Residential

Housing Lottery Launches for 258 Brooklyn Crossing Units at 18 Sixth Avenue in Prospect Heights, Brooklyn

7:00 am on January 12, 2022 By Vanessa Londono

The affordable housing lottery has launched for Brooklyn Crossing, a 51-story residential building at 18 Sixth Avenue in Prospect Heights, Brooklyn. Designed by Perkins Eastman, and developed by The Brodsky Organization, the structure yields 858 residences. Available on NYC Housing Connect are 258 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,315 to $167,570.

Permits Filed for 1861 Amsterdam Avenue in Hamilton Heights, Manhattan

6:30 am on January 12, 2022 By Vanessa Londono

Permits have been filed for a five-story mixed-use building at 1861 Amsterdam Avenue in Hamilton Heights, Manhattan. Located at the intersection of West 152nd Street and Amsterdam Avenue, the corner lot is two blocks south of the 155th Street subway station, serviced by the A and C trains. Artifact Real Estate Development Company is listed as the owner behind the applications.

The Cortland’s Brick Envelope Nears Completion at 555 West 22nd Street in West Chelsea, Manhattan

8:00 am on January 11, 2022 By Michael Young

Façade installation is getting close to completion on The Cortland, a 25-story residential building at 555 West 22nd Street in West Chelsea. Designed by Robert A. M. Stern Architects with SLCE Architects as the architect of record and developed by Related Companies, the structure will yield 144 residential units spread over 250,000 square feet, for an average of 2,245 square feet. Related Sales LLC and CORE are the co-sales and marketing agents for the property, which is located along West Street across from Hudson River Park between West 22nd and West 23rd Streets. Sales will launch early this year and homes range from studios to five-bedroom layouts, along with a collection of exclusive penthouses.

Charlotte of The Upper West Side’s Exterior Progresses on Manhattan’s Upper West Side

7:30 am on January 11, 2022 By Michael Young

Exterior work is continuing on Charlotte of The Upper West Side, a nine-story condominium building at 470 Columbus Avenue on Manhattan’s Upper West Side. Designed by BKSK Architects and developed by The Roe Corporation, the structure is engineered to meet eco-friendly standards set by the German-based Passive House Institute, which is known to reduce energy consumption for heating and cooling by up to 90 percent. Alyssa Kapito Interiors and BKSK both designed the interiors, Compass is handling sales and marketing of the seven full-floor condominiums, and Hudson Meridian Construction Group is the general contractor for the project, which is located between West 82nd and 83rd Streets, just north of the American Museum of Natural History.

Rendering of 2080 Boston Road at Lambert Houses - Courtesy of Dattner Architects

Phipps Houses Receives $188M Financial Package to Continue Construction at Lambert Houses in The Bronx

7:00 am on January 11, 2022 By Sebastian Morris

Phipps Houses has successfully closed on a $188 million financial package to complete the second phase of renovations at Lambert Houses. Located in the West Farms section of The Bronx, the affordable housing complex spans 12 acres of land near the Bronx Zoo.

Permits Filed for 261 Bedford Park Boulevard in Jerome Park, The Bronx

6:30 am on January 11, 2022 By Vanessa Londono

Permits have been filed for a four-story residential building at 261 Bedford Park Boulevard in Jerome Park, The Bronx. Located at the intersection of Briggs Avenue and Bedford Park Boulevard, the corner lot is near the Bedford Park Boulevard subway station, serviced by the B and D trains. Geri Z Development LLC is listed as the owner behind the applications.

241 West 28th Street’s Brick Façade Begins Installation in Chelsea, Manhattan

8:00 am on January 10, 2022 By Michael Young

Construction has topped out on 241 West 28th Street, a 22-story two-tower residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 235-foot-tall, 400,000-square-foot development will yield 480 residential units with 30 percent reserved for low- and middle-income households. King Contracting Group is in charge of brickwork and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues. MAG Partners acquired the Midtown, Manhattan property in December 2018 when it was still an open-surface parking lot and established a 99-year ground lease with Edison Properties.

Excavation Progresses at 308 West 43rd Street in Midtown, Manhattan

7:30 am on January 10, 2022 By Michael Young

Excavation is progressing at 308 West 43rd Street, the site of a two-building residential development in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot development will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space. Triton Construction is serving as the general contractor for the property, which is located between West 42nd and 43rd Streets and Eighth and Ninth Avenues, directly north of the Port Authority Bus Terminal.

Rendering of 240 Willoughby Street - Courtesy of Rabsky Group

Rabsky Group Secures $72M Financial Package to Construct 240 Willoughby Street in Fort Greene, Brooklyn

7:00 am on January 10, 2022 By Sebastian Morris

The Rabsky Group recently closed on a $72 million construction loan to complete a new high-rise residential building at 240 Willoughby Street in Fort Greene, Brooklyn. Provided by SCALE Lending, the construction loan will also fund the renovation of an existing 21-story, 189-unit multifamily development within the same complex.

Permits Filed for 990 Franklin Avenue in Crown Heights, Brooklyn

6:30 am on January 10, 2022 By Vanessa Londono

Permits have been filed for a six-story residential building at 990 Franklin Avenue in Crown Heights, Brooklyn. Located between Sullivan Place and Montgomery Street, the interior lot is near the Prospect Park subway station, serviced by the B, Q and shuttle trains. Ian Bruce Eichner of Continuum Company under the Franklin Avenue Property Owner LLC is listed as the owner behind the applications.

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Residential

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