Residential

Rockrose’s LYRA Breaks Leasing Records in Hudson Yards

After leasing launched last month for LYRA, Rockrose‘s newest rental building in Hudson Yards is now 30 percent leased. Designed by Pelli Clarke & Partners with SLCE Architects and interiors by MdeAS Architects, the 590-unit development at 555 West 38th Street is filling up at record speeds. Residences range from studios to two-bedroom units with rents ranging from high $3000s to high $8000s.

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Rendering of Baez Place - ESKW Architects

Construction Breaks Ground on Baez Place Affordable Apartments at 334 East 176th Street in Claremont, The Bronx

Construction has broken ground on Baez Place, a 154-unit affordable housing development at 334 East 176th Street in Claremont, The Bronx. Designed by ESKW Architects and developed by Community Access, the structure will comprise 105 studios, 21 one-bedrooms, 22 two-bedrooms, and six three-bedroom apartments. A total of 154 homes will be reserved for households at 30 to 80 percent area median income (AMI). The remaining 86 units will be available to the formerly homeless, who will also have access to on-site support services rendered by Community Access. Each apartment will come equipped with free broadband internet access.

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33 Franklin Street Rises Above Street Level in Greenpoint, Brooklyn

Construction is rising on 33 Franklin Street, a seven-story residential building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch under the Franklin 33 LLC, the 80-foot-tall structure will yield 95,000 square feet with 80 units, with a portion dedicated to affordable housing, as well as ground-floor retail space and parking for 32 vehicles. The property is alternately addressed as 82 Calyer Street and is bound by Calyer Street to the north, Quay Street to the south, and Franklin Street to the east.

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Mayor Eric Adams and Governor Kathy Hochul gather to announce $70 million initial investment to decarbonize NYCHA buildings

NYSERDA, New York Power Authority Pledge $70M For Energy-Efficiency Upgrades to NYCHA Buildings

New York City mayor Eric Adams and New York Governor Kathy Hochul recently announced phase one of the Clean Heat for All Challenge, an initiative to spur manufacturers of heating and cooling equipment to develop new energy-efficient systems for multifamily NYCHA properties. The investment arrives from the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority and will support the development and production of 30,000 new heat pumps for NYCHA buildings.

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Beach 21 at 10-47 Beach 21st Street

Beach 21 Affordable Housing Project Completes Construction at 10-47 Beach 21st Street in Far Rockaway, Queens

Construction is complete on Beach 21, a ten-story affordable housing building at 10-47 Beach 21st Street in Far Rockaway, Queens. Developed by The Community Builders with support from New York City’s Economic Development Corporation, Department of Housing Preservation and Development, and Housing Development Corporation, the structure yields 224 units reserved for New Yorkers earning 40 to 80 percent area median income (AMI) and 23 units for the formerly homeless, as well as 28,000 square feet of ground-floor retail and community space including a daycare center. The project is part of the city’s Downtown Far Rockaway Revitalization Plan and is located between Mott Avenue to the north and Cornaga Avenue to the south.

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