Today’s housing lottery round-up features nine buildings in The Bronx, Queens, and Brooklyn with available affordable units on Housing Connect with deadlines closing within the next seven days.
Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.
The Town of Mount Pleasant recently approved a financial incentives package to facilitate the completion of a new residential property at 500 Commerce Street. The project site is located in Hawthorne, New York, a small hamlet associated within Mount Pleasant and the surrounding Westchester County.
The Grace Baptist Church has big plans for the adjacent empty lot at Sixth Avenue and Second Street in Mount Vernon. Proposals are in the works for a 14-story building known as The Grace, yielding 267 apartments ranging from studios to three-bedroom units, parking below grade for 130 vehicles, ground-floor space for church conference rooms, and a catering hall. SLCE Architects is responsible for the design.
The affordable housing lottery has launched for the Parker West Apartments, a 21-story mixed-use building at 214 West 72nd Street on the Upper West Side of Manhattan. Designed by Greenberg Farrow and and developed by CBSK Ironstate, a collaboration of SK Development, CB Developers, and Brooklyn Standard Properties, the structure yields 38,006 square feet and 19 residences. Available on NYC Housing Connect is one unit for residents at 80 percent of the area median income (AMI), ranging in eligible income from $67,132 to $118,400.
