Governor Kathy Hochul Reveals Updated Plans And Renderings For Penn Station Overhaul in Midtown, Manhattan

Yesterday afternoon Governor Kathy Hochul revealed numerous new renderings of what the outdated 53-year-old Penn Station and the surrounding Midtown, Manhattan district could soon become. Despite being slightly downsized by 7 percent from former Governor Cuomo’s ten-building master plan, the new proposal still encompasses an incredible 18.3 million square feet of construction and redevelopment. Vornado Realty Trust is the developer of the master plan, which is expected to take four to five years to complete and cost between $6-7 billion.

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Housing Lottery Units Still Available at 2955 Brighton 5th Street in Brighton Beach, Brooklyn

The affordable housing lottery has launched for 2955 Brighton 5th Street, a six-story residential building in Brighton Beach, Brooklyn. Designed by Zarina Kindo’s Brooklyn-based Arcon Studio, the structure yields 15,795 square feet with 20 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.

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Permits Filed for 240 West 123rd Street in Harlem, Manhattan

Permits have been filed for a seven-story residential building at 240 West 123rd Street in Harlem, Manhattan. Located between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard, the lot is two blocks from the 125th Street subway station, serviced by the 2 and 3 trains. Tomas Machiavello of Freres, Inc. is listed as the owner behind the applications.

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