A 762-foot skyscraper in the Financial District is now accepting applications for 97 affordable apartments. Developed by Carmel Partners and designed by Gerner Kronick + Valcarcel and SLCE Architects, the residential development at 118 Fulton Street (also known as 19 Dutch Street) contains 483 rental units. The glassy tower will have over 8,000 square feet of retail space on the cellar, first and second levels. Qualifying New Yorkers earning 60 percent of the area median income can apply for units ranging from $788/month studios to $1,025/month two-bedrooms.
Gerner Kronick + Valcarcel Architects
Here’s your rare opportunity to purchase a NYC condominium in an upscale building for a fraction of market-rate prices. The developers of Clinton Hill‘s under-construction condo Waverly Brooklyn are now accepting applications for 11 subsidized homes priced as low as $156,444. Qualified applicants have a chance to purchase the deal of a lifetime with studio, one- and two-bedroom homes priced 86-percent below the neighborhood’s market-rate medians. The condos are available to households earning between $32,617 to $48,923.
The teaser site has launched for Clinton Hill’s seven-story condo development known as Waverly Brooklyn. The project, developed by Andrew Bradfield’s Orange Management, will accommodate 48 condominium units throughout roughly 60,000 square feet of floor area. The architect is Gerner Kronick + Valcarcel Architects (GKV), who have perfected textured exteriors comprised of exposed cast-in-place concrete. Inside there will be studio, one, two, three and four-bedroom condominium residences.
In anticipation of its official sales launch later this winter, Ben Shaoul’s Magnum Real Estate Group has illuminated Luminaire, a 103-unit condominium-conversion at 385 First Avenue in downtown’s Gramercy Park neighborhood. According to the marketing team, the cool-blue lighting scheme, specified by Magnum, is inspired by the building’s floor-to-ceiling windows and sun-bathed units.
Rising from the birthplace of the romantic skyscraper, a svelte 51-story condominium known as the Beekman Residences will soon receive its twin pyramidal crowns. The to-be-illuminated, open-air pinnacles will bring the building’s 599-foot roof height up an additional 51 feet, granting us skyline-watchers a new silhouette to gaze upon. While the tower’s height is unremarkable in today’s world of kilometer-high skyscrapers (it’s only the 24th tallest building now under construction in the city), its peculiar design and prominent location overlooking Park Row is sure to add to the exceptional urban room created by the variously-styled towers surrounding City Hall Park.
We have a feeling well-known architects David H. Sherman, of Abelow Sherman Architects, and his wife Benita Welch, a Principal at Gerner Kronick + Valcarcel Architects, will give the interior of their new home a fresh coat of paint before settling in…that is, unless they like the current bubble-gum-pink color scheme.
It makes perfect sense that the couple picked up this Victorian house in Ditmas Park for themselves and their two children, as Benita specializes in restoring historic homes, and David is known for his expertise working with NYC townhouses. According to city records filed today, they purchased 28 Waldorf Court for $1.41 million. Located just off Rugby Road (often considered the heart of Victorian Flatbush) on a highly desirable cul-de-sac, the five-bedroom home has been in the same family for 30 years.