>On Monday, April 29, New York City Mayor Eric Adams kicked off the public review process for “City of Yes for Housing Opportunity,” a proposal aimed at tackling the city’s housing crisis. The plan, which is the most pro-housing proposal in the city’s history, aims to create more housing in every neighborhood through substantial zoning changes.
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The affordable housing lottery has launched for 2183 Morris Avenue, a nine-story residential building in Tremont, The Bronx. Designed by Badaly Architects and developed by Arben Mitaj of Euro Tech Developers, the structure yields 60 residences. Available on NYC Housing Connect are 59 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,246 to $218,010.
Permits have been filed for a four-story residential building at 3021 Corlear Avenue in Kingsbridge, The Bronx. Located between West 230th Street and West 231st Street, the lot is near the 231st Street subway station, serviced by the 1 train. Jayesh Gajjar under the Corlear Management LLC is listed as the owner behind the applications.
Exterior work is taking shape on 1393 York Avenue, a 17-story student housing complex in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Perkins + Will and developed by Weill Cornell Medical College, which purchased the property from Church of the Epiphany for $68 million in 2018, the 202-foot-tall structure will span 128,205 square feet and accommodate 272 students in 221 residences with an average scope of 657 square feet. The program includes 163 studios, seven one-bedrooms, and 51 two-bedroom units, as well as an additional 20,390 square feet of residential space, presumably for faculty housing. The project is located at the corner of East 74th Street and York Avenue.
GDS Development and Sweden-based property owner Corem have announced a 15-year lease with the restaurant group JKS Restaurants for a new 7,900-square-foot restaurant at 1245 Broadway, a 23-story commercial building in NoMad, Manhattan.
