In an exciting reveal for the ongoing redevelopment and rebuilding of the World Trade Center, Kohn Pedersen Fox has unveiled the first set of renderings for its proposed 900-foot-tall design for Five World Trade Center, aka 130 Liberty Street. The Port Authority of New York and New Jersey selected the winning bid at a board meeting on Thursday afternoon to allow Silverstein Properties, Brookfield Properties, Omni New York LLC, and Dabar Development Partners to lease the 1.56-million-square-foot mixed-use building under a 99-year ground lease.
The affordable housing lottery has launched for 770-774 Lexington Avenue, a four-story residential development in Bedford-Stuyvesant, Brooklyn. Designed by Jeffrey Sandor Orling Architect, the 9,887-square-foot building will yield ten units. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income, ranging in eligible income from $76,972 to $159,640.
Permits have been filed for a ten-story mixed-use building at 305 First Avenue in Gramercy, Manhattan. Located at the intersection of East 18th Street and First Avenue, the corner lot is three blocks north of the First Avenue subway station, serviced by the L train. Minrav Development under the 305 First Avenue Owner LLC is listed as the owner behind the applications, after acquiring the site in early 2020.
Exterior work is nearing completion on 540 Fulton Street, a 511-foot-tall mixed-use skyscraper in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 43-story, 330,000-square-foot building will yield 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail on the lower podium floors. The project is located at the intersection of Flatbush Avenue and Fulton Street.
Delshah Capital has released updated renderings of The Avant, a new condominium development in Manhattan’s East Village. Located at 533 East 12th Street between Avenues A and B, the property tops out at eight stories and houses 26 boutique residences. Brown Harris Stevens’ Milano-Rambarran Team is exclusively handling sales and marketing.