A mixed-use development at 335 Fifth Avenue in Chelsea, Manhattan has officially broken ground. Located at the corner of Fifth Avenue and 3rd Avenue, the project is the latest development from MAG Partners and global holding company Safanad, who’ve retained COOKFOX Architects to design the property and Urban Atelier Group as general contractor.
The affordable housing lottery has launched for 219 Lenox Road, a seven-story residential building in East Flatbush, Brooklyn. Developed by Joseph Lichtman under the 219 Lenox Realty LLC and designed by N.A. Design Studio, the structure yields 50 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 $98,915 to $165,230.
Permits have been filed for a six-story mixed-use building at 8521 25th Avenue in Gravesend, Brooklyn. Located between 85th Street and 86th Street, the lot is steps from the 25th Avenue subway station, serviced by the D train. Tejpal Sandhu of 86th Street NY LLC is listed as the owner behind the applications.
Excavation is continuing at 111 Washington Street, the site of a 64-story residential skyscraper in the heart of Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 712-foot-tall structure will yield 326,221 square feet with 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.
A new affordable housing project for seniors has opened at 2850 Webster Avenue in Jerome Park, The Bronx, where developers and city officials recently joined for a ribbon-cutting ceremony. Located next to The New York Botanical Garden, the 12-story building was completed by Douglaston Development and designed by Stephen B. Jacobs Group.
