770-774 Lexington Avenue in Bed-Stuy, Brooklyn. Credit: Input Creative Studio via NYC Housing Connect

Affordable Housing Lottery Launches for 770-774 Lexington Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for 770-774 Lexington Avenue, a four-story residential development in Bedford-Stuyvesant, Brooklyn. Designed by Jeffrey Sandor Orling Architect, the 9,887-square-foot building will yield ten units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income, ranging in eligible income from $76,972 to $159,640.

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305 First Avenue in Gramercy, Manhattan

Permits Filed for 305 First Avenue in Gramercy, Manhattan

Permits have been filed for a ten-story mixed-use building at 305 First Avenue in Gramercy, Manhattan. Located at the intersection of East 18th Street and First Avenue, the corner lot is three blocks north of the First Avenue subway station, serviced by the L train. Minrav Development under the 305 First Avenue Owner LLC is listed as the owner behind the applications, after acquiring the site in early 2020.

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540 Fulton Street, designed by Marvel Architects

540 Fulton Street’s Exterior Nears Completion in Downtown Brooklyn

Exterior work is nearing completion on 540 Fulton Street, a 511-foot-tall mixed-use skyscraper in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 43-story, 330,000-square-foot building will yield 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail on the lower podium floors. The project is located at the intersection of Flatbush Avenue and Fulton Street.

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