The affordable housing lottery has launched for 1889 Atlantic Avenue, a nine-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by JFA Architects & Engineers and developed by The Jay Group, the structure yields 80 residences. Available on NYC Housing Connect are 27 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $68,435 to $218,010.
A new ten-year lease extension was recently signed by commerce media company Criteo at 387 Park Avenue South, a 13-story office building located in NoMad, Manhattan. Owned by TF Cornerstone, the building is currently at full occupancy.
Construction is rising on 540 Atlantic Avenue, a two-tower residential development in Boerum Hill, Brooklyn. Designed by NA Design Studio and developed by JCS Realty under the 540 Atlantic Realty LLC, the project consists of two eight-story, 84-foot-tall wings and will yield 159 units with an average scope of 682 square feet, as well as 4,843 square feet of ground-floor commercial space and 51 enclosed parking spaces. The through-lot property is located between 3rd and 4th Avenues with frontage on Atlantic Avenue and Pacific Street.
Work is wrapping up on 204 Avenue A, a seven-story affordable housing building in the Alphabet City section of Manhattan’s East Village. Designed by Shakespeare Gordon Vlado Architects and developed by New York City’s Housing Preservation and Development, the 69-foot-tall structure will span 14,029 square feet and yield ten co-op apartments with an average scope of 930 square feet, as well as 1,464 square feet of ground-floor commercial space, rooftop recreational space, and a 34-foot-long rear yard. The property is located on a narrow interior lot between East 12th and East 13th Streets.
Construction is complete on the Marymount School of New York’s newest school building at 115 East 97th Street on Manhattan’s Upper East Side. PG New York finalized the project by working on the storefronts and canopies on 97th and 98th streets. Designed by COOKFOX and developed by the Marymount School of New York, the ten-story building spans 152,500 square feet and includes modern STEAM classrooms, a FabLab, athletic and dining facilities, a music room, chapel, prayer garden, and theater. The through-lot property is located between Lexington and Park Avenues with frontage on East 97th and 98th Streets.
