Affordable housing

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.

Landmark Theatres to Operate Multiplex at 709-Unit VIA 57 WEST, 625 West 57th Street, Hell’s Kitchen

4:00 pm on July 12, 2016 By Reid Wilson

Northern Hell’s Kitchen is getting a movie theater. Now that exterior construction has been completed on the 32-story, 709-unit mixed-use building, dubbed VIA 57 WEST, at 625 West 57th Street in Hell’s Kitchen, work is underway to lease the building’s apartments and fill its 45,000 square feet of retail space. One of those commercial tenants now includes Landmarks Theatres, which will operate an eight-screen movie theater within the base of the building.

Pacific Park’s 23-Story, 303-Affordable-Unit Mixed-Use Building Tops Out at 38 Sixth Avenue, Prospect Heights

11:00 am on July 12, 2016 By Reid Wilson

The 23-story, 303-unit mixed-use building under development at 38 Sixth Avenue, at the corner of Dean Street in Prospect Heights, has topped out. Three months ago, the structure was merely two stories above street level. It now encompasses 341,595 square feet. It will host 8,700 square feet of retail space and medical offices on the ground floor, followed by 303 affordable residential units. All of the rental apartments will rent at below-market rates through the housing lottery. Amenities include a 73-car underground garage, space for a whopping 400 bikes, private residential storage space, a fitness center with a yoga room, a children’s playroom, and a terrace on the 16th floor. Greenland Forest City Partners, comprising of Greenland USA (the US branch of Shanghai-based Greenland Group) and Forest City Ratner Companies, is the developer. The duo are heading the 17-building Pacific Park mixed-use mega-development, of which 38 Sixth Avenue is a part. SHoP Architects is behind the design. Completion can probably be expected later this year or in early 2017.

Bronx Supportive Housing Nears the Finish Line at 316 East 162nd Street

7:00 am on July 12, 2016 By Rebecca Baird-Remba

A 10-story building that will offer housing for formerly homeless adults is taking shape at 316 East 162nd Street, in the Concourse Village section of the South Bronx.

Reveal for 11-Story, 181-Affordable-Unit Mixed-Use Building at 4511 Third Avenue, Belmont

6:00 am on July 12, 2016 By Reid Wilson

A rendering has been revealed of the 11-story, 181-affordable-unit mixed-use building planned at 4511 Third Avenue, in the Belmont section of the Bronx. The 294,207-square-foot, thru-block development (consisting of seven- and 11-story components), will host 57,549 square feet of medical space on the ground and second floors and 10,127 square feet of ground-floor retail, as YIMBY reported in February. The rental apartments above, all of which will rent at below-market rates, should average 928 square feet apiece. Amenities include a 128-car garage, storage for 96 bikes, laundry facilities, and multiple outdoor terraces. The SBH Health System (St. Barnabas Hospital, located across the street) will utilize the medical space, as well as operate a 10,800-square-foot terrace geared towards exercise for the building’s tenants.

Construction Wraps on 14-Story, 159-Unit Affordable Mixed-Use Building at 203 Gramatan Avenue, Mount Vernon

2:00 pm on July 11, 2016 By Reid Wilson

Construction is wrapping up on a 14-story, 159-unit mixed-use building at 203 Gramatan Avenue, in downtown Mount Vernon. That’s in southern Westchester County. It’s been dubbed La Port Apartments. All of the units, which range from studios to two-bedrooms, will be rented at below-market rates as affordable workforce housing, Westfair reported. Amenities include a fitness center, a children’s playroom, a media room, a lounge with a pantry, and a 4,000-square-foot rooftop deck. The base of the building will also host 20,000 square feet of retail space, of which Dollar Tree has already leased half. Atlantic Development Group, headed by Peter Fine, and Kenwood Equities are the developers, and GF55 Partners is the architect. After nine years in the development process, completion is expected in the next few months. Peter Fine is also planning a market-rate residential project next to La Porta Apartments, according to the Wall Street Journal.

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Affordable housing

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