Construction has broken ground on phase one of Bronx Point, a mixed-use development in the South Bronx. In addition to 542 affordable housing units, phase one includes construction of the Universal Hip Hop Museum, 2.8 acres of public open space, and a robust mix of community facilities.
The affordable housing lottery has launched for 1402 York Avenue, an 11-story residential building on the Upper East Side of Manhattan. Designed by Kossar + Garry Architects and developed by Crest Group, the development consists of ten out of 11 homeownership units being sold at below-market rates. Available on NYC Housing Connect are ten units for residents at 63 percent of the area median income (AMI), ranging in eligible income from $43,488 to $60,165.
Sales are now underway at FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the structure will yield 50 units spread across 80,000 square feet of residential space. Fredrik Eklund and John Gomes of The Eklund Gomes Team at Douglas Elliman are handling marketing and sales of the one- to three-bedroom units. Prices begin at $1.3 million for homes at the property, located at the corner of West 14th Street and Sixth Avenue.
St. Francis College will soon relocate its New York campus to The Wheeler Building at 181 Livingston Street in Downtown Brooklyn. The new facility is expected to open in September 2022 and includes the introduction of new academic programs, dining area, event spaces, and collaborative areas.
The affordable housing lottery has launched for 348 Nostrand Avenue, a seven-story residential building in Bedford-Stuyvesant, Brooklyn. The development yields 32,407 square feet and is designed by Tarlan Design Build. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $62,572 to $139,620.