Housing Lottery Launches for 881 Lexington Avenue in Stuyvesant Heights, Brooklyn

The affordable housing lottery has launched for 881 Lexington Avenue, a six-story mixed-use building in Stuyvesant Heights, Brooklyn. Designed by Issac & Stern Architects and developed by Hung Pin Hung of Pro H Designs, the structure yields 24 residences, ground-floor commercial space, and 12 parking spaces. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $156,130.

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FIT’s New Academic Building Rises at 220 West 28th Street in Chelsea, Manhattan

Construction is rising on the Fashion Institute of Technology‘s New Academic Building, a ten-story structure at 220 West 28th Street in the Garment District of Chelsea. Designed by SHoP Architects, the 110,000-square-foot facility will yield new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company Inc. is the general contractor for the Midtown project, which is located between Seventh and Eighth Avenues, within walking distance of Penn StationMadison Square Garden, and Moynihan Train Hall. The New Academic Building is aiming for LEED Gold certification upon completion.

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Housing Lottery Launches for 539 Vanderbilt Avenue in Clinton Hill, Brooklyn

The affordable housing lottery has launched for 539 Vanderbilt Avenue, a 29-story residential tower at 550 Clinton Avenue in Clinton Hill, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the structure yields 284 apartments and about 60,000 square feet of retail space. Available on NYC Housing Connect are 80 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,206 to $215,150.

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