Housing Lottery Launches for The Henry at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx

The affordable housing lottery has launched for The Henry, a six-story residential building at 2395 Palisade Avenue in Spuyten Duyvil, The Bronx. Designed by Kutnicki Bernstein Architects and developed by Timber Equities, the structure yields 55 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,520 to $167,570.

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109 East 79th Street. Rendering by Noë & Associates with The Boundary

109 East 79th Street’s Brick and Stone Façade Progresses on Manhattan’s Upper East Side

Exterior work is continuing to progress on 109 East 79th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Steven Harris Architects and developed by Legion Investment Group, the 210-foot-tall structure will yield 145,000 square feet and 31 condominiums in two- to five-bedroom layouts, with Corcoran Sunshine Marketing Group’s Cathy Franklin Team leading sales and marketing. Prices range from $5.5 million for a two-bedroom residence to $35 million for a full-floor penthouse with private roof terrace. Cauldwell Wingate is the general contractor and Rees Roberts + Partners is the interior and landscape designer for the project, which is located between Lexington and Park Avenues.

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Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan

Construction is complete on Le Meridien Hotel, a 21-story mixed-use tower at 292 Fifth Avenue in NoMad. Designed by Gene Kaufman Architect and developed by the McSam Hotel Group, which purchased the property for $42.4 million in March 2017, the structure yields 187 hotel rooms and an unspecified number of residential units on the upper levels. The development is located between West 30th and West 31st Streets.

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Thessalonica Court - Courtesy of Jonathan Rose Companies

Thessalonica Court Achieves Sustainability Milestone at 350 Saint Anns Avenue in Mott Haven, The Bronx

Thessalonica Court in Mott HavenThe Bronx has become the nation’s first affordable housing property to achieve both Enterprise Green Communities and the WELL Building Standard certifications. Working in collaboration, Enterprise and The International WELL Building Institute (IWBI) debuted the joint certification program for affordable buildings in 2019 to encourage developers to build healthier buildings for the country’s most vulnerable populations.

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