The affordable housing lottery has launched for 524 Ocean View Avenue, a five-story residential building in Brighton Beach, Brooklyn. Designed by Zproekt and developed by Raymond Guindi, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Construction is complete on 28&7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Corem and GDSNY, the reinforced concrete superstructure yields 105,000 square feet of office space marketed by CBRE. Triton Construction was the general contractor for the project, which is located at the corner of West 28th Street and Seventh Avenue, directly above the 28th Street subway station, servicing the local 1 train. The developers are aiming for LEED Gold and WELL certifications.
Leasing is now underway at One Clinton Park, a new 28-story mixed-use tower with 352 rental units. Located at 55 Clinton Place in New Rochelle, One Clinton Park is RXR Realty’s latest development in the city’s downtown neighborhood and is on track to open this spring.
Permits have been filed for a two-tower, 17-story mixed-use building at 840 Atlantic Avenue in Prospect Heights, Brooklyn. Located between Atlantic Avenue and Pacific Street on Vanderbilt Avenue, the lot is near the 2, 3, 4, 5, N, Q, and R trains at the Atlantic Avenue-Barclays Center station, and the Long Island Railroad at Atlantic Terminal. Tom Li of Suzuki Capital is listed as the owner behind the applications. In September 2021, New York City Council approved proposals to construct a new 18-story mixed-use building, developed by Atlantic-Vanderbilt Holdings LLC and designed by IMC Architecture, with a mix of market-rate and income-restricted apartments, retail space, a community arts center, and a sub-grade parking garage.
Permits have been filed for a 12-story mixed-use building at 219 West 125th Street in Harlem, Manhattan. Located between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard, the lot is within walking distance of several subway lines, including A, B, C, D, 2, and 3 trains. BBM Construction Corp. is listed as the owner behind the applications.
