The Yonkers Industrial Development Agency has granted preliminary approval for financial incentives for Teutonia Hall, a $458 million mixed-use residential complex featuring two 41-story towers at 4 Buena Vista Avenue in Yonkers.
The affordable housing lottery has launched for 1000 Lorimer Street, a 10-story mixed-use building at 840 Lorimer Street in Greenpoint, Brooklyn. Designed by Richard Bienenfeld Architects and developed by Shabsi Parnes, the structure yields 74 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $198,250.
At number 29 on our year-end countdown is 2-20 and 2-21 Malt Drive, a three-tower complex in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the development consists of a 34-story, 390-foot-tall structure with 575 units at 2-20 Malt Drive and a two-tower building at 2-21 Malt Dive with a 38-story, 440-foot-tall tower and a 25-story, 310-foot-tall sibling collectively housing 811 units. The project will span 1.43 million square feet and yield nearly 1,400 total units, with 30 percent designated for affordable housing, as well as around 25,000 square feet of retail space. Scape is the landscape architect and Bud North LLC and Bud South LLC are the general contractors for 2-21 and 2-20 Malt Drive, respectively, which will rise from a subdivided plot bound by 54th Avenue to the north, Newton Creek to the south, and 2nd Street to the west.
Construction is nearing topping out on 323 Bergen Street, a seven-story residential building in Boerum Hill, Brooklyn. Designed by GF55 Partners and developed and built by Avdoo Partners & Development under the Bergen Owner LLC, the 75-foot-tall structure will span 243,000 square feet and yield 105 condominium units with an average scope of 1,307 square feet, and 50 percent of the inventory will be reserved for affordable housing. The property stands on a large multi-parcel assemblage stretching 400 feet along Bergen Street between 3rd and 4th Avenues, with a narrower 45-foot frontage along Dean Street.
