Housing Lottery Launches for 1516 Park Avenue in East Harlem, Manhattan

The affordable housing lottery has launched for 1516 Park Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by Karl Fischer and developed by Isaac Schwartz, the structure yields 44 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $187,330.

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New Renderings Revealed for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

YIMBY has an exclusive set of new renderings for a 47-story residential skyscraper at 550 Tenth Avenue in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot tower will yield 453 units with 316 at market rate and 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. Demolition is complete and foundations are underway at the site, which is located along Tenth Avenue between West 40th and 41st Streets.

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115 East 55th Street Completes Construction in Midtown East, Manhattan

Construction is complete on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall structure yields 71,961 square feet and 58 units. CM & Associates Construction Management served as the general contractor for the Midtown property, which is located on a relatively small plot between Lexington and Park Avenues, directly to the east of Norman Foster‘s 425 Park Avenue.

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