Two-and a-half years ago, YIMBY revealed renderings for a 28-story hotel at 50 Trinity Place in the Financial District. Now we have fresh images of the development, which is going to be an Aloft Hotel.
Real estate watchers are keeping an eye on development in the Bronx, as talks over the future of the 421-a tax break, which greased the skids for new construction in the borough, drag on into the ninth month. Despite the impasse, developers are still planning small buildings in the Bronx.
City officials unveiled a massive rezoning last night for East Harlem, where the administration hopes to encourage towers as tall as 30 stories, less parking for new buildings, and more ground floor retail.
A small ivy-covered wood frame house bit the dust last year on Quincy Street between Malcolm X Boulevard and Patchen Avenue in Bedford-Stuyvesant. Now a small apartment building is set to rise in its place, and YIMBY has a rendering of the project.
As property values in Long Island City skyrocket, developers are starting to look a little further afield for places to build office space. A pair of developers are taking a chance on an industrially zoned strip in Sunnyside, just across the rail yards from Long Island City. They just filed plans for an eight-story office and medical building there at 38-01 Queens Boulevard, on the corner of 38th Street.
