The affordable housing lottery has launched for 82 4th Avenue, a nine-story mixed-use building in Boerum Hill, Brooklyn. Designed by Lester Katz of BDF Architecture and developed by Abraham Posner, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $156,130.
Permits have been filed to expand a two-story structure into a four-story residential building at 50 Clifford Place in Mount Hope, The Bronx. Located between Jerome and Walton Avenues, the lot is one block from the 174-175 Streets subway station, serviced by the B and D trains. Steven Westreich of West Orchard Management is listed as the owner behind the applications.
The first curtain wall panels have begun installation on JPMorgan Chase‘s rising 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners and developed by Tishman Speyer, the 70-story skyscraper will yield 2.5 million square feet of office space for 15,000 employees, and will become the tallest structure in New York powered entirely by hydroelectric energy. Adamsom Associates is the architect of record, Banker Steel provided the steelwork, NYC Constructors is the steel subcontractor, Mueser Rutledge Consulting Engineers (MRCE) designed the structural foundation elements, Severud Associates is the engineer of record, R&R Scaffolding Ltd. will provide the BMU, and AEOCOM Tishman is the general contractor for the property, which occupies a full block bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.
Exterior work is nearing completion on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full gut renovation and exterior restoration to remediate damage from a six-alarm fire that ravaged the structure in September 2017. Empire State Development is the general contractor for the property, which is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.
Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 Bergenline Avenue and will also include a 152-vehicle parking garage and 2,400 square feet of retail space.
