The affordable housing lottery has launched for 44 Kent Street, a five-story residential building on the waterfront of Greenpoint, Brooklyn. Developed by Loketch Group and designed by ND Architecture, the structure yields 42 residences and ground-floor commercial space. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $69,360 to $167,570.
Permits have been filed for a seven-story mixed-use building at 1241 Bedford Avenue in Bedford-Stuyvesant, Brooklyn. Located at the intersection of Bedford Avenue and Fulton Street, the 4,710-square-foot lot is two blocks west of the Nostrand Avenue subway station, serviced by the A and C trains. Nicole Kalabalik of Frank Properties LLC is listed as the owner behind the applications.
Work continues to progress on the hotel and residential conversion of the 100-year-old Crown Building at 730 Fifth Avenue in Midtown into the Aman New York. Designed by Jean-Michel Gathy and developed by OKO Group, the project involves the construction of a low-rise annex and the restoration and repurposing of the original 26-story structure, which was designed by Warren and Wetmore and served as the first home of the Museum of Modern Art. The property is located at the corner of Fifth Avenue and West 57th Street.
New York City Public Housing Authority (NYCHA), the NYC Department of Housing Preservation and Development (HPD), and the NYC Housing Development Corporation (HDC) have finalized a major construction financing package to complete a 205-unit affordable housing development in The Bronx. Located in the borough’s Soundview neighborhood, the building will debut as Casa Celina, named after Justice Sonia Sotomayor’s mother Celina Baez.
Permits have been filed for an eight-story residential building at 11-32 31st Drive in Astoria, Queens. Located between 12th Street and Vernon Boulevard, the 7,039-square-foot lot is equal distance from the 30th Avenue and Broadway subway stations, both serviced by the N and W trains. Aleksandr Finkelshteyn is listed as the owner behind the applications.