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Affordable housing

56 Fulton Street

23-Story, 120-Unit Mixed-Use Building Tops Out at 56 Fulton Street, Financial District

Construction has topped out on the 23-story, 120-unit mixed-use building under development at 56 Fulton Street, located on the corner of Cliff Street in the Financial District. Progress on the structure, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the 128,540-square-foot tower stands 237 feet to its main roof, or 272 feet to the top of its bulkhead. There will be 5,865 square feet of retail space on the ground floor, followed by rental apartments, averaging 797 square feet apiece. Twenty percent of the apartments, or 24 units, will rent at below-market rates through the affordable housing lottery. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is behind the design and completion is expected next year.

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127 East 107th Street

City Council Approves 15-Story, 400-Unit Affordable Mixed-Use Project at 127 East 107th Street, East Harlem

The City Council has voted to approve a 15-story, 400-unit mixed-use development planned at 127 East 107th Street, located on the southern end of East Harlem. The vote essentially represents the completion of the city’s Uniform Land Use Review Procedure (ULURP) for the project, which awaits Mayor Bill de Blasio’s signature. The project, dubbed Lexington Gardens II, will encompass 411,725 square feet and will be built on much of the block bound by East 107th and 108th streets and Park and Lexington avenues.

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376-378 Flushing Avenue. image via DCP

First Look: Two-Building, 296-Unit Residential Project on Flushing Avenue Near Brooklyn Navy Yard

Two South Williamsburg-based investors hope to rezone three industrial properties in northern Bedford-Stuyvesant to make way for a large residential project with nearly 300 apartments spread across two buildings. Today we have the first look at the development, which will rise near the Brooklyn Navy Yard at 376-378 Flushing Avenue and 43 Franklin Avenue.

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