Note: Due to the 15 floor component, in the high rise compilation. If it was just 8 floor, would go in the mid.
Project: 1465 Park Avenue
Last month, the City Council approved a rezoning application for a 400-unit affordable development at 1465 Park Avenue in East Harlem. Now Tahl Propp Equities and L+M Development have filed plans for the 15-story project between 107th and 108th Streets.
The 15-story, half million-square-foot building will fill a parking lot across the street from the elevated Metro North viaduct, on the eastern side of Park Avenue. Tahl Propp owns a 30-year-old Section 8 rental development next door called Lexington Gardens I, and the new building will be known as Lexington Gardens II.
Curtis + Ginsberg Architects are designing the project, which will resemble a series of linked buildings that vary in height from eight to 15 stories. Units will range from studios to three-bedrooms.
The apartments will rent to tenants from a broad swath of incomes, from households making 30 percent of the Area Median Income ($24,480 for a family of three) to 130 percent AMI ($106,080 for for a family of three). Twenty percent of the units will be “permanently affordable” because of the city’s Mandatory Inclusionary Housing policy. The rest will remain income-restricted for 40 years, under a regulatory agreement between the city and the developers.
The South Bronx is full of subsidized rental projects, but developer Omni New York is aiming higher with plans for a low-income apartment building that will be one of the most energy efficient in the borough. Omni will construct the second building in its big affordable development in Melrose, Morris Avenue Apartments, to meet the standards of passive house construction. That means the building will have several inches of insulation in the walls, a special ventilation system and extra thick windows.
When complete, Morris II will be the first large, affordable passive house development in the Bronx. It will follow in the footsteps of Via Verde, an eco-friendly, subsidized development designed by Dattner Architects that was finished a few blocks away in 2012.
The 15-story building at 2950 Park Avenue will hold 154 apartments, 46 of which will be set aside for formerly homeless tenants. Five apartments will go to families earning 50 percent of the Area Median Income, or $42,500 for a family of four, and 79 units will be reserved for those earning 60 percent AMI, or $51,600 for a family of four. Finally, 23 units will go to tenants making 80 percent AMI, or $72,500 for a family of four.
NEW YORK | 411 West 120th Street | 166 FT | 15 FLOORS
Project: 411 West 120th Street
Morningside Heights is set to get a new residential tower at 411 West 120th Street, one block from Columbia University. The development site is situated midblock between Morningside Drive and Amsterdam Avenue, and currently holds a stately pre-war apartment building that has an elegant rusticated limestone base. Permits were filed back in September and are now approved, and since then the existing building has been shrouded with construction netting in preparation for demolition.
The approved plans call for a 15-story high-rise of 166 feet, including its rooftop bulkhead. The owner listed on the permits is Harry Tawil, with Beyer Blinder Belle is serving as architects. The firm is also working with Savanna and the Jewish Theological Seminary (JTS) on a residential and academic building addition for the JTS campus.
Nonprofit housing firm Phipps Houses is planning to build 403 residential units on Atlantic Avenue in East New York, according to property records filed with the city Monday. The building is the first step in a plan to construct roughly 1,200 apartments on the site, the firm said.
The residential section of the 14-story building would span more than 377,300 square feet. Along with the 403 units — all of which would be affordable — there are plans for 20,977 square feet of commercial space, including three retail units on the ground floor. Dattner Architects is the architect of record.
NEW YORK | 707 Concourse Village West + 702 Grand Concourse + 180 East 156th Street
I have a feeling these will be high rises in the 12 to 14 floor range. The Bronx is set for a big boom.
Project: 707 Concourse Village West + 702 Grand Concourse + 180 East 156th Street
Guido Subotovsky’s Azimuth Development Group is teaming up with the Upper Manhattan Development Corp. to build a trio of apartment buildings in the South Bronx that will bring 275 rental apartments to the neighborhood.
The three buildings will have addresses at 707 Concourse Village West, 702 Grand Concourse and 180 East 156th Street, according to plans Azimuth filed with the city’s Department of Buildings.
