Affordable housing

Demolition Finishes for COOKFOX’s 335 Eighth Avenue in Chelsea, Manhattan

Demolition work is complete at 335 Eighth Avenue, the site of an upcoming seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners and Penn South (aka Mutual Redevelopment Houses, Inc.), the 200,000-square-foot structure will yield 188 residential units with 30 percent dedicated to affordable housing for low- and middle-income residents under the Affordable NY Program, as well as a 23,000-square-foot Lidl grocery store on the ground floor. Titan Industrial SVC Corp served as the demolition contractor and Urban Atelier Group is the general contractor for the property, which is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses. The project is being co-financed by MAG Partners and global holding company Safanad.

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Housing Lottery Launches for 2150 Clinton Avenue in Belmont, The Bronx

The affordable housing lottery has launched for 2150 Clinton Avenue, a five-story residential building in Belmont, The Bronx. Designed by Boaz M. Golani Architect and developed by Skyrock NYC Development, the structure yields 36 residences. Available on NYC Housing Connect are 19 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $98,915 to $198,250.

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Rendering of 544 Carroll Street - Courtesy of Avery Hall

Earthwork Begins for 544 Carroll Street in Gowanus, Brooklyn

Excavation is getting underway at 544 Carroll Street, the site of a 17-story residential building on the eastern edge of Gowanus, Brooklyn. Designed and developed by Avery Hall with L+Z Architecture as the architect of record, the 175,000-square-foot structure will yield 133 rental units with 25 percent designated as affordable housing, as well as 6,000 square feet of ground-floor retail space. Leeding Builders Group LLC is the construction manager for the property, which is alternately addressed as 272 Fourth Avenue and bound by Carroll Street to the north and 4th Avenue to the east.

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