The Chetrit Group is now the owner of 260 South Street, a forthcoming high-rise complex on the Lower East Side of Manhattan, following a $70 million acquisition loan from Madison Realty Capital. The waterfront development will eventually include 64-story and 74-story towers in the Two Bridges section of the neighborhood.
The affordable housing lottery has launched for River Crest, a 17-story mixed-use building at 1164 River Avenue in Cromwell-Jerome, The Bronx. Designed by Aufgang Architects and developed by Maddd Equities, the structure yields 500 residences, 83,650 square feet of commercial space, and 84 parking spaces. Available on NYC Housing Connect are 225 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,429 to $132,400.
Elected officials recently celebrated the opening of a new COVID-19 testing and vaccination center at Astoria Houses. Located at 4-25 Astoria Boulevard in Astoria, Queens, the facility sits inside repurposed shipping containers and was designed in partnership by research teams from New Jersey Institute of Technology (NJIT) and The Tuchman Foundation.
The affordable housing lottery has launched for 64 Scholes Street, an eight-story senior housing building in Williamsburg, Brooklyn. Designed by Aufgang Architects and developed by Arker Companies, the structure yields 65 residences and community facility space. Available on NYC Housing Connect are 44 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $38,263 to $57,300.
The affordable housing lottery has launched for 3013 Eastchester Road, a five-story residential building in Baychester, The Bronx. Designed by KR Design Group and developed by Brian O’Donovan of Brivan Holdings LLC, the structure yields 20 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 $57,772 to $139,620.
