Permits have been filed for a four-story residential building at 88-29 163rd Street in Jamaica, Queens. Located between Hillside Avenue and 89th Avenue, the lot is is near the Jamaica Center-Parsons/Archer station, serviced by the E train. Ashad Ajim under the 163 Avenue LLC is listed as the owner behind the applications.
Permits have been filed for a six-story mixed-use building at 866 51st Street in Sunset Park, Brooklyn. Located between Eighth and Ninth Avenues, the lot is near the Fort Hamilton Parkway subway station, serviced by the D train. Yudi Huang under the Family Dong 168 LLC is listed as the owner behind the applications.
Work is nearing completion on One Wall Street, a 564-foot-tall Art Deco skyscraper in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the $1.5 billion venture is the largest office-to-residential conversion in New York City history and will yield 566 condominiums as well as a 44,000-square-foot Whole Foods Market and a four-floor, 75,000-square-foot Life Time fitness center on the lower levels. The project also involved the construction of a multi-story expansion above the mid-century annex to the 91-year-old structure. Compass Development Marketing Group is handling sales and marketing with a gallery located within the famous Red Room. JT Magen is the general contractor for the property, which is bound by Broadway to the west, Wall Street to the north, Exchange Place to the south, and New Street to the east.
Construction is now topped out at One Grove, a new 12-story residential property in Jersey City. Located at 221 Grove Street in the city’s Liberty Harbor neighborhood, One Grove is the latest project from Strategic Capital, the real estate investment and development platform of China Construction America.
The affordable housing lottery has launched for 1537, 1539, and 1541 Dean Street, three four-story residential buildings in Crown Heights, Brooklyn. Designed by Asher Hershkowitz Architect and developed by Joseph Schlafrig of WMGT Construction, the structures yield 18 residences in total. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $187,330.