Affordable housing

New Renderings Depict Howard Hughes’ Plans For Possible Supertall At 250 Water Street

8:00 am on March 23, 2020 By Michael Young

Today, YIMBY has a look at a new set of renderings for 250 Water Street, a mixed-use supertall proposed to rise in Lower Manhattan’s South Street Seaport District. The skyscraper is being designed by Skidmore Owings & Merrill and developed by The Howards Hughes Corporation, which purchased the land from Milstein Properties in 2018 for $180 million. There are several possible iterations for the building with a range of varying heights and designs, the tallest of which could stand 990 feet. Over 700,000 square feet of unused air rights from neighboring properties could be transferred and utilized for the development, and the images today were produced by Siniaevart using the diagrams and models that have already been released, and showcase the 880-foot version of the plans.

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Rendering of 2475 Exterior Street

Meridian Capital Group Inks $18.85M Financing for Fordham Landing Development in the Bronx

7:00 am on March 9, 2020 By Sebastian Morris

Developers behind a sprawling mixed-use community in The Bronx recently secured an $18.85 million injection from Meridian Capital Group, one of the largest mortgage brokerage firms in the United States. The funding is specifically allocated to facilitate the construction of a new building at 2475 Exterior Street located along the Harlem River, immediately south of the Alexander Hamilton Bridge.

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Essex Crossing Rendering by Moso Studios

Work Progresses on Essex Crossing’s 180 and 202 Broome Street on the Lower East Side

8:00 am on March 5, 2020 By Michael Young

YIMBY went to check in on the progress of the nine-building Essex Crossing complex on Manhattan’s Lower East Side, where two structures are getting closer to completion. The exterior of Handel Architects‘ 180 Broome Street  is almost finished, while façade work is rapidly progressing on the CetraRuddy-designed 202 Broome Street. Both mixed-use developments join the six-acre master plan that is expected to cost $1 billion and will bring more than 1,000 new homes, 100,000 square feet of green space, over 350,000 square feet of offices, and 300,000 square feet of retail to the booming neighborhood. Triton Construction is the general contractor for the project.

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Rendering of Master Plan for Sunnyside Yard. Courtesy of Practice for Architecture and Urbanism

New Proposal Could Bring 12,000 Affordable Apartments to Sunnyside Yard in Queens

8:00 am on March 4, 2020 By Vanessa Londono

In a master plan created in part by the city’s Economic Development Corporation (EDC), 12,000 affordable apartments could be built over Sunnyside Yard in Queens. If it comes to fruitrition, it would be the largest recent development of affordable housing, to the tune of an estimated $14.4 billion. The hefty price includes the deck over the rail yard on which the residential buildings will sit, as well as the streetscape and infrastructure for utilities, a new rail station for commuter trains, multiple schools and libraries, commercial space for offices, manufacturing, and retail, and 60 acres of open space and public parks.

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