Excavation is continuing at 262 Fifth Avenue, the site of a proposed 1,043-foot residential supertall in NoMad and number eight on our year-end construction countdown. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 residential units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.
J Frankl Associates has revealed renderings of a new 28-story tower in Hamilton Heights, Manhattan. Located at at 620 West 153rd Street, the 28-story building will house a mix of rental apartments, a vast range of amenities, and an unspecified community facility.
Permits have been filed for an 11-story residential building with affordable housing at 39-26 30th Street in Long Island City, Queens. Located between 39th and 40th Avenues, the interior lot is one block west of the 39 Avenue-Dutch Kills subway station, serviced by the N and W trains. Hui Shi is listed as the owner behind the applications.
Permits have been filed for a two-story residential conversion into a four-story residential development at 1315 Findlay Avenue in Concourse, The Bronx. Located between East 169th and East 170th Streets, the lot is within walking distance of the 170th Street subway station, serviced by the B and D trains. Leo Brody of ZLB is listed as the owner behind the applications.
The affordable housing lottery has launched for Rockaway Village Apartments, three residential buildings at 1701, 1721, and 1725 Village Lane in Far Rockaway, Queens. Designed by Marvel Architects and developed by Phipps Houses, the structures yield a total 1,693 residences. Available on NYC Housing Connect are 692 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $15,806 to $148,000. Due to system capacity limitations the 550 units advertised do not represent actual unit availability. There are an additional 18 studios, 26 one-bedrooms, 72 two-bedrooms, and 26 three-bedroom units in the 100 percent AMI tier not reflected below.