The housing lottery is now open for Nehemiah Spring Creek, two separate residential developments in East New York, Brooklyn. Developed by Nehemiah Housing Development Fund Company, a non-profit housing affiliate for East Brooklyn Congregations in partnership with Monadnock Development, the buildings in this phase yield a total 214 rentals in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are the 214 apartments for residents with an eligible income between $18,618 to $126,900, ranging from 30 to 90 percent of the Area Median Income (AMI). The structures are part of a 45-acre development plan that brings a mix of retail, affordable apartment rentals, and townhouse home ownership.
Installation of the signature bay windows is nearing completion on Thomas Heatherwick‘s Lantern House at 515 West 18th Street in Chelsea. Developed by Related Companies with SLCE Architects as the architect of record, the ten- and 21-story reinforced concrete edifices straddle the High Line and yield 181 residential units. Sales and marketing are led by Related Sales LLC and Corcoran Sunshine Marketing Group.
The housing lottery is now open for The Cove, an 18-story residential development at 43-12 Hunter Street in Long Island City, Queens. Developed by Rockrose Development and designed by SLCE Architects with interiors by Slade Architecture, the building yields a total 123 rentals in a mix of studios, one-, and two-bedroom units. Available on NYC Housing Connect are the 37 apartments at 130 percent of the area median income, ranging from $68,229 to $159,640.
Exterior work is moving along on the residential conversion and retail addition at One Wall Street in the Financial District. Designed by SLCE Architects and developed by Macklowe Properties, the projected $1.5 billion undertaking is the largest office-to-condominium conversion in New York City history. When complete, the property will yield 566 residential units with sales handled and marketed by CORE, as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels.
There has definitely been a huge amount of vertical progress and activity at the site of 555 West 38th Street. The rising reinforced concrete edifice is eventually going to culminate at a 570-foot-tall roof parapet and become a residential skyscraper in Hudson Yards. Designed by Pelli Clarke Pelli Architects and developed by Rockrose with SLCE as the architect of record, there will be a total of 52 floors and 598 rental units. The property is found along Eleventh Avenue between West 38th Street and West 39th Street and is directly across from the Jacob K. Javits Center.