Type A Real Estate Advisors and JASA recently completed a new affordable housing development at 1490 Southern Boulevard in The Bronx. The 100-percent affordable project is located in the borough’s Charlotte Gardens neighborhood and comprises 114 units for households making up to 50 percent area median income (AMI). Thirty percent of the units will be set aside formerly homeless older adults.
Permits have been filed for a five-story residential building for seniors at 849 Crotona Park North in Crotona Park East, The Bronx. Located between Marmion Avenue and Waterloo Place, the interior lot is three blocks from the 174th Street subway station, serviced by the 2 and 5 trains. Seth Coston of Time Equities Inc. is listed as the owner behind the applications.
Façade installation is getting closer to completion on 227 West Street, a two-tower residential development in the 22-acre Greenpoint Landing development along the East River in Greenpoint, Brooklyn. Designed by OMA and Beyer Blinder Belle and developed by Brookfield Property Partners and Park Tower Group, the 30- and 40-story towers will yield 745 rental units, with 30 percent planned as “income-targeted” apartments, marketed in accordance with the Affordable Housing New York program. James Corner Field Operations is the landscape architect, DeSimone Consulting Engineers is the structural engineer, Thornton Tomasetti is the façade consultant, and Highbury Concrete is responsible for building the 450- and 351-foot tall reinforced concrete superstructures, located off the corner of Eagle and West Streets.
Permits have been filed for a five-story residential building at 317 Franklin Avenue in Bedford-Stuyvesant, Brooklyn. Located between Lafayette Avenue and Clifton Place, the interior lot is one block east of the Classon Avenue subway station, serviced by the G train. Moses Karpen of Waterfront Property Management is listed as the owner behind the applications.
Construction is rising on 55 Suffolk Street, a 30-story mixed-use building on Manhattan’s Lower East Side. Designed by Dattner Architects and developed by Gotham Organization, the 310-foot-tall structure is part of the two-building Broome Street Development complex along with the 16-story 64 Norfolk Street. The complex will span 387,223 square feet and yield 488 rental units, of which 43 percent will be dedicated to permanently affordable housing. Monadnock Construction, Inc. is the general contractor for both developments, which are being built near the intersection of Broome and Norfolk Streets.