The Upper Manhattan Development Corporation owns the properties, two of which are adjacent running block-through and another that sits at the corner of East 156th Street and Concourse Village West.
The company bought that latter property, 180 East 156th Street, from the city in 2000. It bought the two others, 702 Grand Concourse and 741 Concourse Village West, in 2013 for a combined $3 million.
A representative for the Upper Manhattan Development Corp. referred questions to Azimuth, which did not immediately respond to a request for comment.
All told, the three buildings would combine for about 212,800 square feet.
NEW YORK | 570 East 137th Street | 120 FT | 9 FLOORS
Project: 570 East 137th Street
The West Side Federation for Senior and Supportive Housing hopes to build a nine-story, 159-unit building at 570 East 137th Street, at the corner of St. Ann’s Avenue. Construction on the development, dubbed Mill Brook Terrace, is expected to start later this year and wrap by 2019.
All of the apartments will be set aside for seniors who earn 50 percent or less of the Area Median Income, which is $36,250 for a family of two, according to a NYCHA fact sheet released last August. During the housing lottery selection process, current NYCHA residents will get preference for a quarter of the units.
The ground floor will feature a 9,000-square-foot senior center with a commercial kitchen, neighborhood community space, activity rooms for senior programming, and a public outdoor garden, followed by a landscaped shared terrace on the second floor. The upper floors will hold 120,900 square feet of residential space. Typical apartments would measure 760 square feet.
Perkins Eastman Architects is designing the building.
The second phase of Lightstone's two-building rental complex in Gowanus has made some serious progress since we last swung by in September. Since the successful launch of the first phase’s 429 rental units last fall, its complementing building at 363 Bond has installed much of its brick and glass façade. Like 365 Bond, 363 is being designed by Hill West Architects. The building sports a more muted palette of tan and grey brick, rather than red, but like its neighbor, the skin is highlighted by dark metal spandrels and multi-pane floor-to-ceiling windows.
Now, the lottery is opening for the 54 below-market rate apartments at the under-construction #363, ranging from $833/month studios to $1,082/two-bedrooms, available to those earning 60 percent of the area median income. Qualifying New Yorkers can apply for the affordable apartments at 363 Bond Street until May 19, 2017.
It’s been some time since we checked in on 315 West 121st Street in Harlem. Positioned on a quiet street between St. Nicholas and Manhattan avenues, the site is convenient to the express A and D trains at 125th Street, Morningside Park and all the restaurants and shopping West Harlem offers. Though building permits were filed in the spring 2014, the weeded lot laid fallow until foundation work began late last year. Now, re-bar is thrusting upward and the 8-unit condo development is readying for its 8-story climb.
NEW YORK | Gerard/East 144th and East 146th Street (Treetop) | FT | 2 X 12 FLOORS
Project: Gerard/East 144th and East 146th Street (Treetop Development)
Treetop Development is planning to spend about $160 million to build two 12-story rental properties in the Mott Haven section of the South Bronx that will total about 360,000 square feet.
The projects are part of a growing list of residential and mixed-use developments in the southern area of the borough as it gains traction as a lower-cost destination with easy access to Manhattan.
"I look at this area as equivalent to Williamsburg 20 years ago," said Adam Mermelstein, a co-founder and managing member of Treetop. "It has subway access, and because it has been so industrial, you can build from a fresh slate."
To put the sites together where the two buildings will rise, Treetop purchased three contiguous properties on the west side of Gerard Avenue between East 144th and East 146th streets and a corner property across from it at East 144th Street, spending a total of $20.6 million on the four sites.
The company plans to build a roughly 260,000-square-foot residential rental building with ground-floor retail space on the three adjacent sites and an approximately 100,000-square-foot rental property across the street.
Mermelstein said the firm will wait until the end of the year before breaking ground on the projects in the hopes that the 421-a program, an expired property tax break for developers who include affordable units in their projects, will be reinstated by then. The break appears to have the necessary support from both the real estate industry and legislators in Albany to be renewed.