Excavation Begins at 403 East 79th Street on Manhattan’s Upper East Side

Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.

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Housing Lottery Ending Soon for 2442 Ocean Avenue in Sheepshead Bay, Brooklyn

The affordable housing lottery ends on July 8 for 2442 Ocean Avenue, a seven-story mixed-use residential building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Yaacov Azrad, the structure yields 105 residences and a 1,856-square-foot community facility space on the ground floor used as a medical center. Available on NYC Housing Connect are 32 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $49,715 to $187,330.

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130 William Street Wraps Up Construction in Financial District, Manhattan

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

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