Housing Lottery Launches for 520 West 48th Street in Hell’s Kitchen, Manhattan

The affordable housing lottery has launched for The Clinton, a seven-story residential building at 520 West 48th Street in Hell’s Kitchen, Manhattan. Developed by Hudson Inc., the structure yields 109 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 $89,143 to $146,900.

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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Below-Grade Work Progresses at 111 Washington Street in Manhattan’s Financial District

The ninth-tallest building on our year-end construction countdown is 111 Washington Street, a 712-foot-tall residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 64-story structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.

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Industry City overhead render, via industrycity.com

Industry City Announces New Innovation Campus Tenants in Sunset Park, Brooklyn

Aanika Biosciences, a biotech firm focused on enhancing global food safety and transparency, has opened a new 27,087-square-foot facility at Industry City in Sunset Park, Brooklyn. The opening marks a significant expansion from its initial 900-square-foot space that opened in 2018. The new facility will include offices for the company’s growing team and increased capacity for research and development, wet lab testing, and biomanufacturing.

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Housing Lottery Launches for 26-31 3rd Street in Astoria, Queens

The affordable housing lottery has launched for 26-31 3rd Street, a five-story residential building in Astoria, Queens. Designed by Barry J. Bank Consulting Engineering, the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $83,349 to $198,250.

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