Affordable housing


Affordable Housing Lottery Launches for 5920 Bay Parkway in Mapleton, Brooklyn

The affordable housing lottery has launched for 60th and Bay, an eight-story mixed-use building at 5920 Bay Parkway in Mapleton, Brooklyn. Designed by S. Wieder Architects, the structure yields 44 residences. Available on NYC Housing Connect are 14 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $54,858 to $198,250.

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David Adjaye’s Affirmation Tower Remains on Hold at 418 Eleventh Avenue in Hudson Yards, Manhattan

The third entry in our Turkey Week rundown of stalled and on-hold construction projects in New York City is Affirmation Tower, a 1,663-foot mixed-use supertall at 418 Eleventh Avenue, just north of Related Companies‘ first phase of Hudson Yards. Designed by Sir David Adjaye of Adjaye Associates and developed in collaboration between Cheryl McKissack Daniel of McKissack & McKissack, The Peebles Corporation, Exact Capital Group, and the Witkoff Group, the 2-million-square-foot structure would easily wrest the title of tallest building in New York by roof height from Extell’s Central Park Tower, surpassing its parapet by more than 100 feet. The development’s 1.2-acre plot, dubbed “Site K,” was also the site selected for the long-stale Hudson Spire proposal, and is bound by West 36th Street to the north, West 35th Street to the south, Eleventh Avenue to the east, and Hudson Boulevard to the west.

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New Rendering Revealed For 252-260 East 72nd Street on Manhattan’s Upper East Side

A new rendering has been revealed for 252-260 East 72nd Street, a forthcoming 21-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by Chetrit Group, the 150,000-square-foot project will yield 54 condominium units and 5,700 square feet of retail space, along with an adjacent five-story annex containing four affordable housing units. The 14,000-square-foot plot is also addressed as 1357 Second Avenue and was formerly occupied by St. John The Martyr Church along with several old low-rise structures, and is located at the corner of Second Avenue and East 72nd Street, with a narrow panhandle that stretches south to East 71st Street.

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