Affordable Housing Lottery Launches for 25-79 31st Street in Astoria, Queens

The affordable housing lottery has launched for 25-79 31st Street, a seven-story mixed-use building in Astoria, Queens. Designed by JLS Designs, the structure yields 23 residences and 12 parking spaces. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,572 to $156,130.

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278 Eighth Avenue Passes Halfway Mark in Chelsea, Manhattan 

Construction has passed the halfway mark on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project. Leeding Builders Group is the general contractor for the property, which is located along Eighth Avenue between West 23rd and West 24th Streets.

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Rendering of 'Maven' at 2413 Third Avenue - Courtesy of RXR Realty

Maven Tops Out at 2413 Third Avenue in Mott Haven, The Bronx

Construction has topped out on Maven, a 27-story mixed-use tower at 2413 Third Avenue in the Mott Haven section of the South Bronx. Designed by CetraRuddy and developed by RXR Realty, the structure will yield 145,643 square feet with 200 rental units, including 60 rent-stabilized units for middle-income households, as well as a small retail volume on the ground floor and a parking garage equipped with electric vehicle charging stations.

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