Demolition for 27-Story Pace University Tower Complete at 15 Beekman Street in Financial District

7:30 am on August 8, 2021 By Michael Young

Demolition is now complete at 15 Beekman Street, the site of a 27-story academic center and dormitory for Pace University in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall structure will be addressed as 126-132 Nassau Street and yield 213,084 square feet of classrooms, dorms, a dining facility, a library, and a learning center. The building will also have a cellar, sub-cellar, and a 20-foot-long rear yard.

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Rendering of 1325 Jerome Avenue (formerly 1331 Jerome Avenue) - GF55 Partners; The Doe Fund

New York State Announces $35 Million in Construction Financing to Facilitate Supportive Housing Developments

7:00 am on August 8, 2021 By Sebastian Morris

The State of New York has announced a sixth round of funding for the Empire State Supportive Housing Initiative, an ambitious plan to create or preserve over 100,000 affordable and at least 6,000 supportive housing units. For this round, the state will release $35 million in financing aimed at creating at least 1,400 supportive housing units.

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Balton Commons at 267 West 126th Street in Harlem, Manhattan. Courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for Balton Commons in Manhattan’s Harlem

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

The affordable housing lottery has launched for Balton Commons, a seven-story mixed-use building at 267 West 126th Street in Harlem, Manhattan. Designed by Aufgang Architects and developed by Lemor Development Group and Apex Building Group, the structure also yields a tech incubator space managed by non-profit Silicon Harlem, ground-floor commercial space, and community facility space. Available on NYC Housing Connect are 32 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $0 to $148,000.

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Brooklyn Bridge Park’s Emily Roebling Plaza Takes Shape in DUMBO, Brooklyn

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

Work is taking shape on the $8 million Emily Roebling Plaza underneath the Brooklyn Bridge in DUMBO, Brooklyn. The final component of the 1.3-mile-long Brooklyn Bridge Park complex designed by Michael Van Valkenburgh Associates, Inc., the plaza honors Emily Roebling, who supervised the completion of the Brooklyn Bridge and became the first person to cross it in a horse-drawn carriage after its opening on May 24, 1883. The 2-acre park, located right off of Water Street near the DUMBO Brooklyn Bridge Park ferry terminal, broke ground amid a snowstorm on December 9, 2020. Attending and speaking at the ceremony were Kriss Roebling, Emily’s great-great grandson, along with his wife Meg Roebling and their two children Chase and August Roebling.

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Governor's Island - Photo by Mariusz Lopusiewicz

The Trust for Governors Island Awarded Urban and Community Forestry Grant by the State of New York

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

The New York State Department of Environmental Conservation has awarded an Urban Forestry Grant to The Trust for Governors Island that will be used to effectively manage the island’s historic trees and new plantings. This includes the completion of an island-wide tree inventory and the installation of a community forest management plan led by a dedicated arborist.

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