Crews are readying for excavation at the site of Majestic, a 12-story residential building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, Goldman Sachs Asset Management’s Urban Investment Group, Vorea Group, and Mega Development, the 146-foot-tall structure will span 244,882 square feet and yield 268 rental units with an average scope of 861 square feet, as well as 13,929 square feet of retail and office space and 45 enclosed parking spaces. Twenty-five percent of the apartments will be designated for affordable housing. Future Green Studio is the landscape designer and Mega Contracting Group is the general contractor for the property, which is alternately addressed as 537 Sackett Street and bound by DeGraw Street to the north, Sackett Street to the south, and Nevins Street to the west.
The affordable housing lottery has launched for 35 Commercial Street, a newly constructed affordable housing property in Greenpoint, Brooklyn. Located within the Greenpoint Landing mega-complex, the 22-story building will contain 374 permanently affordable apartments and 7,600 square feet of retail space on the lower levels. The project is developed by Park Tower Group along with Greenpoint Landing Associates, New York City’s Housing Preservation & Development (HPD), and the Housing Development Corporation (HDC).
Construction has broken ground at 326 Rockaway Avenue, the site of a 17-story affordable housing development in Brownsville, Brooklyn. Designed by Aufgang Architects and developed by Slate Property Group and RiseBoro Community Partnership, the project will yield 215 permanently affordable housing units, around 5,000 square feet of ground-floor commercial space, and will debut as one of the most sustainable income-restricted properties in New York City. Slate appointed multidisciplinary design studio OSD (the Office of Strategy and Design) as the landscape architects responsible for designing a welcoming outdoor experience.
Façade installation has reached the Art Deco-inspired crown of Monogram New York, a 35-story residential skyscraper at 135 East 47th Street in Midtown East. Designed by Ismael Leyva Architects and developed by Navigation Capital Group, the 500-foot-tall structure will yield 191 condominium units designed by Shanghai-based Neri & Hu in studio to two-bedroom penthouse layouts, as well as 5,000 square feet of ground-floor retail space. Anthology Group is the hospitality partner and Cauldwell Wingate is the general contractor for the tower, which is located between Lexington and Third Avenues. CORE is handling sales and marketing of the units with asking prices ranging from under $1 million to $5 million for the four-bedroom penthouses.
Douglaston Development has revealed new renderings of a 17-story residential building under construction at 1057 Atlantic Avenue in Bedford-Stuyvesant, Brooklyn. Designed by dencityworks, a local architecture studio, the 474,000-square-foot building will deliver 456 apartments, a collection of amenity spaces, and 31,000 square feet of ground-floor retail space.