Housing Lottery Launches for 101 Units at Williamsburg Apex in South Williamsburg, Brooklyn

The affordable housing lottery has launched for Williamsburg Apex, a pair of eight-story mixed-use buildings at 28 Boerum Street and 255 Lorimer Street in South Williamsburg, Brooklyn. Developed by Loketch Group, Joyland Group, and Meral Property Group, the structures yield 336 residences. Available on NYC Housing Connect are 101 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $218,010.

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$39.5 Million Penthouse Comes to Market at The Cortland in Manhattan’s West Chelsea

The largest penthouse at The Cortland has just come to market in West Chelsea. Located at 555 West 22nd Street overlooking Hudson River Park, the 25-story condominium building comprises 144 residences and nearly 20,000 square feet of residential amenities and services. Developed by Related Companies, in partnership with Mitsui Fudosan America, The Cortland is designed by Robert A.M. Stern Architects with interiors by Olson Kundig. Related Sales LLC and CORE Group are the exclusive co-sales and marketing agents for the project.

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218 Front Street Nears Completion in Vinegar Hill, Brooklyn

Exterior work is finishing up on 218 Front Street, a seven-story, two-building residential complex in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect and developed and built by Chess Builders, the project will yield 218 rental apartments with 66 affordable housing units, as well as 350 square feet of commercial space and 180 square feet of community space on the ground floor. The property is bound by Front Street to the north and York Street to the south, and was formerly occupied by a one-story industrial warehouse and an open-air lumber yard.

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Foundations Underway At 126 Hester Street in Chinatown, Manhattan

Foundations are progressing at 126 Hester Street, the site of a seven-story mixed-use building in Chinatown, Manhattan. Designed by Issac & Stern Architects and developed by Ruoxu You under the Fortune Assets LLC, the 70-foot-tall structure will span 14,427 square feet and yield eight condominium units with an average scope of 1,037 square feet, as well as 5,839 square feet of commercial space, 284 square feet of community facility space, and a cellar level. The property is located on an interior lot between Chrystie Street and Bowery.

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