New, glassy residential towers have dramatically reshaped Long Island City and, now, the construction boom is moving north into Astoria. A local developer hopes to demolish a discount furniture store at 28-16 21st Street in Astoria and build a seven-story apartment building.
The South Bronx is suddenly booming with new construction. Most of the action is happening along the waterfront in Mott Haven and Port Morris, but investors looking for cheaper properties have started paying attention to neighborhoods below the typical real estate radar, like Highbridge.
HAP Investments made its mark on Manhattan building splashy rental buildings in Harlem and Washington Heights. Now, the firm is pushing forward with its first major downtown project, a two-building, 290,000-square-foot residential development on West 28th Street between Seventh and Eighth avenues. They’ve filed plans for the second 21-story building in the complex, at 225 West 28th Street.
The Lightstone Group is pushing forward with plans to knock down five tenement buildings in the East Village and replace them with a hotel that caters to millennials. The controversial developer filed applications last Friday for a 13-story hotel at 112 East 11th Street, between Third and Fourth avenues.
A huge development with three 19-story buildings—two residential ones and a hotel—is coming to a Flushing industrial property that hotelier Sam Chang sold last year. The new developer, Flushing Point Holdings, filed plans for the two apartment towers today at 131-02 40th Road, also known as 40-70 Delong Street.
