Construction has passed the halfway mark on 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 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project. Leeding Builders Group is the general contractor for the property, which is located along Eighth Avenue between West 23rd and West 24th Streets.
Construction has topped out on Maven, a 27-story mixed-use tower at 2413 Third Avenue in the Mott Haven section of the South Bronx. Designed by CetraRuddy and developed by RXR Realty, the structure will yield 145,643 square feet with 200 rental units, including 60 rent-stabilized units for middle-income households, as well as a small retail volume on the ground floor and a parking garage equipped with electric vehicle charging stations.
Permits have been filed for an 11-story mixed-use building at 87-79 Merrick Boulevard in Jamaica, Queens. Located between 88th Avenue and Hillside Avenue, the lot is three blocks from the 169th Street subway station, serviced by the E and F trains. Ridwan Kabir is listed as the owner behind the applications.
The affordable housing lottery has launched for 353 Miller Avenue, a five-story residential building in East New York, Brooklyn. Designed by BTE Design Services, the structure yields 14,578 square feet and 15 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $187,330.
Excavation and piling work is continuing for The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff and Apollo Global Management, the 600-foot-tall tower will yield 591 units with 30 percent reserved for affordable housing, as well as 30,000 square feet of retail space and a 12,000-square-foot cellar level. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the property, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.