The affordable housing lottery has launched for St. Francis Commons, a seven-story mixed-use building at 1544 Shakespeare Avenue in Morris Heights, The Bronx. Designed by SLCE Architects and developed by Highbridge Community Development Corporation, the structure yields 110 residences. Available on NYC Housing Connect are 85 units for residents at 30 to 70 percent of the area median income (AMI), ranging in eligible income from $21,155 to $122,570.
Permits have been filed for a six-story residential building at 2951 Wallace Avenue in Allerton, The Bronx. Located between Adee Avenue and Williamsbridge Road, the lot is near the Burke Avenue subway station, serviced by the 2 and 5 trains. Long Lin is listed as the owner behind the applications.
Construction is reaching the final floors at 760 Madison Avenue, a 12-story mixed-use building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by COOKFOX and developed by SL Green Realty in a collaborative partnership with Giorgio Armani Corp., the 189-foot-tall structure will yield 91,179 square feet with ten condominium units and a 19,387-square-foot Giorgio Armani flagship boutique. Leeding Builders Group is the general contractor for the property, which is located at the corner of Madison Avenue and East 65th Street.
Lincoln Equities Group and H.I.G. Realty have announced plans to construct three new specialty manufacturing and biotech buildings at the Princeton West Innovation Campus in Hopewell, New Jersey. The commercial campus is located at 311 Pennington Rocky Hill and currently has 915,000 square feet of leasable space, plus an additional 35 acres of undeveloped land.
Permits have been filed to expand a three-story structure into a four-story residential building at 3885 Orloff Avenue in Van Cortlandt Village, The Bronx. Located between West 238th Street and Cannon Place, the lot is closest to the 242nd Street subway station, serviced by the 1 train. Herman Jakob of West Street Gardens LLC is listed as the owner behind the applications.