3 Sutton Place’s Crown Installation Progresses in Midtown, Manhattan

8:00 am on August 17, 2021 By Michael Young

Crown work is moving along on 3 Sutton Place, an 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield 121 residential units with sweeping views of Manhattan. The site is a short walk from the Sutton Place Park North esplanade that overlooks the East River, Roosevelt Island, and Long Island City.

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435 West 19th Street’s Steel Addition Rises in Chelsea, Manhattan

7:30 am on August 17, 2021 By Michael Young

Construction is progressing on 435 West 19th Street, a three-story addition and residential conversion of a former warehouse building in Chelsea, Manhattan with Rand Engineering and Architecture listed as the architect of record. The steel-framed expansion will bring the structure to eight total stories with 18 units averaging 1,400 square feet apiece. Churchill Real Estate Holdings is the owner of the site, which went through a bankruptcy auction led by Meridian Investment Sales in the early months of 2020. The original owner Six Sigma filed for bankruptcy twice with over $40 million in debt after purchasing the property for $21 million in 2014. Countywide Builders Inc. is the general contractor for the project, which is located between Ninth and Tenth Avenues.

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Rendering of Timbale Terrace, a new affordable housing property and future home of the Afro-Latin Music and Arts (ALMA) Center

HPD Reveals Plans for New Afro-Latin Music and Arts Center and Nearly 600 Affordable Homes in East Harlem

7:00 am on August 17, 2021 By Sebastian Morris

The New York City Department of Housing Development and Preservation (HPD) has revealed two large-scale mixed-use properties in East Harlem that will create a new Afro-Latin Music and Arts (ALMA) Center and 600 affordable housing units. The ALMA Center will be operated by the Afro Latin Jazz Alliance and the housing units will serve low-income families and the formerly homeless.

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Affordable Housing Lottery Launches for 310 Graham Avenue in Williamsburg, Brooklyn

6:30 am on August 17, 2021 By Vanessa Londono

The affordable housing lottery has launched for 310 Graham Avenue, a seven-story residential building in Williamsburg, Brooklyn. Designed by architect Diego Aguilera and developed by South Williamsburg-based Cheskie Weiss, the structure yields 16,350 square feet and 24 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $192,400.

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