Construction is now underway on the final tower of Journal Squared, a three-skyscraper development in Jersey City. Designed by HWKN Architecture and Handel Architects and developed by Kushner Real Estate Group and National Real Estate Advisors, the 60-story building will yield 600 rental apartments with interiors designed by Major and Handel Architects.
Construction is rising on 14 Second Avenue, a ten-story residential building in the East Village. Designed by David Cutler of Hustvedt Cutler Architects and developed by Daniel Vislocky of Station Companies, the 100-foot-tall, 22,247-square-foot development will yield ten units averaging 1,685 square feet apiece. The property is also expected to have two cellar levels and a 30-foot-long rear yard. New Empire Building Corporation is the general contractor for the project, which is narrowly wedged between First State Green Cultural Park and a row of low-rise buildings between East Houston and East 1st Streets.
The affordable housing lottery has launched for 65 Buchanan Place, a seven-story mixed-use building in University Heights, The Bronx. Designed by Asher Hershkowitz Architect and developed by Craig Nassi of BCN Development, the structure yields 23 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $60,515 to $139,620.
Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.
Permits have been filed for a seven-story mixed-use building at 546 Saratoga Avenue in Brownsville, Brooklyn. Located between Pitkin and Sutter Avenues, the interior 4,000-square-foot lot is three blocks north of the Saratoga Avenue subway station, serviced by the 2, 3, and 4 trains. Fazle Abbas Devjiyani is listed as the owner behind the applications.
