This month, the 92nd Street Y kicked-off a multi-phase redevelopment of its historic headquarters on the Upper East Side, Manhattan. Located at 1395 Lexington Ave at the corner of East 92nd Street, the $200 million restoration project will help the organization enrich the services, events, and facilities it provides to its visitors and the local Manhattan community.
The affordable housing lottery has launched for 310 Grand Concourse, a 14-story residential building in Mott Haven, The Bronx. Designed by Fischer + Makooi Architect and developed by Simon Kaufman, the structure yields 135,106 square feet, with 157 units and 66 enclosed parking spaces. Available on NYC Housing Connect are 24 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $56,983 to $115,280.
Permits have been filed for a four-story residential building at 406 Midwood Street in Prospect Lefferts Gardens, Brooklyn. Located between New York and Brooklyn Avenues, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Jacob Scherman under the Homeland Property Group LLC is listed as the owner behind the applications.
Façade work is wrapping up on Olympia, a 33-story residential tower at 30 Front Street in DUMBO, Brooklyn. Designed by Hill West Architects and developed by Fortis Property Group, the 401-foot-tall sail-shaped structure will yield 76 condominium units in one- to five-plus-bedroom layouts with interiors by Workstead. Sales and marketing are being led by Fredrik Eklund and John Gomes of the Eklund Gomes Team at Douglas Elliman and Karen Heyman at Sotheby’s, and Urban Atelier Group is the general contractor for the property, which is bound by Front Street to the north, Washington Street to the east, and York Street to the south.
Site excavation and foundation work is now underway for Halo, a three-tower high-rise development that will eventually be one of the tallest buildings in Newark, New Jersey. Located at 289-301 Washington Street, the 38-, 42-, and 46-story towers will comprise a mix of rental apartments, residential amenities, and a multi-level parking garage. The tallest tower will top out at 573 feet.
