Joy Construction Corporation and Maddd Equities have secured $288 million in financing to complete North Cove, a 100-percent affordable housing tower at 373 West 207th Street in Inwood, Manhattan. Designed by Aufgang Architects, the 30-story building will comprise 611 apartments, a collection of amenity spaces, 60,000 square feet of retail on the lower levels, and 120 parking spaces.
The affordable housing lottery has launched for Parkside Manor, a nine-story residential building at 148-29 90th Avenue in Jamaica, Queens. Designed by Raymond Chan Architect, the structure yields 90 residences and 45 parking spaces. Available on NYC Housing Connect are 27 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $43,612 to $187,330.
Exterior work is nearing completion on Ruby, a 22-story two-tower residential complex at 241 West 28th Street in Chelsea. Designed by COOKFOX and developed by MAG Partners, Atalaya, Safanad, and Qualitas, the 400,000-square-foot project will yield 480 rental units with 144 reserved for low- and middle-income households, as well as 8,500 square feet of ground-floor retail space. Urban Atelier Group is the general contractor for the property, which is located on a through-block parcel between Seventh and Eighth Avenues with frontage on both West 28th and 29th Streets. The developers are aiming for LEED Silver certification.
The affordable housing lottery has launched for 6020 3rd Avenue, a five-story residential building in Sunset Park, Brooklyn. Designed by Tan Architect and developed by Ai Yun Chen, the structure yields 53 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,258 to $187,330.
The affordable housing lottery has launched for The Suffolk, a 31-story residential building at 55 Suffolk Street on the Lower East Side of Manhattan. Developed by The Gotham Organization and designed by Dattner Architects and JG Neukomm Architecture, the structure yields 378 residences made up of 25 percent permanently affordable and 75 percent market rate units. Available on NYC Housing Connect are 95 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $27,738 to $165,500.
