The Yonkers Industrial Development Agency (IDA) has approved five new residential and commercial developments across the waterfront city. The developments are projected to create more than 600 construction jobs and over 300 apartments, including affordable housing for low-income seniors.
The affordable housing lottery has launched for 99, 101, and 103 Grove Street, three four-story residential buildings in Bushwick, Brooklyn. Designed by Infocus and developed by 103 Grove Street LLC, the structures each yield eight residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $156,130.
The Metropolitan Transportation Authority, in partnership with NJ Transit and Amtrak, approved a contract for the redesign of Penn Station, a project that could cost the city $7 billion. The joint venture project team includes architect of record FXCollaborative, global engineering firm WSP, and British design studio John McAslan and Partners which will serve as a design consultant.
The affordable housing lottery has launched for 153 Erasmus Street, a four-story residential building in Flatbush, Brooklyn. Designed by Oleg Ruditser, the structure yields 22 residences and 11 parking spaces. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,858 to $156,130.
Construction has passed the halfway point on 50 East 112th Street, the tallest tower in the Sendero Verde mixed-use complex in East Harlem, Manhattan. Designed by Handel Architects and developed by Jonathan Rose Companies, L+M Development Partners, and Acacia Network, the 34-story tower represents the second phase of construction and will yield 361 permanently affordable rental units for low- to moderate-income families and the formerly homeless. The edifice is rising directly to the west of the completed first phase, which encompasses a 15-story tower at 60 East 112th Street and a ten-story structure at 75 East 111th Street. The latest tower will span 395,000 square feet, making it the largest affordable Passive House development in the world. L&M Builders Group is the general contractor for the property, which is located at the corner of East 112th Street and Madison Avenue.
