Residential

3401 Third Avenue - Alexander Gorlin Architects

Affordable Housing Development ‘El Borinquen Residences’ Now Complete at 3401 Third Avenue in The Bronx

Developers and city agencies recently celebrated the completed of El Borinquen Residences, a new, deeply affordable property in The Bronx. Located at 3401 Third Avenue in the Morrisania neighborhood, the ten-story building houses 148 affordable apartments, including 29 homes for seniors at or below 30 percent Area Median Income (AMI), and 90 units designated for the formerly homeless and youths aging out of foster care. The latter includes access to on-site supportive services.

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Housing Lottery Launches for 168 Force Tube Avenue in Cypress Hills, Brooklyn

The affordable housing lottery has launched for 168 Force Tube Avenue, a three-story residential building in Cypress Hills, Brooklyn. Developed by Lo Sardo General Contractors, the structure yields 22,006 square feet and 26 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $215,150.

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Updated rendering of 25 Maple Avenue - Beyer Blinder Belle

Twenty Five Maple Debuts at 25 Maple Avenue in New Rochelle

Construction is now complete on Twenty Five Maple, a seven-story mixed-use property at 25 Maple Avenue in downtown New Rochelle. Designed by Beyer Blinder Belle and developed by WBP Development and LMXD, an affiliate of L+M Development Partners, the 275,000-square-foot building comprises 184 rental units in studio to two-bedroom layouts, 1,900 square feet of ground floor commercial space, and a 115,000-square-foot parking structure.

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540 Fulton Street, designed by Marvel Architects

The Paxton’s Façade Nears Completion at 540 Fulton Street in Downtown Brooklyn

Exterior work is nearing completion on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

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