The affordable housing lottery has launched for 5203 Center Boulevard, a 56-story mixed-use residential building in Long Island City, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the waterfront structure yields 855,541 square feet. Available on NYC Housing Connect are 534 units for residents at 40 to 165 percent of the area median income (AMI), ranging in eligible income from $20,606 to $212,685.
Façade installation is continuing on the lower portions of the NoMad Ritz Carlton, a 580-foot-tall hotel skyscraper at 1185 Broadway. Designed by Rafael Vinoly and developed by Marriott, Ritz Carlton Hotels, and Flag Luxury Properties, the 40-story structure will yield 250 guest rooms spread across 150,000 square feet at the corner of Broadway and West 28th Street.
The brick and glass curtain wall is nearing completion on 351 Marin Boulevard, a 383-foot-tall residential tower in downtown Jersey City. Designed by Hollwich Kushner in collaboration with HLW International and developed in a joint venture between KRE Group and Northwestern Mutual, the 38-story edifice will yield 507 residential units, 8,000 square feet of commercial space, 203 parking spaces, and a 4,500-square-foot public plaza with a freestanding pavilion. The property is located on a rectangular parcel bound by Marin Boulevard to the east, 1st Street to the north, Bay Street to the south, and low-rise buildings to the west.
Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.
The Department of City Planning is now reviewing Environmental Impact Statements for a six-building expansion of Stevenson Commons in the Soundview section of The Bronx. Owned by Camber Property Group, the development site is located at White Plains Road and 1850 Lafayette Avenue and currently comprises nine Mitchell-Lama buildings spanning 990,050 square feet.