Work is progressing behind scaffolding on 173-175 Chrsytie Street, a topped-out ten-story residential building on Manhattan’s Lower East Side. Designed by ODA Architects and developed by Nexus Building Development Group, Inc., the 25,500-square-foot-structure will yield 13 units ranging from two- to three-bedroom layouts, as well as 1,537 square feet of ground-floor retail space. The structure stands opposite Sara D. Roosevelt Park and immediately to the north of two other current residential buildings from the same design and development team, 167 Chrystie Street and 165 Chrystie Street.
Earlier this week, Meltzer/Mandl Architects revealed the first renderings of a new six-story multifamily building at 15 Greenwich Street in Manhattan’s Greenwich Village Historic District. Drawings and illustrations of the proposed development were revealed in a public hearing with the Landmarks Preservation Commission, which must issue a Certificate of Appropriateness before construction can break ground.
The affordable housing lottery has launched for 26 Quincy Street, a five-story residential building in Clinton Hill, Brooklyn. Designed by Jeffrey Kamen, the structure yields 43 residences and 22 parking spaces. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $83,349 to $167,570.
Construction is almost complete on Stevens Institute of Technology‘s new two-tower Student Housing and University Center in Hoboken, New Jersey. Designed by Design Collective and Wallace Roberts and Todd, the 392,000-square-foot structure is comprised of 16- and 18-story towers rising from a 70,000-square-foot podium, and is the largest expansion in the institute’s history. The new building will accommodate 994 students, bringing Stevens’ cumulative resident capacity up to 3,500. The project is located along the Hudson River waterfront and is expected to cost $256 million.
Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.