Affordable Housing Lottery Launches for 241-15 Northern Boulevard Senior Apartments in Douglaston, Queens

The affordable housing lottery has launched for 241-15 Northern Boulevard Senior Apartments, a five-story residential building in Douglaston, Queens. Built in 2021 by 241-15 Northern, LLC and North Shore Realty Group, the structure yields 55 residences. Available on NYC Housing Connect are 17 units for residents at 80 and 130 percent of the area median income (AMI), ranging in eligible income from $54,755 to $198,250.

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One Times Square’s New Façade Begins Installation in Times Square, Manhattan

Façade installation has begun on One Times Square, a 26-story commercial tower undergoing an extensive interior and exterior overhaul at 1475 Broadway in Times Square. Designed by S9 Architecture with SLCE as the architect of record and developed by Jamestown, the $500 million project involves the full gut renovation and re-cladding of the 120-year-old, 395-foot-tall steel-framed structure, along with the addition of new LED displays and public viewing decks with platforms that will overlook the district. R&R Scaffolding Companies will supply the BMU and Turner Construction Company is the general contractor for the property, which is located on a trapezoidal plot bound by West 43rd Street to the north, West 42nd Street to the south, Broadway to the east, and Seventh Avenue to the west.

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The Elisa Nears Completion at 251 West 14th Street in Chelsea, Manhattan

Construction is nearing completion on The Elisa, an 11-story residential building at 251 West 14th Street in Chelsea. Designed by Isay Weinfeld Architects, the structure will yield 25 condominium units in one- to three-bedroom layouts with sales and marketing led by Bianca D’Alessio, Christian Haag, and Mia Calabrese of Nest Seekers and SERHANT. Prices range from $1.45 million to $5 million for the four-bedroom penthouse. Pizzarotti is the general contractor for the property, which is located on an interior lot between Seventh and Eighth Avenues near the border of the West Village and the Meatpacking District.

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505 State Street, by Pavel Bendov

Alloy Development Launches Leasing for 505 State Street in Downtown Brooklyn

Alloy Development has launched leasing for 395 apartments at 505 State Street, a 44-story all-electric tower in the Alloy Block mixed-use development in Downtown Brooklyn. Located at the intersection of State Street and Flatbush Avenue, the overall development includes residential, office, and retail spaces, as well as New York City’s first two public schools built to Passive House standards.

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