The affordable housing lottery has launched for 173 Johnson Avenue, a seven-story residential building in Bushwick, Brooklyn. Designed by ND Architecture & Design and developed by Watermark Capital, the structure yields 52 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,686 to $167,570.
Permits have been filed for a seven-story residential building at 1962 Anthony Avenue in Tremont, The Bronx. Located between East 178th Street and Anthony Avenue, the lot is near the Tremont Avenue subway station, serviced by the B and D trains. Joel Waldman under the 1962A LLC is listed as the owner behind the applications.
Demolition has begun on 665 Fifth Avenue, where Rolex is replacing its former 12-story International Style headquarters with a modern 21-story tower in Midtown. Designed by David Chipperfield Architects and developed by Rolex Realty Company LLC, the new building will feature office space and retail frontage. Howard I. Shapiro & Associates filed permits last summer for the project, which is located on an 11,050-square-foot parcel at the intersection of Fifth Avenue and East 53rd Street.
Newark’s historic Walker House at 540 Broad Street is now home to a local brewery and a 22,000-square-foot indoor rock-climbing gym, the latest phase of a multimillion-dollar redevelopment plan led by LMXD, Prudential Financial Inc., and Goldman Sachs Urban Investment Group. Located in the heart of downtown, Newark Local Beer and Method Climbing + Fitness sit below 20 stories of rentals that debuted in 2020.
Permits have been filed for an eight-story mixed-use building at 310 North 7th Street in Williamsburg, Brooklyn. Located between Meeker Avenue and Havemeyer Street, the lot is one block from the Metropolitan Avenue subway station, serviced by the G train. Yisroel Greenfeld is listed as the owner behind the applications.