Affordable housing

66-Story, 1,400-Unit Mixed-Income Residential Tower Planned at 260 South Street, Lower East Side

6:00 am on July 27, 2016 By Reid Wilson

Two Bridges Associates (a partnership between L+M Development Partners and the CIM Group) filed pre-applications earlier this year with the Department of City Planning for a 66-story, 1,400-unit residential tower at 260 South Street, on the Lower East Side. The building, which is in the early stages of development, will encompass 1.1-million square feet and stand 718 feet in height, the Lo-Down reported. Twenty-five percent of the project’s residential units, or 350 apartments, will be designated as affordable housing. The structure would be built on an existing parking lot along South Street. An underground parking garage would be built to retain the spaces. In addition to a new tower, the project includes expanding the retail footprint on the ground floors of 265 Cherry Street and 275 Cherry Street, two existing 26-story residential towers (called Lands End II) with 491 apartments located on the northern end of the property. Rutgers Park, located on the western end, is also expected to see a renovation. It’s unclear whether the project requires approval via the city’s Uniform Land Use Review Procedure (ULURP).

Revealed: Senior Housing at 1880 Boston Road in West Farms, Bronx

8:00 am on July 25, 2016 By Rebecca Baird-Remba

A slew of affordable housing projects are headed for an industrial slice of the central Bronx sandwiched between the Cross Bronx Expressway and the elevated subway tracks. The latest development to join the list is a 10-story affordable residential building at 1880 Boston Road, in a long-neglected neglected neighborhood known as West Farms.

Multi-Building, Mixed-Use Development Proposed for Former Peninsula Hospital Center Site, Edgemere, Queens

4:00 pm on July 21, 2016 By Reid Wilson

The Arker Companies and the Northeast Brooklyn Housing Development Corporation have acquired, for $19 million, the site of the former Peninsula Hospital Center, located at 51-15 Beach Channel Drive in Edgemere, along the Rockaways in Queens. The developers plan to build a multi-building residential and commercial complex, according to DNAinfo. It’s unclear how large the project will be, but plans will be going through the city’s Uniform Land Use Review Procedure (ULURP), which indicates an individual rezoning is in the works. That means at least 30 percent of the residential units will have to be affordable. A four-story nursing home on site is currently occupied and will remain, but the four-story, 173-bed hospital building will be demolished. The hospital has been closed since 2012. The site – bound by Beach 50th Street, Rockaway Beach Boulevard, Beach 53rd Street, and Beach Channel Drive – is five blocks from the Beach 60th Street stop on the A train.

Construction Completed on 12-Story, 154-Unit Affordable-Supportive Building, 1191 Boston Road, Morrisania

6:00 am on July 20, 2016 By Reid Wilson

Construction has been completed and occupancy is underway at the 12-story, 154-unit affordable-supporting housing project at 1191 Boston Road, in the Bronx’s Morrisania section. Photos of the new building can be seen in a Curbed NY report. Dubbed Boston Road, the building encompasses 94,000 square feet and rises 119 feet above street level. It’s variety of affordable and supportive apartments, which are rentals, should average 315 square feet apiece. They are being leased at below-market rates to formerly homeless people, seniors, Medicaid users, and those living with HIV/AIDS. Amenities include a fitness center, a roof terrace, a garden, a computer lab, and storage for eight bikes. Breaking Ground is the developer and Alexander Gorlin Architects is behind the architecture.

City Seeks Affordable Mixed-Use Building for 65 East 149th Street, Lower Concourse

11:00 am on July 18, 2016 By Reid Wilson

The New York City Economic Development Corporation (NYCEDC) and the Department of Housing Preservation and Development (HPD) have launched a request for expressions of interest (RFEI) for the 158,000-square-foot development site at 65 East 149th Street, located in the South Bronx’s Lower Concourse section. The hope is for a development team to propose a mixed-use building with an assortment of affordable residential units, commercial space, and community facilities, DNAinfo reported. In addition, there will have to be public open space, which will hopefully be in the form of a waterfront esplanade (the site fronts the Harlem River). Infrastructure upgrades are also part of the project. The vacant site is located five blocks from the 149th Street-Grand Concourse stop on the 2 and 5 trains. Responses are due by October 11.

Construction Complete on 11-Story, 106-Unit Luxury Rental Building at 456 Washington Street, TriBeCa

11:00 am on July 15, 2016 By Reid Wilson

Since last fall, when façade work was wrapping up, construction on the 11-story, 106-unit residential building at 456 Washington Street, located on the corner of Watts Street in TriBeCa, has finished. The new building encompasses 186,054 square feet and is home to 106 luxury rental apartments, 22 of which will rent at below-market rates through the housing lottery. The apartments, averaging 1,330 square feet apiece, range from studios to five-bedrooms.

23-Story, 120-Unit Mixed-Use Building Rises to 10th Floor at 56 Fulton Street, Financial District

4:00 pm on July 14, 2016 By Reid Wilson

Since rising above street level in March of 2016, the 23-story, 120-unit mixed-use project under development at 56 Fulton Street, on the corner of Cliff Street in the Financial District, has grown to 10 stories. The construction progress can be seen thanks to a photo taken by Tectonic. The 128,540-square-foot tower will eventually host 5,865 square feet of ground-floor retail space and 120 rental apartments, ranging from 450-square-foot studios to 1,250-square-foot two-bedrooms. Twenty percent of them, or 24 units, will rent at below-market rates through the housing lottery. Amenities include storage for 61 bikes, a fitness center, laundry facilities, a lounge, a dining room for events, a game room, and an outdoor terrace on the 23rd floor. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is the design architect, with Andrés Escobar designing the interiors. Completion can probably be expected in early 2017.

The City Plans Affordable Apartments at 1900 Park Place in Ocean Hill

7:00 am on July 14, 2016 By Rebecca Baird-Remba

HPD is planning affordable rentals on city-owned land in eastern Brooklyn. Applications were filed on Tuesday for a four-story, 17-unit building at 1900 Park Place, on the border between Ocean Hill and Brownsville.

Essex Crossing’s 15-Story, 211-Unit Mixed-Use Building Rises at 145 Clinton Street, Lower East Side

4:00 pm on July 13, 2016 By Reid Wilson

The 15-story, 211-unit mixed-use building under development at 145 Clinton Street, located on the corner of Grand Street on the Lower East Side, is now three stories above street level, as seen in photos shot by Tectonic. The latest building permits indicate the project – which is one piece of the mixed-use mega-development known as Essex Crossing – will encompass 283,178 square feet. There will be 73,000 square feet of commercial-retail space across the cellar through second floors. Planet Fitness has already pre-leased 22,000 square feet on the second floor, and a food market is expected to take 30,000 square feet on the ground floor.

10-Story, 114-Unit Mixed-Use Building Rises to Sixth Floor at 1511 Bedford Avenue, Crown Heights

3:00 pm on July 13, 2016 By Reid Wilson

A 10-story, 114-unit mixed-use building is now six stories above street level at 1511 Bedford Avenue, in western Crown Heights. The construction progress can be seen a photo taken by prolific photographer Tectonic. The latest building permits put the structure at 109,887 square feet when complete. The ground and cellar levels will host 8,519 square feet of community space for a synagogue. The residential units, which will be rental apartments, should average 809.5 square feet apiece. Twenty percent of them, or 22 units, will rent at below-market rates through the housing lottery. Amenities include a 61-car underground garage, space for 71 bikes, private residential storage units, laundry facilities, a fitness center, and a roof terrace. Realty Within Reach is the developer and Issac & Stern Architects is behind the design. Completion is expected in 2017.

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Affordable housing

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