The affordable housing lottery has launched for 6375 Broadway, a seven-story residential building in North Riverdale, The Bronx. Designed by Marin Architects, the structure yields 65 residences and 36 parking spaces. Available on NYC Housing Connect are 23 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $61,715 to $187,330.
Permits have been filed for a seven-story mixed-use building at 2070 Chatterton Avenue in Castle Hill, The Bronx. Located between Pugsley Avenue and Olmstead Avenue, the lot is near the Castle Hill Avenue subway station, serviced by the 6 train. Guido Subotovsky under the Azimuth Development Group is listed as the owner behind the applications.
Work is nearing completion on 2505 Broadway, a 19-story residential building on Manhattan’s Upper West Side. Designed by ODA and developed by Adam America Real Estate, the 75,000-square-foot structure will yield 44 residential units in one- to four-bedroom layouts, many with private terraces. Ariel Tirosh and Douglas Elliman Development Marketing are the exclusive sales and marketing agents for the project, which is located near the corner of Broadway and West 93rd Street. As of now, the building is 50 percent sold and has immediate occupancy with prices starting from $1.625 million.
The Moinian Group and Bushburg have successfully closed on a $105 million construction loan to complete 2840 Atlantic Avenue, a rising property in East New York, Brooklyn that will include residential and affordable housing units, community space, lower-level retail, and 109 parking spaces.
Permits have been filed to expand a two-story structure into a seven-story mixed-use building at 1325 Broadway in Bushwick, Brooklyn. Located between Grove Street and Linden Street, the lot is a short walk to the Kosciuszko Street subway station, serviced by the J train. Paul Matalon of Solomon Equities is listed as the owner behind the applications.
