Type A Real Estate Advisors and JASA recently completed a new affordable housing development at 1490 Southern Boulevard in The Bronx. The 100-percent affordable project is located in the borough’s Charlotte Gardens neighborhood and comprises 114 units for households making up to 50 percent area median income (AMI). Thirty percent of the units will be set aside formerly homeless older adults.
The affordable housing lottery has launched for 567 Ocean Parkway, an eight-story residential building in Kensington, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Sam Klein under the Ocean Parkway Apartments LLC, the structure yields 35 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
Permits have been filed for a five-story residential building for seniors at 849 Crotona Park North in Crotona Park East, The Bronx. Located between Marmion Avenue and Waterloo Place, the interior lot is three blocks from the 174th Street subway station, serviced by the 2 and 5 trains. Seth Coston of Time Equities Inc. is listed as the owner behind the applications.
Façade installation is getting closer to completion on 227 West Street, a two-tower residential development in the 22-acre Greenpoint Landing development along the East River in Greenpoint, Brooklyn. Designed by OMA and Beyer Blinder Belle and developed by Brookfield Property Partners and Park Tower Group, the 30- and 40-story towers will yield 745 rental units, with 30 percent planned as “income-targeted” apartments, marketed in accordance with the Affordable Housing New York program. James Corner Field Operations is the landscape architect, DeSimone Consulting Engineers is the structural engineer, Thornton Tomasetti is the façade consultant, and Highbury Concrete is responsible for building the 450- and 351-foot tall reinforced concrete superstructures, located off the corner of Eagle and West Streets.
The Hoboken Zoning Board of Adjustment has approved The Boundary, a 500,000-square-foot mixed-use development at 50 Harrison Street in New Jersey. The project will expand Mission 50, an existing co-working facility, to a new height of six stories.
