New York YIMBY

Affordable Housing Lottery Launches for 567 Ocean Parkway in Kensington, Brooklyn

7:00 am on October 8, 2021 By Vanessa Londono

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 Filed for 849 Crotona Park North in Crotona Park East, The Bronx

6:30 am on October 8, 2021 By Vanessa Londono

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.

227 West Street’s Façade Reaches Both Pinnacles in Greenpoint, Brooklyn

8:00 am on October 7, 2021 By Michael Young

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.

Rendering of The Boundary - courtesy of JDA Group

Hoboken Zoning Board Approves Mixed-Use Development at 50 Harrison Street in Hoboken, New Jersey

7:30 am on October 7, 2021 By Sebastian Morris

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.

Affordable Housing Lottery Launches for 1510 Gates Avenue in Bushwick, Brooklyn

7:00 am on October 7, 2021 By Vanessa Londono

The affordable housing lottery has launched for 1510 Gates Avenue, an 11-story residential building in Bushwick, Brooklyn. Designed by NY Building Associates Inc. and developed by The Horizon Group, the structure yields 70 residences. Available on NYC Housing Connect are 21 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $167,570.

Permits Filed for 317 Franklin Avenue in Bed-Stuy, Brooklyn

6:30 am on October 7, 2021 By Vanessa Londono

Permits have been filed for a five-story residential building at 317 Franklin Avenue in Bedford-Stuyvesant, Brooklyn. Located between Lafayette Avenue and Clifton Place, the interior lot is one block east of the Classon Avenue subway station, serviced by the G train. Moses Karpen of Waterfront Property Management is listed as the owner behind the applications.

55 Suffolk Street’s Superstructure Rises Above Street Level on Manhattan’s Lower East Side

8:00 am on October 6, 2021 By Michael Young

Construction is rising on 55 Suffolk Street, a 30-story mixed-use building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is part of the two-building Broome Street Development complex along with the 16-story 64 Norfolk Street. The complex will span 387,223 square feet and yield 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for both developments, which are being built near the intersection of Broome and Norfolk Streets.

5 Boro Real Estate Partners Purchases 2970 Third Avenue in the South Bronx for $8.75M

7:30 am on October 6, 2021 By Sebastian Morris

The Jackson Group recently sold 2970 Third Avenue, a 25,000-square-foot retail property in the South Bronx, to 5 Boro Real Estate Partners for $8.75 million. The new owners intend to redevelop the property into a 100,000-square-foot mixed-use building.

Housing Lottery Launches for 1600 East 19th Street in Midwood, Brooklyn

7:00 am on October 6, 2021 By Vanessa Londono

The affordable housing lottery has launched for 1600 East 19th Street, an eight-story mixed-use residential building in Midwood, Brooklyn. Designed by Studio Gallos and developed by Gabriel Sakass of 1590 East 19th Street LLC, the structure yields 22 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.

Permits Filed for 5402 Fort Hamilton Parkway in Borough Park, Brooklyn

6:30 am on October 6, 2021 By Vanessa Londono

Permits have been filed for a seven-story commercial building at 5402 Fort Hamilton Parkway in Borough Park, Brooklyn. Located at the intersection of Fort Hamilton Parkway and 54th Street, the corner lot is four blocks from the 50th Street subway station, serviced by the D train. Joshua Markovics of Royal Builders Development under the FT 5402 LLC is listed as the owner behind the applications.

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