The affordable housing lottery has launched for 420 Gates Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Z Architecture and developed by Tower Real Estate Investments, the six-story mixed-use building yields 44 residential units. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $167,570.
The steel superstructure has reached the halfway mark on Two Manhattan West, a 935-foot-tall office skyscraper in Midtown West. Designed by Skidmore Owings & Merrill and developed by Brookfield, the 58-story building is rising at the corner of West 31st Street and Ninth Avenue, directly to the south of its 996-foot-tall fraternal twin, One Manhattan West. Two Manhattan West will yield a total of two million square feet and its construction is expected to cost around $2 billion.
Construction has topped out on 540 Waverly Avenue, a nine-story mixed-use building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by The Daten Group, the 117,000-square-foot structure will yield 135 rental apartments spread across 91,000 square feet, including 40 units reserved for affordable housing, as well 6,000 square feet of ground-floor retail and a 56-vehicle parking garage. The property is located at the corner of Atlantic and Waverly Avenues.
Sorin Medical, one of the nation’s leading cardiovascular health providers, is the latest company to relocate its flagship headquarters to 120 Wall Street. Located in Manhattan’s Financial District, the property has received comprehensive upgrades to existing infrastructure, exterior facade, and interior spaces to better suit the modern office tenant.
The affordable housing lottery has launched for 428 Wythe Avenue, a six-story mixed-use development in Williamsburg, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Vision Development, the building yields 37 residential units and eight commercial spaces. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $88,389 to $192,400.