New York YIMBY

Elara. Rendering courtesy of VUW Studio.

8:00 am on August 13, 2026 By Michael Young and Matt Pruznick

Rendering Revealed for ‘Elara’ 429-Unit Development at 35-45 41st Street in Astoria, Queens

A new rendering has been revealed for Elara, a forthcoming two-building residential complex in Astoria, Queens. Designed by S9 Architecture and developed and managed by The Domain Companies, the 18- and 12-story structures will yield a total of 429 units, with 107 designated as permanently affordable. The project will also include 4,000 square feet of ground-floor retail. The property is addressed as 35-45, 35-33, and 35-42 41st Street and is located near the corner of 41st Street and 36th Avenue.

Housing Lottery Launches for 221 Wythe Avenue in Williamsburg, Brooklyn

7:30 am on August 13, 2026 By Vanessa Londono

The affordable housing lottery has launched for 229 Wythe Avenue, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by Naresh K. Mahangu and developed by Abraham Lipschitz, the structure yields 28 residences. Available on NYC Housing Connect are six units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $62,606 to $109,920.

Construction Begins On Tremont Avenue Busway In Tremont, The Bronx

7:00 am on August 13, 2026 By Max Gillespie

Construction is underway on the Tremont Avenue busway, a mile-long bus-priority corridor in Tremont, The Bronx. Announced Wednesday by Mayor Zohran Mamdani and New York City Department of Transportation Commissioner Mike Flynn, the project will deliver the borough’s first busway, serving 39,000 daily riders on the Bx36. The redesign will also bring safety upgrades to eight intersections and 0.26 miles of additional bus lane. The corridor runs along Tremont Avenue from Webster Avenue east to Southern Boulevard, with connections to eight subway lines, Metro-North Railroad, and several local bus routes.

Permits Filed for 73 Martense Street in Flatbush, Brooklyn

6:30 am on August 13, 2026 By Vanessa Londono

Permits have been filed for a six-story mixed-use building at 73 Martense Street in Flatbush, Brooklyn. Located between Bedford and Flatbush Avenues, the lot is located between two Church Avenue subway stations, served by the 2, 5, B, and Q trains. Elliot Ambalo of 73 Martense 123 LLC is listed as the owner behind the applications.

The Torch Reaches Halfway Point at 740 Eighth Avenue in Times Square, Manhattan

8:00 am on August 12, 2026 By Michael Young and Matt Pruznick

Construction has reached the halfway point on The Torch, a 52-story supertall skyscraper at 740 Eighth Avenue in Midtown, Manhattan. Designed by ODA and developed by Extell, with Suffolk Construction serving as the General Contractor, the 1,029-foot-tall structure will span 885,902 square feet and yield an 825-room hotel topped by a public outdoor observation deck with a drop ride. The mixed-use project is also slated to include lower-level retail space, a restaurant on two of the upper floors, a VIP lounge, and a pool deck for hotel guests.

Rendering of One Kingsland, courtesy of Sun Homes.

Construction Advances on Phase 3 at One Kingsland in Sleepy Hollow, Westchester County

7:30 am on August 12, 2026 By Max Gillespie

Construction is nearing completion on the third and final phase of One Kingsland, a four-story townhome neighborhood at 405 Legend Drive in Sleepy Hollow, Westchester County. Designed and developed by Sun Homes, the development yields 90 for-sale residences ranging from 2,955 to 4,140 square feet across five model types. The project also includes a 2,400-square-foot resident clubhouse, a 75-foot outdoor lap pool, a fitness center, and a club room with indoor-outdoor entertaining space.

Permits Filed for 25-05 35th Street in Long Island City, Queens

7:00 am on August 12, 2026 By Vanessa Londono

Permits have been filed for an eight-story mixed-use building at 25-05 35th Street in Long Island City, Queens. Located between Gale Avenue and Bradley Avenue, the lot is closest to the 33rd Street–Rawson Street subway station, served by the 7 train. Anthony Roussos of Renaissance 1 Corp. is listed as the owner behind the applications.

Housing Lottery Launches for 7910 4th Avenue in Bay Ridge, Brooklyn

6:30 am on August 12, 2026 By Vanessa Londono

The affordable housing lottery has launched for 7910 4th Avenue, a six-story residential building in Bay Ridge, Brooklyn. Developed by MingJi Ave4 Realty, LLC, the structure yields 15 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $99,738 to $238,160.

383 Madison Avenue. Rendering courtesy of JPMorgan.

383 Madison Avenue’s Façade Replacement Continues in Midtown East, Manhattan

8:00 am on August 11, 2026 By Michael Young and Matt Pruznick

Renovations are progressing on 383 Madison Avenue, a 47-story office skyscraper in Midtown East, Manhattan. Designed by Skidmore, Owings & Merrill along with Foster + Partners and Gensler, the project involves the replacement of the 755-foot-tall structure’s façade and reconfiguration of its 1.2 million square feet of office space to serve JPMorgan Chase’s investment banking division. The property is located between Madison and Vanderbilt Avenues and East 46th and East 47th Streets, directly south of the JPMorgan Tower at 270 Park Avenue.

1,568-Unit Residential Conversion Underway At 111 Wall Street In Financial District, Manhattan

7:30 am on August 11, 2026 By Max Gillespie

Construction is underway on the office-to-residential conversion of 111 Wall Street, a 30-story tower in Manhattan’s Financial District. Designed by Gensler and developed by InterVest Capital Partners and MetroLoft Development, the project will span more than 899,000 square feet and yield approximately 1,568 rental units. Twenty-five percent of the residential inventory will be reserved for affordable housing for residents earning an average of 80 percent of the area median income, qualifying the development for New York City’s Affordable Housing Conversion Program. The development will also include 7,000 square feet of ground-floor retail space and more than 100,000 square feet of amenities. The property is located between South and Front Streets.

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