Hilton will debut its first-ever Tempo-branded hotel at the new TSX Broadway at 1568 Broadway in Times Square, Manhattan. L&L Holding Company and Fortress Investment Group, the owners and developers of the TSX Broadway building, also led development of the new hotel.
The affordable housing lottery has launched for Linden Terrace II, an eight-story mixed-use building at 573 Emerald Street in East New York, Brooklyn. Designed by Magnusson Architecture and Planning and developed by Radson Development, the structure yields 160 residences. Available on NYC Housing Connect are 129 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $16,183 to $115,850.
Exterior work is nearing completion on 96+Broadway, a 22-story residential building at 2551-2555 Broadway on Manhattan’s Upper West Side. Designed by Thomas Juul-Hansen with Stephen B. Jacobs Group as the architect of record and developed by Paragon JV Properties III, the 276,578-square-foot structure will yield 130 residences averaging 1,660 square feet apiece as well as 9,080 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the property, which is located at the corner of Broadway and West 96th Street, directly adjacent to the 96th Street subway station servicing the 1, 2, and 3 trains.
Construction has broken ground at 50 Sussex Avenue, a forthcoming rental property in Downtown Newark, New Jersey. From developers Tona Development and KS Group, the 203-unit property will top out at 150 feet or 15 stories above ground.
Permits have been filed for a seven-story mixed-use building at 1404 Stebbins Avenue in Crotona Park East, The Bronx. Located between East 170th Street and Boston Road, the lot is near the Freeman Street subway station, serviced by the 2 and 5 trains. Shang Dai of Kuafu Properties is listed as the owner behind the applications.
