Articles by Michael Young and Matt Pruznick

1487 First Avenue’s Façade Nears Completion on Manhattan’s Upper East Side

Kicking off YIMBY’s annual year-end countdown of the 31 tallest buildings under construction in New York is 1487 First Avenue, a 35-story residential tower on the border of the Lenox Hill and Yorkville sections of Manhattan’s Upper East Side. Designed by Hill West Architects and developed and built by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner of the property, which is located at the southwestern corner of First Avenue and East 78th Street.

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Excavation Underway at 171-179 East 86th Street on Manhattan’s Upper East Side

Excavation is underway at 171-179 East 86th Street, the site of a 17-story residential building on Manhattan’s Upper East Side. Designed by Archimaera and developed by ZD Jasper, which purchased the property from Extell last year for $29 million, the 210-foot-tall structure will yield 25 condominium units with an average scope of 2,280 square feet, as well as 2,300 square feet of ground-floor retail space and two cellar levels. The development is located at the corner of East 86th Street and Third Avenue.

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24-11 Jackson Avenue Remains On Hold in Long Island City, Queens

Wrapping up our Turkey Week rundown of prominent stalled and on-hold projects is 24-11 Jackson Avenue, a planned 55-story residential skyscraper in the Court Square section of Long Island City, Queens. Designed by FXCollaborative and developed by Tavros Capital and Charney Companies in partnership with Incoco Capital, the 676-foot-tall structure is slated to yield 600 apartments and 10,000 square feet of retail space. The property is bound by 45th Avenue to the north, Jackson Avenue to the southeast, and 23rd Street to the west.

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30-25 Queens Boulevard Remains Stalled in Long Island City, Queens

Continuing our annual Turkey Week coverage of stalled projects in New York is 30-25 Queens Boulevard, a 46-story residential skyscraper in Long Island City, Queens. Designed by CetraRuddy Architecture and developed by LargaVista Companies under the 30-25 Queens Boulevard Tenant LLC, the 517-foot-tall structure is planned to span 1,293,315 square feet and yield 561 condominium units with an average scope of 1,464 square feet, as well as 471,673 square feet of commercial space. The property is located at the corner of Queens Boulevard East and Queens Boulevard, directly west of the Sunnyside Yards rail tracks.

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Seaport Residences Continues to Languish at 161 Maiden Lane in Financial District, Manhattan

Continuing our Turkey Week list of stalled projects is Seaport Residences, a 60-story residential skyscraper at 161 Maiden Lane along the border of Lower Manhattan’s Financial District and the South Street Seaport District. Designed by Hill West Architects and developed by Fortis Property Group, the 670-foot-tall tower, originally dubbed One Seaport, was planned to span 200,000 square feet and yield 80 condominium units. The property stands on a narrow rectangular lot bound by South Street and Maiden Lane, directly across from FDR Drive and the East River.

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