New residential developments

Construction update


The Shelton
775 Lafayette Avenue

Construction on the 14-story affordable housing cooperative by TNS Development Group has topped off. The 83-unit building, which will have a part-time doorman, landscaped courtyard and fitness room, is slated for completion in March of next year and occupancy that May. One-, two- and three-bedroom residences, which range in size from 667 to 1,180 square feet, will be sold by lottery beginning this year to income-restricted buyers, with prices starting at $126,500 for one-bedrooms. Halstead Property Development Marketing is the agent. Contact:

Leasing update


34 Berry Street

LCOR’s new 142-unit rental in North Williamsburg is 50 percent leased after its debut in March, and at least a dozen more leases are under contract. The property, which is adjacent to McCarren Park, is offering studios starting at $1,775 per month, one-bedrooms starting at $2,560 per month and two-bedrooms starting at $3,840 per month. Amenities include an attended lobby, as well as a 71-space parking garage, rooftop terrace and lounge. Rose Associates is the agent. Contact:

Sales update


Colon Plaza

55 East 115th Street

Developer Horsford & Poteat Realty has opened its $18 million, 55-unit affordable housing complex, whose units are reserved for families making less than 60 percent of the area’s median income, victims of domestic violence and the formerly homeless. The city’s Department of Housing Preservation and Development will select residents through a lottery system this month. Contact:

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Long Island City

L Haus

11-02 49th Avenue

The Stahl Organization’s 122-unit building has garnered Federal Housing Administration financing approval, allowing buyers to receive up to 96.5 percent financing on home loans. Prices on units, which range in size from 675 square feet to 1,800 square feet and come in one-, two- and three-bedroom layouts, start at $465,000 and peak at $1.31 million. Amenities include a landscaped yard, roof terrace with Manhattan skyline views and a fitness center. Prudential Douglas Elliman is the agent. Contact:

Lower Manhattan

99 John Deco Lofts

99 John Street

The Rockrose condominium conversion, which now belongs to TF Cornerstone, saw 20 new sales between February and May. Prices at the Shreve, Lamb & Harmon-designed art deco building begin at $495,000 for a 550-square-foot studio, $690,000 for an 837-square-foot one-bedroom and $975,000 for a 1,120-square-foot two-bedroom. All units have open layouts and vaulted ceilings with heights between 11 and 14 feet. Amenities include a 24-hour concierge, parking garage and rooftop dining area. Nestseekers is the agent. Contact:

Park Slope

500 Fourth Avenue

Closings have begun at Matri Holdings’ new 156-unit condo, which has received its temporary certificate of occupancy. The building was also approved for FHA financing and has a 15-year, 421-a tax abatement from the city. One-, two- and three-bedroom apartments are available, with sizes ranging from 539 square feet to 1,456 square feet and prices from $342,000 to $1.225 million. In addition, a 3,000-square-foot duplex townhouse is available for $1.426 million. The Kafati-Batarse Group at Prudential Douglas Elliman is the agent. Contact:


The Residences at the Williamsburg

135 North 11th Street

Sales have launched at the condo portion of KM Construction and Development Group’s condo and hotel on North 11th and 12th Streets, overlooking McCarren Park. Buyers of the building’s 57 residences — one- to three-bedroom homes ranging in price from $446,500 to $1.57 million — will also have access to the services and amenities of its 64-room boutique hotel, including valet parking, 24-hour concierge and room service, laundry, dry cleaning, housekeeping and dog walking. The building’s rooftop has views of the Manhattan skyline and private cabanas available to residents. is the agent. Contact: