Housing Lottery Ending Soon for 2442 Ocean Avenue in Sheepshead Bay, Brooklyn

7:00 am on July 7, 2022 By Vanessa Londono

The affordable housing lottery ends on July 8 for 2442 Ocean Avenue, a seven-story mixed-use residential building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Yaacov Azrad, the structure yields 105 residences and a 1,856-square-foot community facility space on the ground floor used as a medical center. Available on NYC Housing Connect are 32 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $49,715 to $187,330.

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130 William Street Wraps Up Construction in Financial District, Manhattan

8:00 am on July 6, 2022 By Michael Young

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

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Permits Filed for 40-Story Office Skyscraper at 415 Madison Avenue in Midtown East, Manhattan

7:00 am on July 6, 2022 By Vanessa Londono

Permits have been filed for a 40-story office tower at 415 Madison Avenue in Midtown East, Manhattan. Located at the intersection of East 48th Street and Madison Avenue, the lot is within walking distance of the Grand Central subway station, serviced by the 4, 5, 6, and 7 trains. Albert Sanfilippo of Rudin Management is listed as the owner behind the applications which sought special permits through ULURP for the overbuilt floor area for air rights from the landmarked St. Bartholomew’s Church along Park Avenue.

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