Affordable housing

New Renderings Revealed for BIG’s Four-Skyscraper Freedom Plaza Master Plan in Murray Hill, Manhattan

8:00 am on February 13, 2024 By Michael Young and Matt Pruznick

Bjarke Ingels Group (BIG) has unveiled a new set of renderings of its 4.1-million-square-foot proposal for Freedom Plaza, a potential mixed-use casino development on the border of Murray Hill and Tudor City. Developed by The Soloviev Group, which currently owns the property, in a joint collaboration with Mohegan Gaming & Entertainment, plans call for two new residential skyscrapers rising 50 to 60 stories tall with 1,325 apartments, including 510 affordable housing units, as well as two 51-story hotel towers with 1,200 guest rooms split between Banyan Tree and Mohegan branding. A new landscaped waterfront park, a below-grade casino, and a museum would sit beneath the skyscrapers. The 6.5-acre property is the largest undeveloped plot in Manhattan, and is located along First Avenue between East 38th and East 41st Streets, directly south of the United Nations complex.

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4778 Broadway’s Façade Progresses in Inwood, Manhattan

7:30 am on February 13, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on 4778 Broadway, a 12-story mixed-use building in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, which purchased the property for $12 million in 2018, the 99,000-square-foot structure will yield 80 affordable housing units and 18,759 square feet of commercial space on the lower levels. M4778 Broadway LLC is listed as the owner and GDI Construction is the general contractor for the project, which rises from a 12,000-square-foot interior parcel by the corner of Broadway and Dyckman Street.

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763 Park Avenue in Bedford Stuyvesant, Brooklyn

Housing Lottery Launches for 763 Park Avenue in Bedford Stuyvesant, Brooklyn

6:30 am on February 13, 2024 By Vanessa Londono

The affordable housing lottery has launched for 763 Park Avenue, a four-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by S. Wieder Architect and developed by Joel Jakobowitz, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $127,989 to $198,250.

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Housing Lottery Launches for 61 Delmonico Place in Bed-Stuy, Brooklyn

6:30 am on February 12, 2024 By Vanessa Londono

The affordable housing lottery has launched for 61 Delmonico Place, a four-story residential building in Bedford Stuyvesant, Brooklyn. Designed by S. Wieder Architect and developed by Joel Jakobowitz, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,178 to $165,230.

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Rendering of 3875 9th Avenue - Aufgang Architects

North Cove Climbs to Halfway Mark at 3875 Ninth Avenue in Inwood, Manhattan

8:00 am on February 11, 2024 By Michael Young and Matt Pruznick

Construction has reached the halfway mark on North Cove, a 30-story residential building at 3875 Ninth Avenue on the Harlem River waterfront in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, the 295-foot-tall structure will span 544,000 square feet and yield 611 affordable rental apartments, 60,000 square feet of lower-level retail space, residential amenities, and 120 parking spaces. Sherman Creek Owner LLC & Sherman Creek LIHTC Owner LLC are listed as the owners and Joy Construction Corp. is the general contractor for the property, which is alternately addressed as 373 and 375 West 207th Streets and bound by West 207th Street, Ninth Avenue, and the Harlem River.

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