The affordable housing lottery has launched for 668 Bushwick Avenue, a six-story mixed-use building in Bushwick, Brooklyn. Designed by Genaro Urueta and developed by Tsvi Lipsitz of Affordable Housing Real Estate Corp., the structure yields 52 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $71,658 to $167,570.
Construction is nearing completion on 113 West 24th Street, a 39-story Marriott hotel located in the Midtown, Manhattan district of Chelsea. Designed by Stonehill & Taylor Architects and developed by Lam Generation, the 420-foot-tall reinforced concrete tower was last reported to yield 360 guest rooms, each averaging around 380 square feet apiece. Flintlock Construction Services, LLC is the general contractor for the project, which is located between Sixth and Seventh Avenues.
Exterior work is progressing on 50 Trinity Place, a 28-story Aloft Hotel in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property for $15 million in 2012, the 77,310-square-foot reinforced concrete tower will yield 173 guest rooms at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church. Cauldwell Wingate is serving as the general contractor for the project.
Leasing officially launched this week for Vermella at Garwood Station, a new residential complex in Garwood, New Jersey. From Russo Development, the property introduces 296 apartments, 40,000 square feet of indoor and outdoor amenity spaces, and 19,500 square feet of retail.
The affordable housing lottery has launched for 101 West End Avenue, a 35-story residential building on the Upper West Side of Manhattan. Designed by SLCE Architects and developed by The Dermot Company, the structure was built in 1999 and yields 498 residences. Available on NYC Housing Connect are 26 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,200 to $167,570.
