Residential

Housing Lottery Launches for 2817 Atlantic Avenue in East New York, Brooklyn

6:30 am on September 21, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2817 Atlantic Avenue, a 14-story mixed-use building in East New York, Brooklyn. Designed by Peter Pizzimenti and developed by Joel Schwartz under the 2815 Atlantic Holding LLC, the structure yields 68 residences. Available on NYC Housing Connect are 14 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $33,875 to $86,460.

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1661 Madison Avenue Nears Completion in East Harlem, Manhattan

7:30 am on September 20, 2022 By Michael Young

Construction is nearing completion on 1661 Madison Avenue, a eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure will yield 14 rental units. Construction Experts LLC is the general contractor for the property, which is located between East 111th Street to the north and Tito Puente Way to the south.

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20 East 110th Street Tops Out in East Harlem, Manhattan

7:30 am on September 19, 2022 By Michael Young

Construction has topped out on 20 East 110th Street, an eight-story mixed-use building in East Harlem, Manhattan. Designed by ARC Architecture Design Studio and developed by A&R Properties Group, the 80-foot-tall structure will yield 36,746 square feet with 25 rental units spread across 17,283 square feet, 7,000 square feet of community facility space, and 3,000 square feet of commercial space. SS Construction Experts is the general contractor for the property, which is alternately addressed as 1650 Madison Avenue and located at the corner of Madison Avenue and Tito Puente Way.

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Aerial rendering of 540 DeGraw Street - Handel Architects

Developers Close on $140M Loan to Complete Majestic at 540 DeGraw Street in Gowanus, Brooklyn

7:00 am on September 19, 2022 By Sebastian Morris

JLL Capital Markets has arranged a $142 million construction loan to finance the completion of Majestic, a 12-story mixed-use building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, the Urban Investment Group within Goldman Sachs Asset Management, Vorea Group and Mega Development, the building will yield 18,000 square feet of commercial space and 255 rental units. A total 25 percent of the units will be designated for affordable housing. Future Green Studio is the landscape designer for the property, which is located between Nevins Street and 3rd Avenue.

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