 278 Eighth Avenue in Chelsea, Manhattan

6:30 am on August 29, 2023 By Vanessa Londono

The affordable housing lottery has launched for 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the structure yields 190 residences. Available on NYC Housing Connect are 48 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $26,092 to $198,250. For units where the income limit is set at 40, 60, and 80 percent of the AMI, units are designated for individuals or households that have at least one household member who is 62 years of age or older.

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Rendering of Zero Irving (Courtesy of Davis Brody Bond)

Zero Irving Completes Construction at 124 East 14th Street in Union Square, Manhattan 

8:00 am on August 28, 2023 By Michael Young and Matt Pruznick

Construction is complete on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square, Manhattan. Designed by Davis Brody Bond and developed in partnership by RAL Development Services and Junius Real Estate Partners, the 176,000-square-foot structure contains affordable and market-rate office space for technology firms as well as a three-floor education and training center, a tech incubator, coworking spaces, and a 10,000-square-foot ground-floor food hall managed by Urbanspace. JLL has served is the leasing and marketing agent for the office space and Suffolk Construction was the general contractor for the project, which is located along East 14th Street between Third Avenue to the east and Broadway to the west.

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288 Water Street Completes Construction in Vinegar Hill, Brooklyn

7:30 am on August 28, 2023 By Michael Young and Matt Pruznick

Construction is complete on 288 Water Street, a five-story residential building in Vinegar Hill, Brooklyn. Designed by Issac & Stern Architects and developed by EDRE, the 28,000-square-foot structure yields eight homes in three- to four-bedroom layouts, along with three enclosed parking spaces and a suite of amenities. The Shemesh Team at SERHANT is leading marketing and sales for the property, which is located at the corner of Water and Gold Streets.

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Housing Lottery Launches for 75 McGuinness Boulevard in Greenpoint, Brooklyn

6:30 am on August 28, 2023 By Vanessa Londono

The affordable housing lottery has launched for 75 McGuinness Boulevard, an eight-story residential building in Greenpoint, Brooklyn. Designed by Avalon Designs and developed by David Grunfeld under the GW BLVD LLC, the structure yields 32 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $198,250.

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