Articles by Michael Young

Construction Progresses on THE 74 At 201 East 74th Street on Manhattan’s Upper East Side

8:00 am on June 4, 2024 By Michael Young

Construction is continuing on THE 74, a 32-story residential tower at 201 East 74th Street on Manhattan’s Upper East Side. Designed by Pelli Clarke & Partners with SLCE Architects as the architect of record and developed by Elad Group, which purchased the property for $61 million in April 2022, the 420-foot-tall structure will yield 42 condominium units and a collection of residential amenities. Rafael de Cardenas is the interior designer for the amenity spaces and the residences, which are being marketed by Douglas Elliman Development Marketing and will include half-floor two- and three-bedroom units, full-floor four- and five-bedroom homes, a single free-standing townhome, and a duplex penthouse. The property is alternately addressed as 1299 Third Avenue and located on an interior lot facing Third Avenue with two small panhandle extensions to East 74th and East 75th Streets.

Foundations Underway For 219 Canal Street in Chinatown, Manhattan

7:30 am on June 4, 2024 By Michael Young

Foundation work is progressing at 219 Canal Street, the site of a four-story commercial building in Chinatown, Manhattan. Designed by Chang Hwa Tan of Tan Architect P.C. and developed by 219 Canal Street, LLC, the nearly 43-foot-tall low-rise structure will include a cellar level, almost 3,300 square fete of commercial space, and is located at the corner of Canal and Baxter Streets on a shallow plot.

One Madison Avenue Wraps Up Construction in Flatiron District, Manhattan

8:00 am on June 3, 2024 By Michael Young

Work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a new 19-story glass-clad addition above the original roof parapet, and will yield 1.4 million square feet of office space and ground-floor retail space. The property occupies a full city block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

Exterior Work Finishes on 5-22 49th Avenue in Long Island City, Queens

7:30 am on June 3, 2024 By Michael Young

Construction is finishing up on 5-22 49th Avenue, a five-story residential building in the Hunters Point section of Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the 50-foot-tall structure spans 9,984 square feet and will yield 15 rental units with an average scope of 665 square feet, as well as a 30-foot-long rear yard and six enclosed parking spaces. The property is located on a rectangular interior lot between Vernon Boulevard to the east and 5th Street to the west.

Excavation Continues for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

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

Excavation is progressing at 100 West 37th Street, the site of a 68-story mixed-use skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will span 384,118 square feet and yield 300 condominium units with an average scope of 991 square feet, as well as 86,817 square feet of commercial space and two cellar levels. The property is alternately addressed as 989-993 Sixth Avenue and located at the intersection of Sixth Avenue and West 37th Street.

Façade Installation Takes Shape on 59 Henry Street in Two Bridges, Manhattan

7:30 am on June 2, 2024 By Michael Young

Façade installation is taking shape on 59 Henry Street, a 19-story mixed-use building in Two Bridges, Manhattan. Designed by S9 Architecture and developed by W & L Group, the 227-foot-tall structure will span nearly 98,000 square feet and yield 80 rental units with an average scope of 714 square feet, as well as 40,305 square feet of community facility space on the first five stories, 26 enclosed parking spaces, a penthouse, and a cellar level. The property is located on a 17,500-square-foot interior lot between Catherine and Market Streets.

Excavation Progresses at 24-01 Queens Plaza North in Long Island City, Queens

7:30 am on May 29, 2024 By Michael Young

Excavation is moving along on 24-01 Queens Plaza North, the site of a 19-story residential building in Long Island City, Queens. Designed by ODA New York and developed by New Empire Corporation, the 115,000-square-foot structure will yield more than 100 condominium units in studio to two-bedroom layouts, as well as a suite of amenities and commercial space. The property is alternately addressed as 41-45 24th Street and located on an 8,967-square-foot lot at the corner of 24th Street and Queens Plaza North.

Demolition Underway at 85 4th Avenue in Park Slope, Brooklyn

7:30 am on May 27, 2024 By Michael Young

Demolition is getting underway at 85 4th Avenue, the site of a 12-story mixed-use building in Park Slope, Brooklyn. James Shannon of Strekte Corp. is listed as the architect of record and Harry Einhorn under the 85 4th Avenue LLC is listed as the owner in permit applications filed in October 2019 for the 125-foot-tall structure, which will span 176,757 square feet and yield 193 residential units with an average scope of 647 square feet, as well as 5,415 square feet of commercial space, 1,996 square feet of community facility space, a cellar level, and 79 enclosed parking spaces. The property stretches from St. Mark’s Place to the north and Warren Street to the south.

10-04 Borden Avenue Wraps Up Construction in Long Island City, Queens

7:30 am on May 26, 2024 By Michael Young

Construction is finishing up on 10-04 Borden Avenue, a three-story commercial building in Long Island City, Queens. Developed and built by The Vorea Group under the Borden Ave Opportunity Zone Business LLC, the 56,000-square-foot structure will feature New York City’s first iFLY indoor skydiving facility and a separate commercial space. The plot spans nearly half an acre by the three-way intersection of Borden Avenue, Vernon Boulevard, and Jackson Avenue.

Exterior Work Continues On Hotel Meta At 450 11th Avenue in Hudson Yards, Manhattan

8:00 am on May 25, 2024 By Michael Young

Exterior work is continuing on 450 Eleventh Avenue, a 51-story hotel structure in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 642-foot-tall skyscraper will yield 379 guest rooms and amenities including a business center, a ballroom, banquet and conference spaces, a spa, a fitness center, and a multi-level restaurant with a bar and outdoor terrace. The property is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center.

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Articles by Michael Young

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