Construction has topped out on Sherman Plaza, a 19-story mixed-use building at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects and developed by Arden Group, the structure will yield 222 rental apartments, lower-level retail space, a community facility, and tenant amenities. The latter will include a fitness center, a children’s playroom, a resident lounge, and multiple outdoor terraces.
The affordable housing lottery has launched for The Tate, a 14-story residential building built in 2002 at 535 West 23rd Street in Chelsea, Manhattan. Designed by Rockwell Group and developed by Related Companies, the structure yields 430 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 $101,486 to $187,330.
This week the New York City Landmarks Preservation Commission (LPC) designated the Linden Street Historic District in Bushwick due to the neighborhood’s historic streetscape and distinctive row houses designed by Brooklyn architects.
Construction is rising on 520 Fifth Avenue, an 88-story residential 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 1,002-foot-tall skyscraper will yield 507,608 square feet with 100 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade 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, one block north of Bryant Park.
The Durst Organization has opened a new 100-percent affordable housing property at 3-24 27th Avenue in Astoria, Queens. Designed by Dattner Architects, the 14-story building is located within the Durst Organization’s Halletts Point mega-development, which will eventually comprise seven buildings, 1,920 market rate apartments, and 480 affordable housing units along the East River waterfront.
