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Affordable housing

22-44 Jackson Avenue

Two-Towered 1,115-Unit Mixed-Use Development Rises To Second Floor At 22-44 Jackson Avenue Long Island City

Construction is now two stories above street level—a two-story increase since the end of May—on the two-towered, 48- and 41-story, 1,115-unit mixed-use development replacing 5Pointz at 22-44 Jackson Avenue, in the Court Square section of Long Island City. The latest photos of the site can be seen at The Court Square Blog. The entire complex will encompass 1,209,884 square feet, including 39,765 square feet of commercial space on the ground and cellar levels. Some of that space will be for 20 artists’ studios. The residential units will be rentals averaging 876 square feet apiece. Twenty percent of them, or 223 units, will rent at below-market rates through the affordable housing lottery. G&M Realty is the developer and HTO Architect is behind the architecture. Completion is expected towards the end of 2017.

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30 Pike Street

Request For Proposals Expected Next Year For Senior Housing Facility At 30 Pike Street, Lower East Side

The de Blasio administration is planning to launch a request for proposals (RFP) at some point next year in search of a development team to build a senior housing facility at 30 Pike Street, located between Henry and Madison streets on the Lower East Side. The scope of the building has not been revealed, but it will accommodate at least 100 senior residents and will feature an unspecified medical facility, Curbed NY reported. The site can accommodate up to 244,562 square feet of community facility space, which is what senior housing is categorized under. The 37,625-square-foot site is currently occupied a single-story a water supply building. The Department of Environmental Protection will work with the future development team to incorporate the infrastructure into the new building.

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56 Fulton Street

23-Story, 120-Unit Mixed-Use Building Close To Topping Out At 56 Fulton Street, Financial District

The 23-story, 120-unit mixed-use building under development at 56 Fulton Street, in the Financial District, is now a floor away from topping out. The structure can be seen in a photo posted to the YIMBY Forums. The project will eventually encompass 128,540 square feet. It will feature 5,865 square feet of ground-floor retail space, followed by 120 rental apartments. The units will range from studios to two-bedrooms, twenty percent (24 units) of which will rent through the affordable housing lottery. The Parkland Group and Socius Development Group are developing. Goldstein, Hill, & West Architects are behind the architecture. Completion is expected next year.

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