The affordable housing lottery has launched for 477 Gerard Avenue, a 13-story residential building in Mott Haven, The Bronx. Designed by Michael Kang Architecture and developed by Jai Ganesh Realty, the structure yields 66 residences. Available on NYC Housing Connect are 20 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $198,250.
Permits have been filed to horizontally expand a three-story residential building at 75 Calyer Street in Greenpoint, Brooklyn. Located between West Street and Franklin Street, the lot is closest to the Nassau Avenue subway station, serviced by the G train. Yossel Lichtman of Rogers Builders & Development is listed as the owner behind the applications.
Construction is finishing up on The Yellowstone, an 11-story residential building at 69-65 Yellowstone Boulevard in Forest Hills, Queens. Designed by Aufgang Architects and developed by Slate Property Group and Grobman-Gross Properties, the 182,000-square-foot structure yields 166 apartments in one- to two-bedroom layouts with 50 units designated as affordable housing, as well as a 50,000-square-foot Trader Joe’s, space for a bank branch, and 186 enclosed parking spaces. MNS Real Estate is leading leasing and marketing and SD Builder and Construction is the general contractor for the property, which is bound by Queens Boulevard to the northeast, Yellowstone Boulevard to the northwest, 69th Road to the southeast, and Gerard Place to the southwest.
Developer LCOR has closed on a $94 million loan to complete a 28-story residential tower in New Rochelle, New York. The property is located at 247 North Avenue and is on track to debut as one of the largest buildings to incorporate a geothermal system for heating and cooling interior spaces.
Permits have been filed for a six-story mixed-use building at 2026 Honeywell Avenue in West Farms, The Bronx. Located between East 178th and East 179th Streets, the lot is near the West Farms Square East Tremont Avenue subway station, serviced by the 2 and 5 trains. Yoel Klein under the Boinen LLC is listed as the owner behind the applications.
