Affordable Housing Lottery Launches for 597 Grand Street in Williamsburg, Brooklyn

The affordable housing lottery has launched for 597 Grand Street, a nine-story mixed-use building in Williamsburg, Brooklyn. Designed by NY Building Associates and developed by Yitzchok Katz of Developing NY State, the structure yields 185 residences. Available on NYC Housing Connect are 56 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $63,155 to $218,010.

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1522 First Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

Façade installation is nearing completion on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and 80th Streets.

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26-04 Jackson Avenue Wraps Up Construction in Long Island City, Queens

Construction is coming to a close on 26-04 Jackson Avenue, a 14-story residential building in Long Island City, Queens. Designed by Kao Hwa Lee Architects and developed by CW Realty, the 149-foot-tall structure will span 58,222 square feet and yield 82 rental units with an average scope of 710 square feet, as well as ground-floor retail space and a cellar level. Jackson Holdings NY LLC is listed as the owner of the property, which is located at the corner of Jackson Avenue and 44th Drive.

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