56 Fulton Street

Housing Lottery Launches for 60 Fulton Street in Manhattan’s Financial District

The affordable housing lottery has launched for 60 Fulton Street, a 23-story mixed-use building at 54-56 Fulton Street in Manhattan’s Financial District. Designed by Hill West Architects and developed by Parkland Group and Socius Development Group, the structure yields 120 residences. Available on NYC Housing Connect is a waiting list to fill four current and ongoing vacancies for the 30 affordable units allotted to residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $24,378 to $187,330.

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Rendering of 41-47 West 57th Street by OMA

1,100-Foot Supertall Awaits Construction at 41-47 West 57th Street in Midtown, Manhattan

The fourth-tallest building on our year-end countdown is 41-47 West 57th Street, a proposed 1,100-foot mixed-use supertall along Billionaires’ Row in Midtown. Designed by OMA and developed by Sedesco, the 63-story skyscraper will yield 119 condominium units spread across 237,000 square feet, a 158-room hotel spanning 205,100 square feet on floors two through 20, and a 10,212-square-foot restaurant. The tower is set to rise from an interior plot between Fifth and Sixth Avenues with frontage along both West 57th and West 58th Streets.

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Rendering of the Alafia campus along Fountain Avenue and Betts Creek

Renderings Reveal $1.2B Mixed-Use Alafia Campus in East New York, Brooklyn

Developers and New York State agencies have revealed renderings for Alafia, a 27-acre redevelopment project in East New York, Brooklyn. Located along Fountain Avenue near the Betts Creek waterfront, the $1.2 billion multi-phase campus will create 2,400 affordable apartments, a 15,000-square-foot outpatient medical clinic, retail space, multiple parking areas, and a mix of publicly accessible green space and recreational area.

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Housing Lottery Launches for 875 4th Avenue in Sunset Park, Brooklyn

The affordable housing lottery has launched for 875 4th Avenue, an eight-story residential building in Sunset Park, Brooklyn. Designed by Fischer + Makooi Architect and developed by Heritage Equity Partners under the 875 4th Avenue Acquisition LLC, the structure yields 150 residences and 62 enclosed parking spaces. Available on NYC Housing Connect are 45 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $53,863 to $187,330.

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