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Archer Green. All images courtesy of NYC Housing Connect

Housing Lottery Launches for Archer Green in Jamaica, Queens

The affordable housing lottery is open for Archer Green, a 23-story mixed-use development at 92-23 168th Street in Jamaica, Queens. Designed by Edelman Sultan Knox Wood Architects and developed by Omni New York, the 552,156-square-foot building will yield 387 units. Available on NYC Housing Connect are 351 units for residents from 40 to 130 percent of the area median income, ranging in eligible income from $20,160 to $183,300.

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1291-1297 Third Avenue

Possible Development Site Up For Sale At 1291-1297 Third Avenue, Upper East Side

Premier Equities is placing on the market an assemblage of five tenement buildings along Third Avenue, between East 74th Street and 75th streets, on the Upper East Side. According to Crain’s, the five-story tenements at 1291-1297 Third Avenue (the corner property also uses the address 201 East 74th Street) and another undisclosed four-story building on 75th Street are being advertised to developers. There’s roughly 115,000 square feet of development potential at the site, although a developer would most likely demolish two of the tenement buildings for a 95,000 square-foot residential tower, according to Meridian Investment Sales, the brokerage firm tasked to sell the properties. The assemblage doesn’t come with an asking price.

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