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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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111 West 57th Street

111 West 57th Street Lands $725 Million In Financing

JDS and PMG’s 82-story, 60-unit condominium tower at 111 West 57th Street, in Midtown, has received a $725 million construction loan, thanks to AIG and Apollo Global Management. SHoP Architects is designing, and the supertall is now expected to stand 1,438 feet to its pinnacle. The existing Steinway building is being partially demolished, and foundation work is currently underway, with completion slated for 2018, according to Crain’s Business. In April, YIMBY brought you new renderings of the project.

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