The affordable housing lottery has launched for 249 North 5th Street, a seven-story mixed-use building in Williamsburg, Brooklyn. The 42,000-square-foot development is also addressed as 70 Havemeyer Street and yields 48 units. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,920 to $167,570.
Construction is complete on 21-59 44th Drive, a six-story mixed-use building in Long Island City, Queens. Designed by Z Architecture, the rectilinear reinforced concrete structure yields 20 residential units, 2,600 square feet of ground-floor retail space, and 361 square feet of community facilities on a plot of land bound by 44th Drive to the south and 23rd Street to the east.
The affordable housing lottery has launched for 334 Evergreen Avenue, a four-story music-themed residential building in Bushwick, Brooklyn. Designed by S&S Architectural Design, the 6,958-square-foot development yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,429 to $167,570.
Residential conversion and expansion work is progressing on 67 Vestry Street, a 13-unit condominium building along Hudson River Park in Tribeca. Designed by BP Architects with Gachot Studios handling the interiors, the project involves a roof-level addition that will raise the structure from nine stories and 115 feet tall to 13 stories and 153 feet tall. Iliad Realty Group is developing the property, which it purchased for $55.5 million in 2017. Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the the 88,712-square-foot Romanesque revival edifice.
Construction is nearing topping out on Turken House, a 21-story mixed-use building at 300 East 41st Street in the Midtown, Manhattan neighborhood of Murray Hill. Designed by Perkins + Will for a non-profit company called The Turken Foundation, the nearly 80,000-square-foot structure will stand 227 feet tall and provide Turkish students with 82 turnkey residences, both single- and double-occupancy quarters, and help with scholarships and job opportunities in the United States. 300 East 41st Street is located at the corner of East 41st Street and Second Avenue, near both the United Nations and Grand Central Terminal, and was previously occupied by two low-rise properties that were purchased for a combined $17.5 million.
