Construction is rising on 1299 Third Avenue, a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April 2022, the 420-foot-tall structure will yield 47 condominium units. Press Builders is the general contractor for the property, which is located between East 74th and East 75th Streets.
Construction is continuing to rise on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units averaging 3,200 square feet apiece with at least one becoming a quadruplex. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which located on a 5,000-square foot property on the southwest corner of Fifth Avenue and West 29th Street.
Exterior work is progressing on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.
Façade installation is moving along on 69 Adams Street, a 26-story residential building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by Rabsky Group, the 280-foot-tall structure will span 258,200 square feet and yield 225 units in studio to two-bedroom layouts, as well as 60 feet of retail frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, York Street to the south, the elevated Manhattan Bridge roadway to the east, and Adams Street to the west.
Foundations are taking shape at 218 Front Street, the site of a two-building residential complex in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect and developed and built by Chess Builders, the structures will yield seven stories and 218 rental apartments with 66 affordable housing units, as well as 350 square feet of commercial space and 180 square feet of community space. The site is bound by Front Street to the north and York Street to the south, and was formerly occupied by a one-story industrial warehouse and an open-air lumber yard.
