GF55 Partners

Housing Lottery Launches for The Pearl at 475 Bay Street in Stapleton, Staten Island

The affordable housing lottery has launched for The Pearl, a 12-story residential building at 475 Bay Street in Stapleton, Staten Island. Designed by GF55 Architects and developed by BFC Partners, the 250,000-square-foot structure will yield 269 units. Available on NYC Housing Connect are 131 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $64,732 to $140,080.

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111 Willoughby Street Rises in Downtown Brooklyn

The 30th-tallest building on our year-end construction countdown is 111 Willoughby Street, a 40-story residential tower that has begun to rise in Downtown Brooklyn. Designed byGF55 Architects and developed by The Michaels OrganizationTriangle Equities, and Geolo Capital, the 437-foot-tall structure will span 205,000 square feet and yield 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG, LLC is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.

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Excavation Progresses at 380 4th Avenue in Gowanus, Brooklyn

Excavation is continuing at 380 4th Avenue, the site of a 17-story residential building in Gowanus, Brooklyn. Designed by GF55 Architects and developed by Quinlan Development Group LLC, the 175-foot-tall structure will span 211,650 square feet and yield 197 rental units with an average scope of 830 square feet, as well as 6,030 square feet of ground-floor commercial space, a cellar level, a 40-foot-long rear yard, and 30 enclosed parking spaces. Fifty of the units will be designated as affordable housing. McGowan Builders Inc. is the general contractor for the $78 million project, which is located between 3rd and 6th Streets.

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88 East 127th Street is Close to Wrapping Up in East Harlem, Manhattan

Construction is nearing the finish line on 88 East 127th Street, a 19-story residential building in East Harlem, Manhattan. Designed by GF55 Architects and developed and built by Artimus Construction, the 214-foot-tall structure will span 174,951 square feet and yield 160 rental units, with 40 reserved for affordable housing, as well as 15,657 square feet of commercial space. The project stands on a formerly vacant plot bound by Park Avenue, and East 126th and East 127th Streets.

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