Housing Lottery Launches for 130 Hope Street in Williamsburg, Brooklyn

6:30 am on March 19, 2023 By Vanessa Londono

The affordable housing lottery has launched for 130 Hope Street, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by J Frankl Associates and Charles Mallea Architect and developed by Solomon Schwimmer under the Hope-Keap Owner LLC, the structure yields 143 residences, 72 parking spaces, and 740 square feet of commercial space. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $100,252 to $215,150.

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Demolition Finishes at 1357 Second Avenue on Manhattan’s Upper East Side

8:00 am on March 18, 2023 By Michael Young and Matt Pruznick

Demolition is wrapping up at 1357 Second Avenue, the site of a 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by The Chetrit Group, which purchased the property for $47.2 million in 2018, the 230-foot-tall structure will yield 54 apartments spread across 150,000 square feet and 5,700 square feet of commercial space. The development also includes a four-story, 40-foot-tall annex that will yield an additional inventory of affordable housing units. CF East 72 Owner LLC is the owner and RIG Kingland Services is the general contractor for the project, which is located at the corner of Second Avenue and East 72nd Street.

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The 4519 White Plains Rod project team celebrates the construction milestone - [From left, to right] Carlton Roye, project manager at Galaxy Construction; Jack Coogan, principal at OCV Architects; Jimmy Zervoudis, principal at Galaxy Construction; John McDonald, interim president at The Doe Fund; Lucy Sanchez, DASNY project manager; and Jeff Chu, development director of finance at Robert Sanborn Development

The Plains Affordable Housing Project Tops Out at 4519 White Plains Road in Wakefield, The Bronx

7:30 am on March 18, 2023 By Sebastian Morris

Construction has topped out on The Plains, a nine-story mixed-income residential property at 4519 White Plains Road in the Wakefield section of The Bronx. Led by developers The Doe Fund and Robert Sanborn Development, the building will contain 98 deeply affordable homes, 20 apartments reserved for tenants 62 and older, and on-site supportive housing for 49 formerly homeless adults living with disabilities.

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