Construction Update

Renderings Revealed Astoria Cove’s 4-34 26th Avenue, 25-02 9th Street in Astoria, Queens

8:00 am on May 5, 2024 By Michael Young and Matt Pruznick

New renderings have been released for two new residential buildings in the Astoria Cove master plan at 25-02 9th Street and 4-34 26th Avenue in the Halletts Point section of Astoria, Queens. Designed by Fogarty Finger and developed by David Kronman of Cape Advisors, the structures will stand 26 and seven stories, respectively, and are part of a complex that is planned to yield a total of 469 apartments and 14,500 square feet of commercial space across four buildings. The property is located to the west of 9th Street along the East River waterfront.

Demolition Begins at 95 Rockwell Place in Fort Greene, Brooklyn

7:30 am on May 5, 2024 By Michael Young and Matt Pruznick

Demolition is getting underway at 95 Rockwell Place, the site of a 38-story mixed-use tower in Fort Greene, Brooklyn. Designed by Fogarty Finger and developed by Charney Companies, the 418-foot-tall structure will span 167,679 square feet and yield 158 rental units with an average scope of 855 square feet, as well as 32,568 square feet of commercial space and a cellar level. The property is located on an interior lot between Lafayette Avenue and Fulton Street.

New Renderings Revealed for 75 Essex Street on Manhattan’s Lower East Side

8:00 am on May 4, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 75 Essex Street, an upcoming 17-story mixed-use building on Manhattan’s Lower East Side. Designed by Studio C Architects and developed by Soft Stone Development Group, the project involves the restoration of an existing four-story structure and the construction of a 13-story addition above, and is planned to stand 162 feet tall and yield 27,355 square feet. The programming will include nine condominium units with an average scope of 1,592 square feet, 13,023 square feet of commercial space, and a cellar level. The property is located at the corner of Broome and Essex Streets.

1522 First Avenue Stands Topped Out On Manhattan’s Upper East Side

8:00 am on May 3, 2024 By Michael Young and Matt Pruznick

Construction is closing in on the parapet of 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and located between East 79th and 80th Streets.

New Renderings Released For Williamsburg Wharf At 464-484 Kent Avenue in Williamsburg, Brooklyn

8:00 am on May 2, 2024 By Michael Young

New renderings have been revealed for Williamsburg Wharf, a 3.75-acre mixed-use development at 464-484 Kent Avenue on the South Williamsburg waterfront in Brooklyn. Developed by Naftali Group and Access Industries, the multi-phase master plan will yield approximately 1 million square feet of residential, commercial, and retail space, along with a public esplanade stretching nearly 525 feet along the East River. Williamsburg Wharf will feature five 22-story residential towers housing nearly 850 condominium and rental units designed by Brandon Haw Architecture, COOKFOX Architects, Rockwell Group, Ward + Gray, Studio Munge, and Hill West Architects. SERHANT New Development is handling sales and marketing for the first residential tower, with sales slated to launch later this year. The site is bound by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

Weill Cornell Medical College Expansion Progresses at 1393 York Avenue on Manhattan’s Upper East Side

8:00 am on May 1, 2024 By Michael Young and Matt Pruznick

Exterior work is taking shape on 1393 York Avenue, a 17-story student housing complex in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Perkins + Will and developed by Weill Cornell Medical College, which purchased the property from Church of the Epiphany for $68 million in 2018, the 202-foot-tall structure will span 128,205 square feet and accommodate 272 students in 221 residences with an average scope of 657 square feet. The program includes 163 studios, seven one-bedrooms, and 51 two-bedroom units, as well as an additional 20,390 square feet of residential space, presumably for faculty housing. The project is located at the corner of East 74th Street and York Avenue.

Rendering of the next affordable housing property to debut at Edgemere Commons - Courtesy of Aufgang Architects

Edgemere Commons Building B1 Tops Out at 5119 Beach Channel Drive in Far Rockaway, Queens

8:00 am on April 30, 2024 By Michael Young

Construction has topped out on Edgemere Commons’ second all-affordable housing structure at 5119 Beach Channel Drive in Far Rockaway, Queens. Designed by Aufgang Architects and developed by Tishman Speyer’s TS Communities, the company’s affordable housing development platform, and The Arker Companies and Slate Property Group, the 247,000-square-foot structure will yield 237 rental apartments in studio to three-bedroom layouts, with 36 reserved for the formerly homeless, as well as 8,000 square feet of retail space and 7,500 square feet of community facility space. The building, also know as Edgemere Commons Building B1, is situated between Beach 50th and Beach 53rd Streets.

142 West 21st Street Readies For Construction in Chelsea, Manhattan

7:30 am on April 30, 2024 By Michael Young

Work is about to get underway on 142 West 21st Street, a two-story parking garage that is being expanded into a 13-story residential building in Chelsea, Manhattan. Designed by BKSK Architects and developed by Yiannes Einhorn of Grid Group, who purchased the property from Jadlamm Realty Corp. for $31 million in 2021, the 135-foot-tall structure will span 61,256 square feet and yield 22 condominium units with an average scope of 2,756 square feet, as well as 610 square feet of commercial space, a cellar level, parking spots for 16 vehicles, and a 30-foot-long rear yard. The property is located on an interior lot between Sixth and Seventh Avenues.

Xadia Hotel Continues Ascent at 58 West 39th Street in Midtown, Manhattan

8:00 am on April 29, 2024 By Michael Young

Construction continues to rise on Xadia Hotel, a 42-story hotel tower at 58 West 39th Street in Midtown, Manhattan. Designed by Marin Architects and developed by Wei Hong Hu under the H Hotel LLC, the 475-foot-tall structure will yield 173 guest rooms and amenities including a restaurant, an arcade, and a rooftop bar. The property is located on a narrow interior plot between Fifth and Sixth Avenues, one block south of Bryant Park.

660 Lexington Avenue Rises Above Street Level in Midtown East, Manhattan

7:30 am on April 29, 2024 By Michael Young and Matt Pruznick

Construction is now above street level on 660 Lexington Avenue, a 19-story residential building in Midtown East, Manhattan. Designed by Zproekt Architecture and developed and built by Sergey Rybak of Rybak Development under the 660 Lexington Avenue Development LLC, the 233-foot-tall structure will span 52,558 square feet and yield 23 condominium units with an average scope of 2,123 square feet, as well as 2,551 square feet of commercial space, 1,174 square feet of community facility space, and a cellar level. The property is alternately addressed as 133 East 55th Street and located at the corner of Lexington Avenue and East 55th Street.

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Construction Update

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