TS Communities, Tishman Speyer’s affordable housing development platform, will soon break ground on the second 100-percent affordable development in Edgemere Commons in Edgemere, Queens. Designed by Aufgang Architects, the master plan will eventually comprise 11 income-restricted residential properties.
YIMBY recently went on a tour of the amenities at 595 Dean Street, a two-tower residential development within the Pacific Park master plan in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the 28-story East Tower and 23-story West Tower hold a combined unit count of 798 rental apartments ranging from studios to two-bedroom layouts, with 240 offered through the affordable housing lottery on NYC Housing Connect. In addition to 28,750 square feet of outdoor amenity space, exclusive to residents, this development is contributing nearly 60,000 square feet of public park and plaza space, designed by landscape architecture firm MNLA.
Permits have been filed for four three-story residential buildings at 42-2, 42-4, 42-6, and 42-8 161st Street in East Flushing, Queens. Located near the intersection of Sanford Avenue and 161st Street, the adjacent lots are closest to the Main Street subway station, serviced by the 7 train. Zhi Yuan Xu is listed as the owner behind the applications.
Construction is nearing the halfway mark at 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.
Permits have been filed for an eight-story residential building at 106-38 Waltham Street in Jamaica, Queens. Located between 107th Avenue and Tuskegee Airmen Way, the lot is closest to the Sutphin Boulevard-Archer Avenue-JFK Airport subway station, serviced by the E and J trains. Navdeep Singh is listed as the owner behind the applications.
