Housing Lottery Launches for 8 Marcy Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 8 Marcy Avenue, an eight-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Kutnicki Bernstein Architects, the structure yields 123 residences and 54 parking spaces. Available on NYC Housing Connect are 37 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $57,395 to $187,330.

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Excavation Begins for 1,067-Foot Tower at 740 Eighth Avenue in Midtown, Manhattan

Excavation and pilings are underway at 740 Eighth Avenue, the site of a 1,067-foot-tall hotel and observation tower in Midtown, Manhattan. ODA is the design architect, SLCE Architects is the architect of record, and Extell is developing the 52-story supertall skyscraper that will yield 776,000 square feet with an 825-room hotel in the tower base and an upper observatory spanning four floors with a drop ride attraction. The building will also contain retail space, two upper restaurant floors, and a pool deck. The top observatory floor will serve as an exclusive VIP space. Lendlease is listed as the general contractor, WSP is the structural engineer,  and Ancora Engineering is handling the excavation and drilling for the foundations of the property, which is located between West 45th and 46th Streets.

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Foundations Underway at 27-49 Jackson Avenue in Long Island City, Queens

Construction has resumed on 27-49 Jackson Avenue, a 13-story residential building in Long Island CityQueens. Originally designed by Raymond Chan Architect and developed by ARCFE, the project stalled in 2020 after seven floors were built. The project has now resumed under the ownership of 27-51 Jackson Avenue, with an additional superstructure slated to rise directly to the east and connect to the previously built floors. DHC Contracting is the general contractor for the property, which is located at the corner of Jackson Avenue and 42nd Road.

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Rendering of 11 Park Drive in Wyandanch Village

Affordable Senior Housing Project Debuts at 11 Park Drive in Wyandanch Village, Long Island

A new affordable housing project for seniors is now open at 11 Park Drive in Wyandanch Village, a 40-acre master-planned community in Suffolk County, Long Island. Developed in partnership by Albanese Development Corporation and Selfhelp Realty Group, the five-story building features 64 apartments for seniors 62 years and older, all designated for households earning at or below 70 percent area median income (AMI).

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