MAG Partners is teaming up with affordable housing cooperative Penn South to redevelop 335 Eighth Avenue in Chelsea, Manhattan. The new seven-story mixed-use building will include ground-floor commercial space and 200 residential units with affordable housing for low- and middle-income residents. COOKFOX is designing the 200,000-square-foot structure.
Full demolition permits have been filed for 1305-1307 Third Avenue and 202 East 75th Street on the Upper East Side of Manhattan. Located at the southeast corner of Third Avenue and East 75th Street, the 8,178-square-foot site has 101 feet of street frontage.
Demolition preparations have begun at 266 West 96th Street, the site of a 23-story residential building on Manhattan’s Upper West Side. Developed by Fetner Properties, the structure is planned to yield 171 apartments, with 91 regular-sized homes and 80 micro units marketed to seniors ranging from 290 to 340 square feet each. Sixty-eight apartments would be allocated toward permanent affordable housing, while all residents would be provided free amenity access that includes a health club. The site is located between Broadway and West End Avenue.
This week, development partners Kushner Real Estate Group and National Real Estate Advisors celebrated the opening of the second rental skyscraper at Journal Squared. Located at 537 Summit Avenue in Jersey City, the new 68-story tower stands 754 feet tall and comprises 704 residences.
Avery Hall Investments has unveiled plans for a mixed-use project addressed as 272 4th Avenue on the border of Gowanus and Park Slope in Brooklyn. The Brooklyn-based developer is also responsible for the design of the 130,000-square-foot development at the corner of 4th Avenue and Carroll Street, and recently increased the site assemblage with a $5.3 million purchase of 274 4th Avenue and 538 Carroll Street.