Leasing at The Beach in Jersey City recently surpassed 75 percent just ten weeks after launching this summer. Those stats make the waterfront property LeFrak Organization’s fastest lease-up development to date and reflect a resilient demand for residential properties in the city’s Gold Coast area.
The affordable housing lottery has launched for The Pilot, an eight-story mixed-use building at 1543 East 19th Street in Midwood, Brooklyn. Designed by Bricolage Designs, the structure yields 67,810 square feet and 50 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $64,972 to $167,570.
Full demolition permits have been filed for 488 West 207th Street in Inwood, Manhattan. In 2015, Taconic Partners acquired the leasehold interest for the 59,949-square-foot site also addressed as 410 West 207th Street and located between Ninth and Tenth Avenues.
Population in New York City reached 8.8 million in 2020, an increase of 629,000 since 2010, according to new data released by The Census Bureau. The 2020 census was the 24th count and the first time that households could respond to the census online, a change many are touting led to more accurate data.
Exterior work is approaching completion on 212 West 93rd Street, a 14-story condominium building on Manhattan’s Upper West Side. Designed by Eran Chen, head of ODA, the 65,000-square-foot project is being developed by Landsea Homes and Leyton Properties, which acquired the 9,000-square-foot plot from the Shaare Zedek Congregation for $34.3 million. The property will yield 20 units designed by GRADE New York and marketed by The Lindsey Stokes Team, a division of real estate brokerage Compass. Homes will range from one- to four-bedroom layouts with some full-floor penthouses. The property will also contain the Shaare Zedek Synagogue, which will have its own separate entrance on the first floor.
