The Brooklyn Navy Yard Development Corporation this week announced two large technology and manufacturing leases at Building 127. Together, the new leases measure up to 56,000 square feet and represent a robust year of sales and progress within Brooklyn Navy Yard.
A new rendering of a proposed condominium building offers the first look at what could become of a narrow vacant lot at 151 Freeman Street in Greenpoint, Brooklyn. Designed by Pliskin Architecture, the building is expected to rise four stores above ground and comprise 7,084 total square feet.
Today’s housing lottery round-up features five buildings with affordable units on Housing Connect with deadlines closing within the next seven days. Unfortunately, an update to the Housing Connect website this week has apparently left the system rather glitchy, as it now lists incorrect numbers of units remaining, and the photos and renderings have similarly become defunct, all in the midst of New York City’s worst housing crisis since the 1930s.
The affordable housing lottery is open for 605 Hart Street, an eight-story mixed-use development in Bushwick, Brooklyn. Designed by Rise-Architecture, the 56,416-square-foot building will yield 54 units. Available on NYC Housing Connect are 17 units for residents at 80 to 130 percent of the area median income, ranging in eligible income from $46,149 to $159,640.
Heritage Equity Partners recently secured $53 million in construction financing to build a new multifamily rental property in Sunset Park, Brooklyn. The property is located at 875 4th Avenue in an area colloquially referred to as South Slope and will yield 150 units.