Articles by Michael Young

Construction Breaks Ground at 126 East 57th Street in Midtown East, Manhattan

8:00 am on July 11, 2022 By Michael Young

Excavation has begun at 126 East 57th Street, site of a 28-story residential tower on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development, the 346-foot-tall structure will yield 208,000 square feet with 147 condominium units spread across 170,000 square feet, as well as lower-level commercial space. WSP USA is the engineer, Urban Atelier Group is the construction manager, and Plaza Buildings is the general contractor of the property, which is located at the corner of East 57th Street and Lexington Avenue.

Estela Continues Construction at 414 and 445 Gerard Avenue in Mott Haven, The Bronx

7:30 am on July 11, 2022 By Michael Young

Façade work is progressing on Estela, a two-building residential complex at 414 and 445 Gerard Avenue in the South Bronx neighborhood of Mott Haven. Designed by S9 Architects and developed by The Domain Companies and The Vorea Group with financing from the Goldman Sachs Urban Investment Group, the $310 million project will yield 544 apartments, with 30 percent designated for affordable housing for households earning 80 to 130 percent of the area median income, as well as 10,000 square feet of retail space. Monadnock Construction is the general contractor for the property, which is bound by Exterior Street to the west, Walton Avenue to the east, East 146th Street to the north, East 144th Street to the south, and Gerard Avenue running north and south down the middle.

Bronx Point’s First Phase Tops Out at 575 Exterior Street in The South Bronx

8:00 am on July 10, 2022 By Michael Young

Construction has topped out on the first phase of Bronx Point, a 22-story mixed-use building at 575 Exterior Street in the South Bronx. Designed by S9 Architecture and developed by L+M Development Partners, Type A Projects, and BronxWorks, the structure will yield 542 permanently affordable housing units in studio to three-bedroom layouts, all reserved for households and individuals earning between 30 to 120 percent of area median income, as well as for the formerly homeless. The edifice will also feature 56,000 square feet of community facility space, 12,000 square feet of retail space, and serve as the home of the Universal Hip Hop Museum. The building is the first to debut in the $349 million, 530,000-square-foot mixed-use master plan, which will bring 1,045 apartments and a 2.8-acre public green space next to Mill Pond Park designed by Marvel Architects and Abel Bainnson Butz. The property is located on a plot bound by the 145th Street bridge to the south, Exterior Street and the elevated Major Deegan Expressway to the east, and the Harlem River to the west.

East Midtown Greenway Progresses Along The Sutton Bay Waterfront In Midtown, Manhattan

7:30 am on July 10, 2022 By Michael Young

Construction is ongoing on the first phase of the $100 million East Midtown Greenway, a three-segment reimagining of the East Midtown Waterfront esplanade in Sutton Place between East 38th to East 61st Streets. Photographs below focus on the northernmost part of the scheme, which will span between East 53rd and East 61st Streets in Midtown, Manhattan. This part will include a new park entrance at East 60th Street, a pedestrian bridge, and the revamping of Andrew Haswell Green Park and the Alice Aycock Pavilion. The overall master plan aims to create new green space for pedestrian and bicyclists and provide safer access to the eastern edge of the island, which had been largely impeded by the FDR Drive.

Tree Planting Begins at Gansevoort Peninsula Park on the West Village Waterfront, Manhattan

8:00 am on July 9, 2022 By Michael Young

Tree planting has begun as landscaping work progresses on Gansevoort Peninsula Park, a 5.5-acre public recreational space along the Hudson River waterfront off the West Village. Designed by James Corner Field Operations and commissioned by the Hudson River Park Trust, the park will feature a soccer field surrounded by numerous pathways, stepped seating, a children’s playground, kayak slips, a salt marsh, a dog run, viewing platforms, and Manhattan’s first public sandy beach.

Magnolia DUMBO Celebrates Grand Opening at 160 Front Street In DUMBO, Brooklyn

8:00 am on July 8, 2022 By Michael Young

Developers recently celebrated the grand opening of Magnolia DUMBO, a 21-story residential building at 160 Front Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by RXR Realty, the structure yields 320 rental apartments with marketing led by Douglas Elliman Development Marketing Group. New Line Structures served as the general contractor for the property, which is situated on a full block bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.

Excavation Begins at 403 East 79th Street on Manhattan’s Upper East Side

8:00 am on July 7, 2022 By Michael Young

Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.

130 William Street Wraps Up Construction in Financial District, Manhattan

8:00 am on July 6, 2022 By Michael Young

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on July 5, 2022 By Michael Young

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

144 Barrow Street Tops Out in West Village, Manhattan

7:30 am on July 5, 2022 By Michael Young

Construction has topped out on 144 Barrow Street, a seven-story residential building in Manhattan‘s West Village. Designed by BKSK Architects and developed by 144 Barrow Street LLC, the 24,800-square-foot structure will yield 16 residential units and 1,800 square feet of ground-floor commercial space. Titanium Construction Services is the general contractor for the property, which is located on a relatively narrow 5,000-square-foot site bound by Christopher Street to the north and Barrow Street to the south.

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Articles by Michael Young

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