Park Avenue Green, a new affordable housing community in the South Bronx is officially the largest Passive House development in North America. Defined by a stringent checklist of sustainable requirements, the project’s design reduces the expenditure of energy by incorporating a thoroughly sealed building envelope, advanced ventilation systems, low-energy cooling systems, and rooftop solar panels.
The official groundbreaking ceremony for TF Cornerstone‘s two-towered Hunters Point South project in Long Island City will be held today. In addition to over 1,000 new apartments, the site will give rise to what will temporarily become the tallest skyscraper on Queens’ East River waterfront. Fresh renderings have also been released, revealing additional exterior details of the buildings as well as the landscaped greenery and waterfront esplanade. The buildings’ addresses are 52-03 and 52-41 Center Boulevard.
Construction has officially wrapped up on a 12-story affordable housing development in the Mott Haven community of The Bronx. Located at 869 East 147th Street, the new “MLK Plaza” is the culmination of a partnership between private entity Radson Development, along with the city’s Housing Development Corporation (HDC) and the Department of Housing Preservation and Development (HPD).
The development team behind Victory Plaza, a new 100% affordable senior housing project, has successfully closed on $65 million in construction financing to facilitate completion of the project. Located in Harlem at 11 West 118th Street, the building will eventually rise nine stories and comprise 136 rental homes. A total of 41 units will be reserved for the formerly homeless.
Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.
