Permits have been filed to expand a one-story structure into a four-story mixed-use building at 85-15 Grand Avenue in Elmhurst, Queens. Located between Simonson Street and Van Kleeck Street, the lot is three blocks from the Grand Avenue – Newtown subway station, serviced by the M and R trains. Xin Lin of 8515 Grand Realty LLC is listed as the owner behind the applications.
The affordable housing lottery has launched for 195 Herzl Street, a four-story residential building in Brownsville, Brooklyn. Designed by Wu (Woody) Chen of Infocus and developed by Yehuda Vaknin, the structure yields eight residences with a cellar and penthouse. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,429 to $156,130.
The ninth-tallest building on our December countdown is 520 Fifth Avenue, a 995-foot-tall mixed-use supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 76-story structure will span 507,608 square feet and yield 98 residential units, commercial space, and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the facade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street.
Local officials from the Town of Mount Pleasant unanimously approved zoning amendments that will facilitate the construction of North 80, a three-million-square-foot science and technology village. Located in Valhalla, a hamlet within Westchester County, the development will take shape next to the Westchester Medical Center, New York Medical College, and near the expansive Regeneron Pharmaceuticals complex.
The affordable housing lottery waiting list has launched for Waterside Plaza, a complex with five mixed-use buildings at 10, 20, 25, 30, and 40 Waterside Plaza in Kips Bay, Manhattan. Owned by Brookfield Asset Management as of 2021, the structure yields 1,470 residences. Available on NYC Housing Connect are 26 units for residents at 130 and 160 percent of the area median income (AMI), ranging in eligible income from $86,606 to $264,800. New tenants get one month rent free.
