Affordable housing

Gotham Point’s North Tower Wraps Up Construction in Hunters Point South, Queens

At number 21 on YIMBY’s year-end countdown of the tallest projects underway in the city is Gotham Point’s north tower, a 57-story residential skyscraper at 1-15 57th Avenue in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization and Riseboro Community Partnership, the 559-foot-tall structure will yield 692 rental units and is also known as Parcel F in a two-tower master plan alongside the 33-story, 443-foot-tall Parcel G. The property is bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west.

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Housing Lottery Launches for 2057 Strauss Street in Brownsville, Brooklyn

The affordable housing lottery has launched for 2057 Strauss Street, a four-story residential building in Brownsville, Brooklyn. Designed by Tecnico Engineering and developed by Chaim Sobel of Strauss Estates LLC, the structure yields nine residences including a penthouse. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $156,130.

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540 Fulton Street, designed by Marvel Architects

The Paxton Nears Completion at 540 Fulton Street in Downtown Brooklyn

At number 25 on our December countdown of the tallest buildings under construction in the New York area is The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

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