The affordable housing lottery has launched for 305 East 165th Street, a seven-story residential building in Concourse, The Bronx. Designed by Marin Architects and developed by Stagg Group, the structure yields 72 residences and 17 parking spots. 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 $55,612 to $187,330.
Demolition is ramping up at 415 Madison Avenue, the site of a 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 605-foot-tall tower will yield 343,100 square feet of office space as well as a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse. The developer sought permits through the ULURP process and will build in compliance with the East Midtown sub-district regulations, with air rights purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services is the general contractor and Rudin Management is the owner of the property, which is located at the corner of Madison Avenue and East 48th Street.
Construction is rising on 33 Franklin Street, a seven-story residential building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch under the Franklin 33 LLC, the 80-foot-tall structure will yield 95,000 square feet with 80 units, with a portion dedicated to affordable housing, as well as ground-floor retail space and parking for 32 vehicles. The property is alternately addressed as 82 Calyer Street and is bound by Calyer Street to the north, Quay Street to the south, and Franklin Street to the east.
New York City mayor Eric Adams and New York Governor Kathy Hochul recently announced phase one of the Clean Heat for All Challenge, an initiative to spur manufacturers of heating and cooling equipment to develop new energy-efficient systems for multifamily NYCHA properties. The investment arrives from the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority and will support the development and production of 30,000 new heat pumps for NYCHA buildings.
The affordable housing lottery has launched for 160 Clarkson Avenue, a seven-story residential building in Flatbush, Brooklyn. Designed by Hill West Architects and developed by Ephraim Heimfield, the structure yields 116 residences and 58 enclosed parking spaces. Available on NYC Housing Connect are 26 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $187,330.
