The affordable housing lottery has launched for 1638 Park Avenue, a nine-story residential building in East Harlem, Manhattan. Designed by Marin Architects and developed by Affect Property Group, the structure yields 24 residences. Available on NYC Housing Connect are six units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $31,818 to $122,000.
Construction is moving along on 500 Main Street, a 26-story mixed-use tower in downtown New Rochelle, New York. Designed by Niles Bolton Associates and developed by BRP Companies and the Urban Investment Group of Goldman Sachs Asset Management, the $200 million project will span 620,000 square feet and yield 477 rental apartments in studio to two-bedroom layouts, with 119 units dedicated to affordable housing, as well as 20,000 square feet for the New York Covenant Church, 2,000 square feet of retail space, and a 429-vehicle parking garage with electric vehicle charging stations. Skycore Builders Inc. is the general contractor for the development, which is being built on a 22,500-square-foot corner lot at the intersection of Main and Church Streets.
The affordable housing lottery has launched for 1716 East 54th Street, a three-story residential building in Flatlands, Brooklyn. Designed by Bricolage Designs and developed by Pouyafar Fouad under the 1716 Holding LLC, the structure yields 11 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $123,429 to $198,250.
Plans have been revealed for Hudson Yards Phase Two, the latest bid for a potential mixed-use casino development in Manhattan. Partners Related Companies and Wynn Resorts filed plans with the Department of City Planning calling for a $12 billion complex consisting of multiple skyscrapers that would yield 1,500 apartments, 2 million square feet of office space, a public school and daycare center, and a hotel and casino operated by the Las Vegas-based hospitality brand. The development is slated to rise directly west of the first phase of Hudson Yards over the 13-acre open-air Western Rail Yards bound by West 33rd Street to the north, West 30th Street to the south, Eleventh Avenue to the east, and West Street to the west.
The affordable housing lottery has launched for 312 West 43rd Street, a 33-story mixed-use building in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by National Real Estate Advisors and Taconic Partners, the structure yields 330 residences. Available on NYC Housing Connect are 82 units for residents at 40 to 120 percent of the area median income (AMI), ranging in eligible income from $32,023 to $183,000.
