Articles by Max Gillespie

Rendering of Teutonia Hall, by S9 Architecture

Financial Incentives Approved For 906-Unit Teutonia Hall at 4 Buena Vista Avenue In Yonkers

7:30 am on March 6, 2024 By Max Gillespie

The Yonkers Industrial Development Agency recently finalized its approval for financial incentives to support the construction of Teutonia Hall, a residential development consisting of two 41-story towers at 4 Buena Vista Avenue in Yonkers. Designed by S9 Architecture and developed by AMS Acquisitions, the $458 million project will yield 906 residential units, with 91 reserved for affordable housing, as well as 2,900 square feet of ground-floor retail space and a 907-vehicle parking garage within the six-story podium at the base of the towers.

The Yellowstone, courtesy of Aufgang Architects

Developers Secure Refinancing for The Yellowstone at 69-65 Yellowstone Boulevard in Forest Hills, Queens

7:00 am on March 5, 2024 By Max Gillespie

Slate Property Group, in collaboration with Grobman Gross Properties, has finalized a $97 million refinancing deal for The Yellowstone, a recently completed 11-story residential building at 69-65 Yellowstone Boulevard in Forest Hills, Queens. The refinancing, which will be provided by Apollo Global Real Estate Management L.P., will be used to settle the building’s existing debts and support its financial structure.

New York Life Insurance Company Building, via LPC proposal

LPC To Review Proposal For New York Life Insurance Company Building In Tribeca, Manhattan

7:00 am on March 4, 2024 By Max Gillespie

The New York Landmark Preservation Commission is set to review a proposal for renovations to the New York Life Insurance Company Building at 108 Leonard Street in Tribeca, Manhattan. Designed by VIQ Architecture, the plans involve modifications to the Jack Shainman Gallery, which occupies the first three floors of the 13-story primarily residential building. The property was formally known as 346 Broadway and is alternately addressed as 46 Lafayette Street, where the entrance to the gallery is located.

Aerial view of City Square, courtesy of Ginsburg Development

50 Main Street At City Square Welcomes Nine New Tenants In White Plains

7:00 am on March 3, 2024 By Max Gillespie

Ginsburg Development Corporation and RM Friedland have announced nine new leases at 50 Main Street, a 15-story Class A office building at City Square in White Plains. 50 Main Street is one of two buildings within the broader City Square complex, which features amenities including a two-acre private park and fitness center.

Render of Stevenson Square, courtesy of stevensonsquare.info

Stevenson Square Breaks Ground at 755 White Plains Road in Soundview, The Bronx

7:30 am on March 2, 2024 By Max Gillespie

Community leaders and elected officials celebrated the groundbreaking for Phase One of Stevenson Square, a new affordable housing development at 755 White Plains Road in Soundview, The Bronx. Spearheaded by Camber Property Group, this first phase will involve two projects: a multifamily rental building for seniors and a homeownership complex with affordable co-ops, both of which were designed by WXY Architecture. The broader Stevenson Square development, which plans to create nearly 1,000 affordable units in total, represents is a $1 billion investment in the Soundview neighborhood.

Post Amendment Approval Issued for 806 East 170th Street in Crotona Park East, The Bronx

7:30 am on March 1, 2024 By Max Gillespie

Permits have been updated for 806 East 170th Street, a seven-story residential building in Crotona Park East, The Bronx. Initial permits from Hershy Silberstein of Blue Shine Builders Inc. in 2022 called for a 44-unit structure under the 421A tax abatement program, which incentivized multi-family housing to be built on vacant or underutilized lots. Under the post-approval amendment (PAA), the scope has been expanded to 110 dwelling units. Because it went through a PAA process and a new permit was not issued, it will retain its 421A tax status, even though the program ended in June 2022.

Render of 26-01 4th Street, courtesy of Lu Ning Architecture

Developer Secures Bridge Loan to Complete 26-01 4th Street In Astoria, Queens

7:30 am on February 29, 2024 By Max Gillespie

Developers have secured a $60.25 million bridge loan to complete construction on 26-01 4th Street, a 13-story residential building in the Hallets Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 parking spaces. New Land Capital arranged the loan from Slate Property Group and LibreMax Capital for the property, which is located at the corner of 4th Street and 26th Avenue.

Permits Filed For 100 Boerum Place In Cobble Hill, Brooklyn

7:30 am on February 28, 2024 By Max Gillespie

Construction permits have been filed for 100 Boerum Place, a 60,000-square-foot residential building in Cobble Hill, Brooklyn. Designed by Brooklyn-based Brent Buck Architects and developed by Avdoo & Partners Development, the project is slated to begin construction in July on a 17,000-square-foot plot at the corner of Boerum Place and Pacific Street.

Permits Filed For 790 Liberty Avenue In East New York, Brooklyn

7:00 am on February 27, 2024 By Max Gillespie

Construction permits have been filed for an eight-story residential building at 790 Liberty Avenue in East New York, Brooklyn. Designed by Jay Architect & Engineering, the 80-foot-tall structure will span 35,513 square feet and yield 53 units, as well as 14 enclosed and seven open parking spaces. The permit is a post-approval amendment to a filing made early 2022 that was approved under the New York City 421A permitting program, which expired in June 2022. This amendment allows the site to maintain its 421A tax exemption. David Goldberger is listed as the owner of the property, which is located at the corner of Liberty Avenue and Berriman Street.

Existing conditions at 459 West Broadway, via nyc.gov

LPC To Review Proposal For Wall Signage At 459 West Broadway In Soho, Manhattan

7:00 am on February 26, 2024 By Max Gillespie

The New York Landmark Preservation Commission will review a proposal for new signage at 459 West Broadway, a six-story residential building in Soho‘s Cast Iron Historic District in Manhattan on Tuesday, February 27. The proposal, which was arranged by JPD Preservation Consulting and Overall Murals, is to replace the existing signage painted on the building’s façade and issue ten-year permits for a new painted sign approximately the same size and in the same location.

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Articles by Max Gillespie

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