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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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Excavation in Full Swing at 50 Trinity Place, in Financial District

Excavation work is underway at 50 Trinity Place in the Financial District, where a ground-up, 28-story Aloft Hotel will soon rise. The upcoming reinforced concrete building will yield 173 rooms and 77,310 square feet of newly built space. Plans also call for a ground-floor restaurant adjacent to the lobby, as well as a fitness center on the second floor and seven to eight rooms per floor up to the last occupiable level. Peter Poon Architects is the designer of the tower while FIT Investment Corporation is the developer. The site was previously purchased for $15 million from Sam Chang in 2012.

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