Affordable housing


325 Kent Avenue

Foundation Work Underway For 16-Story, 522-Unit Residential Building At 325 Kent Avenue, Williamsburg

In May of 2015, excavation work kicked off at 325 Kent Avenue on the first building in Two Trees Management Company’s Domino Sugar Refinery mega-development, in western Williamsburg. Excavation has since wrapped up and foundation work is well underway, as seen in photos courtesy of Tectonic. A 16-story, 401,246-square-foot mixed-use building is being built and will include a total of 522 residential units, 105 of which will be rented at below market-rates through the affordable housing lottery. The apartments will average 712 square feet apiece. Additionally, there will be 9,378 square feet of retail space broken up into multiple spaces on the ground and second floors. SHoP Architects is the design architect and completion is expected in 2017.

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252 South Street

80-Story, 815-Unit Condominium Tower Rises Above Street Level At 252 South Street, Lower East Side

In October, complete renderings were revealed of Extell Development’s 80-story, 815-unit condominium tower at 252 South Street, in the Two Bridges section of the Lower East Side. At the time, foundation work was the main focus, but now the core of the tower is beginning to rise and is above street level, Bowery Boogie reports. The project is dubbed One Manhattan Square and being designed by Adam Associates. It will include 90,000 square feet of amenity space in total and a separate 13-story, 205-unit affordable residential building. There will also be roughly 20,000 square feet of retail space. Completion is expected in 2019.

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