The affordable housing lottery has launched for 334 Evergreen Avenue, a four-story music-themed residential building in Bushwick, Brooklyn. Designed by S&S Architectural Design, the 6,958-square-foot development yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.
Residential conversion and expansion work is progressing on 67 Vestry Street, a 13-unit condominium building along Hudson River Park in Tribeca. Designed by BP Architects with Gachot Studios handling the interiors, the project involves a roof-level addition that will raise the structure from nine stories and 115 feet tall to 13 stories and 153 feet tall. Iliad Realty Group is developing the property, which it purchased for $55.5 million in 2017. Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the the 88,712-square-foot Romanesque revival edifice.
Construction is nearing topping out on Turken House, a 21-story mixed-use building at 300 East 41st Street in the Midtown, Manhattan neighborhood of Murray Hill. Designed by Perkins + Will for a non-profit company called The Turken Foundation, the nearly 80,000-square-foot structure will stand 227 feet tall and provide Turkish students with 82 turnkey residences, both single- and double-occupancy quarters, and help with scholarships and job opportunities in the United States. 300 East 41st Street is located at the corner of East 41st Street and Second Avenue, near both the United Nations and Grand Central Terminal, and was previously occupied by two low-rise properties that were purchased for a combined $17.5 million.
Leasing has officially kicked off at One Boerum Place, a 22-story rental building in Downtown Brooklyn. The new development introduces 96 apartments ranging from one- to four-bedroom layouts and a suite of amenities.
The affordable housing lottery has launched for 383 12th Street, a five-story residential building in Park Slope, Brooklyn. The 6,876-square-foot development was built in 2004 and yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,835 to $139,620.
