Affordable housing

430 Marin Boulevard

Hudson Exchange West’s 35-Story, 421-Unit Mixed-Use Tower Tops Out at 430 Marin Boulevard, Jersey City

Construction has topped out on the 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. The construction update is possible thanks to a photo posted to the Forums. The new building will contain 10,126 square feet of ground-floor retail space and 20 percent of the apartments (85 units) will be designated as affordable. The tower is being built as part of the 11-building Hudson Exchange West mega-development. The developer, Forest City Ratner, is facing a lawsuit over the legality of developing the property, due to a former railway that was removed in the 1990s, Jersey Digs reported. It appears construction on the first building has continued despite the legal challenge. Perkins Eastman is behind the design. Completion of the first building is expected in 2017.

Read More

509 West 38th Street

30-Story, 225-Unit Mixed-Use Project Tops Out at 509 West 38th Street, Hudson Yards District

Since hitting 22 stories in height back in June, the 30-story, 225-unit mixed-use tower under construction at 509 West 38th Street, in the Hudson Yards District, has topped out. The progress can be seen thanks to photos posted to the YIMBY Forums by user JC_Heights earlier this month. The 361-foot-tall tower encompasses 243,689 square feet. There will be 13,739 square feet of retail space across parts of the ground and second floors, along with 29,180 square feet of community facility space on parts of the ground through fifth floors. The residential units, rental apartments, should average 786 square feet apiece and 20 percent (46 units) will rent at below-market rates through the affordable housing lottery. Imperial Companies is the developer and BKSK Architects is behind the architecture. Completion is anticipated in 2017.

Read More

810 Fulton Street

New Developer to Build 12-Story, 363-Unit Mixed-Use Building at 810 Fulton Street, Fort Greene

RXR Realty has acquired, for $28.7 million, the leasehold of the development site at 810 Fulton Street, in southern Fort Greene, from GFI Development, Crain’s reported. The previous developer’s plans for a 12-story, 363-unit mixed-use building, filed back in 2014, are what the new developer intends to construct. The city has approved an air rights transfer that will allow the project to grow from seven stories (as-of-right) to 12. The Buildings Department is still in the process of giving those plans the green light, according to the latest filings. The most recent permits indicate the structure will measure 328,047 square feet. Of that, 32,358 square feet will be ground-floor retail, followed by rental apartments on the floors above. The units should average 815 square feet apiece and 20 percent (73 units) will rent at below-market rates. GFI technically worked on the a part of the project’s foundation before the 421-a expired, which means RXR can still benefit from the tax break. Aufgang Architects is behind the design. Construction will resume in the fall, with completion expected by 2019.

Read More

257 West 29th Street

Construction Wraps on 14-Story, 37-Unit Supportive Housing Project at 257 West 29th Street, Chelsea

The façade of a new 14-story, 37-unit supportive housing building has been unveiled at 257 West 29th Street, in Chelsea. This comes after YIMBY reported that construction on the project was wrapping up in June. The progress can be seen thanks to photos posted to the YIMBY Forums. The new building measure 27,455 square feet and its residential units should average 661 square feet apiece. All of the apartments will rent at below-market rates, although it’s still unclear who is expected to occupy them. Supportive housing is typically reserved for the most underprivileged and tenants usually have access to health and social services. Listed amenities include storage for 19 bikes and multi-purpose rooms on the ground and cellar levels. Arker Companies is the developer and Aufgang Architects is behind the architecture. Occupancy can probably be expected later this year.

Read More

Our Lady of Loreto

Affordable Residential Building to Replace Our Lady of Loreto Church, 124 Sackman Street, Ocean Hill

Our Lady of Loreto, an abandoned church owned by the Roman Catholic Diocese of Brooklyn and located at 124 Sackman Street in Ocean Hill, is expected to be demolished to make way for an affordable residential building. Catholic Charities Progress of Peoples Development Corporation, which leases the property, is behind the project, the New York Times reported. New building applications haven’t yet been filed, but demolition permits were back in June and crews are expected to begin work later this year. When the church originally closed back in 2008, the structure came close to being razed for 88 affordable residential units. An agreement was made to build 64 residential units behind it while converting the church structure into a different use. Since the 2010 agreement, Catholic Charities hasn’t been able to recruit a redevelopment team to convert the property. The site, located at the corner of Pacific and Sackman streets, is five blocks from Broadway Junction stop on the the A, C, J, L, and Z trains.

Read More

Fetching more...