Articles by Michael Young

135 East 47th Street, aka Monogram New York, Progresses With Facade Installation, in Midtown East, Manhattan

8:00 am on March 16, 2023 By Michael Young

Façade installation is progressing on 135 East 47th Street, a 35-story residential skyscraper, named Monogram New York, in Midtown East. Designed by Ismael Leyva Architects and developed by Navigation Capital Group, the 500-foot-tall structure will yield 191 condominium units in studio to two-bedroom layouts, as well as 5,000 square feet of ground-floor retail space. Cauldwell Wingate is in charge of constructing the tower, which is located between Lexington and Third Avenues. Anthology Group is the hospitality partner, while Shanghai-based Neri & Hu is the interior designer.

Excavation Progresses at 126 East 57th Street in Midtown East, Manhattan

8:00 am on March 15, 2023 By Michael Young

Excavation is progressing at 126 East 57th Street, the site of a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units spread across 170,000 square feet with interiors by Gabellini Sheppard, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Buildings is the general contractor for the project, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue. The narrow panhandle section of the building’s footprint will extend north to East 57th Street. ODA is also in charge of designing the interiors.

1305-1307 Third Avenue Readies for Excavation on Manhattan’s Upper East Side

7:30 am on March 14, 2023 By Michael Young

Excavation is set to begin at 1305-1307 Third Avenue, the site of a forthcoming residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by EJS Development under the 1303 Third, LLC, which purchased the 8,178-square-foot site for $32.5 million in March 2021, the property has a maximum buildable scope of 75,000 square feet that can be increased to 90,000 square feet with an exclusionary housing bonus. The structure’s architect, floor count, and unit total have yet to be confirmed. Triton Construction Industry is the general contractor for the project, which is located at the corner of Third Avenue and East 75th Street.

1022-1026 Third Avenue Finishes up Demolition on Manhattan’s Upper East Side

7:00 am on March 14, 2023 By Michael Young

Demolition is finishing up at 1022-1026 Third Avenue, the site of a forthcoming residential building in the Lenox Hill section of Manhattan’s Upper East Side. Developed by Kahen Properties, which purchased the three adjacent sites for $34 million in the summer of 2021, the building can rise to a maximum of 12 stories under local zoning restrictions. Third North Holdings LLC is the owner and Alba Services is the general contractor for the project, which is located between East 60th and East 61st Streets.

Demolition Wraps Up for KPF-Designed Office Skyscraper at 343 Madison Avenue in Midtown East, Manhattan

8:00 am on March 13, 2023 By Michael Young

Demolition is nearly complete at 343 Madison Avenue, the site of a 49-story commercial skyscraper in Midtown East, Manhattan. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 844-foot-tall structure will yield 750,400 square feet of office space, ground-floor retail, and multiple cellar levels. Titan Industrial Services is the demolition contractor for the property, which is bound by East 45th Street to the north, East 44th Street to the south, and Madison Avenue to the west.

405 Park Avenue Completes Demolition in Midtown East, Manhattan

7:30 am on March 13, 2023 By Michael Young

Demolition is complete at 405 Park Avenue, the site of a possible new skyscraper in Midtown East, Manhattan. No architect or details have been revealed for the forthcoming structure, which is being developed by MRP Realty, though the breadth of the plot suggests that it will likely support an office tower yielding several hundred thousand square feet. Titan Industrial SVC Corp. is the demolition contractor for the property, which is located at the corner of Park Avenue and East 54th Street.

249 East 62nd Street’s Terracotta Façade Underway on Manhattan’s Upper East Side

8:00 am on March 12, 2023 By Michael Young

Façade work is progressing on 249 East 62nd Street, a 28-story residential building on Manhattan’s Upper East Side. Designed by INC Architecture & Design with SLCE Architects as the executive architect and developed by Zeckendorf Development, the 347-foot-tall structure will yield 66 condominium units with sales led by Brown Harris Stevens Development Marketing. CM & Associates is the general contractor for the property, which rises from an L-shaped plot by the corner of Second Avenue and East 62nd Street.

Coney Island Shore Theater’s Hotel Conversion Begins at 1301 Surf Avenue in Coney Island, Brooklyn

7:30 am on March 12, 2023 By Michael Young

Work has begun on the renovation and hotel conversion of the Coney Island Shore Theater, a seven-story historic building at 1301 Surf Avenue in Coney Island, Brooklyn. Designed by Gerner Kronick + Valcarcel Architects and developed by PYE Properties, the project will transform the derelict 98-year-old structure into a hotel with guest amenities and ground-floor retail space. The property is located at the corner of Surf and Stillwell Avenues and has sat abandoned since the early 1970s.

The Matteo Nears Completion at 323 East 79th Street on Manhattan’s Upper East Side

8:00 am on March 11, 2023 By Michael Young

Exterior work is finishing up on The Matteo, a 17-story residential building at 323 East 79th Street in the Yorkville section of the Upper East Side. Designed by Woods Bagot Architects and developed by Boomerang Development Group, which purchased the property from Spruce Capital Partners for $13.7 million, the 214-foot-tall structure will yield 35,045 square feet with 15 full-floor condominium units in three- to four-bedroom layouts. All homes will feature direct elevator access, and some will span two floors. Sunlight Construction AA is the general contractor and The Masters Division at Nest Seekers is handling sales and marketing for the property, which is located on a narrow interior plot between First and Second Avenues.

1487 First Avenue Readies for Excavation on Manhattan’s Upper East Side

8:00 am on March 10, 2023 By Michael Young

Demolition is complete at 1487 First Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou, the 209-foot-tall structure will yield 94 condominium units with an average scope of around 1,900 square feet, as well as 7,120 square feet of ground-floor retail space and cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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Articles by Michael Young

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