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Rendering of Estela - Courtesy of VUW

Affordable Housing Lottery Launches for The Estela at 414-445 Gerard Avenue in Mott Haven, The Bronx

The Domain Companies has launched an affordable housing lottery for apartments at The Estela, a two-building rental complex in the Mott Haven section of the South Bronx. Located at 414 and 445 Gerard Avenue, the property contains a mix of 380 market-rate units, 164 affordable apartments, 35,000 square feet of tenant amenities, and about 9,000 square feet of ground-floor retail space, which will include a grocery store.

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Excavation Progresses at 18 West 55th Street in Midtown, Manhattan 

Excavation is in full swing at 18 West 55th Street, the site of a forthcoming 24-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed Garden Homes under the 18 West 55th Street LLC, the 289-foot-tall structure will yield 152,084 square feet with 97 rental units spread across 127,909 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. Garden Homes and co-developer and general contractor Skyline Developers purchased the property, which is located between Fifth and Sixth Avenues, for $75 million in 2019.

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Demolition Continues for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

Demolition is steadily moving downward at 100 West 37th Street, the site of a 68-story mixed-use residential skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will yield 384,118 square feet with 300 condominium units spread across 297,301 square feet, as well as 86,817 square feet of commercial space and two cellar levels. Northeast Specialist Group is currently serving as the demolition contractor for the corner property, which is alternately addressed as 989-993 Sixth Avenue and located at the intersection of Sixth Avenue and West 37th Street.

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Rendering of 35 Fourth Avenue. Designed by S. Wieder Architects

Signum Wraps Up Construction at 375 Dean Street in Park Slope, Brooklyn

Construction is finishing up on Signum, a 17-story residential building at 375 Dean Street on the border of Park Slope and Boerum Hill, Brooklyn. Designed by S. Wieder Architects and developed by 35 Holding LLC, the structure yields roughly 70,000 square feet of residential space with 143 rental units in studio to two-bedroom layouts, as well as 8,791 square feet of commercial space, 1,097 square feet of community facility space, parking for up to 43 vehicles, and a cellar level. Empire Management & Construction is the general contractor for the property, which is alternatively addressed as 35 Fourth Avenue and located at the corner of Dean Street and Fourth Avenue. Raizy Mandel and James Jaquez of NestSeekers International are in charge of leasing and marketing for the apartments.

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