The affordable housing lottery has launched for 317 Franklin Avenue, a five-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by Amr Ouda of Jay Architect & Engineering and developed by Waterfront Property Management, the structure yields ten residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $104,880 to $198,250.
Permits have been filed to expand a two-story structure into a nine-story mixed-use building at 11-8 30th Road in Astoria, Queens. Located between Vernon Boulevard and 12th Street, the lot is closest to the 30th Avenue subway station, serviced by the N and W trains. Vicki Saali under the 3055 Vernon LLC is listed as the owner behind the applications.
Construction on TSX Broadway, a 47-story hotel tower at 1568 Broadway in Times Square, reached a milestone as crews turned on TSX Entertainment’s 18,000-square-foot podium LED display. Designed by Perkins Eastman and Mancini Duffy and developed by L&L Holding Company and Fortress Investment Group, the 550,000-square-foot structure will yield 661 hotel rooms operated by Tempo by Hilton, as well as 100,000 square feet of retail space on the lower levels and Times Square’s only cantilevering outdoor performance stage. Positioned above the new retail space is the historic Palace Theater, which was renovated by PBDW Architects and lifted 30 feet above street level in early 2022. Pavarini McGovern is the general contractor for the property, which is located at the corner of Seventh Avenue and West 47th Street.
Renovation 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 interior and exterior refurbishment following a six-alarm fire that heavily damaged the structure in 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.
New York Blood Center Enterprises will soon open its first vertical campus in Westchester County, New York, where construction broke ground this month. Located at 601 Midland Avenue in Rye, the existing building will be gutted and transformed to accommodate state-of-the-art life sciences research space, blood collections tools, and cell therapy manufacturing facilities.