Taconic Investment

Coney Island Phase I courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 400 Units at Coney Island Phase I in Brooklyn

The affordable housing lottery has launched for Coney Island Phase I, a residential building addressed as both 2926 West 19th Street and 2943 West 20th Street in Coney Island, Brooklyn. Developed by BFC Partners, L+M Development Partners, and Taconic Investment Partners, the 521,000-square-foot structure consists of two 16-story towers above a seven-story podium. Available on NYC Housing Connect are 400 units for residents at 30 to 130 percent of the area median income (AMI), ranging in eligible income from $14,778 to $192,400.

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Demolition Underway at 308 West 43rd Street in Midtown, Manhattan

Demolition is underway at 308 West 43rd Street, the site of a two-building residential project in Midtown, Manhattan. Designed by Handel Architects and developed by Taconic Partners under the 311 West 42nd Street Associates LLC, the 373,133-square-foot development will rise directly to the north of Port Authority Bus Terminal and will yield 321 apartments averaging 839 square feet apiece as well as 25,202 square feet of retail space.

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One Essex Crossing Nears Completion on Manhattan’s Lower East Side

Construction is nearing completion on One Essex Crossing, a 14-story full-block development at 202 Broome Street on Manhattan’s Lower East Side. Designed by CetraRuddy for Delancey Street Associates, which is comprised of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the mixed-use project will add a mix of residential and office space to the nine-building Essex Crossing master plan. Corcoran Sunshine Marketing Group is handling sales for One Essex Crossing, with prices ranging from $890,000 for a studio to $6,689,000 for a duplex penthouse.

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Construction Completes on The Artisan at 180 Broome Street in Essex Crossing, Lower East Side

Construction is complete on The Artisan, a 26-story residential building at 180 Broome Street on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Delancey Street Associates, which is made up of BFC Partners, L+M Development PartnersTaconic Partners, The Prusik Group, and Goldman Sachs Urban Investment Group, the building contains 263 residences ranging from studios to three-bedroom apartments. The project is part of the 1.9-million-square-foot Essex Crossing master plan and is bound by Delancey Street to the north, Clinton Street to the east, Broome Street to the south, and Suffolk Street to the west.

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Rendering of 2 Hudson Square by SHoP Architects

SHoP Architects’ 26-Story Two Hudson Square Awaits Construction in Hudson Square, Manhattan

Construction preparations have yet to begin at Two Hudson Square, site of a 465-foot-tall mixed-use project in Hudson Square. Alternately addressed as 76 Varick Street, the vacant 32,699-square-foot property will give rise to a 26-story, 450,380-square-foot building designed by SHoP Architects and developed by a joint venture between Taconic Investment Partners and Nuveen, which acquired the land in a 99-year lease from Trinity Real Estate. The trapezoidal plot is bound by Canal Street to the south, Varick Street to the west, Grand Street to the north, and Sullivan Street and Duarte Square to the east.

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