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Williamsburg Wharf’s First Phase Nears Completion in South Williamsburg, Brooklyn

8:00 am on February 10, 2025 By Michael Young and Matt Pruznick

Construction is progressing on the first phase of Williamsburg Wharf, a 3.75-acre mixed-use development on the South Williamsburg waterfront in Brooklyn. Developed by Naftali Group and Access Industries and designed by Brandon Haw Architecture, COOKFOX Architects, Rockwell Group, and Hill West Architects, the two-phase masterplan will create five 22-story residential towers and nearly 1 million square feet of residential, commercial, and retail space. The project will yield a total of 850 condominium and rental units and will include a public esplanade stretching 525 feet along the East River. The property is bound by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

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Developer Closes on Site of Forthcoming Residential Project at 242 East 71st Street on Manhattan’s Upper East Side

7:30 am on February 10, 2025 By Michael Young and Matt Pruznick

Avdoo & Partners Development announced the closing of 242 East 71st Street, the site of a forthcoming residential project in the Lenox Hill section of Manhattan’s Upper East Side. The developer secured the assemblage, which consists of four low-rise buildings from 1341-1347 Second Avenue as well as the titular property at 242 East 71st Street, for $52 million with a loan provided by Valley Bank. The nearly 10,000-square-foot lot is located at the corner of Second Avenue and East 71st Street.

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Verdi Square Site, via LPC proposal

LPC To Review Proposal For Renovation Of Verdi Square on Manhattan’s Upper West Side

7:00 am on February 10, 2025 By Max Gillespie

A proposal to improve accessibility and infrastructure at Verdi Square on Manhattan’s Upper West Side is set to be presented to the Landmarks Preservation Commission (LPC) on February 11. The 0.1-acre park is located on a trapezoidal traffic island bounded by 72nd Street on the south, 73rd Street on the north, Broadway on the west, and Amsterdam Avenue on the east. The project, designed by Cameron Engineering, has a total budget of $873,000 and was funded by the mayor’s office. The primary goals of the project include the installation of an asphalt path to create an accessible route within the square, upgrades to the water service, and the installation of a Reduced Pressure Zone (RPZ) back flow device for improved water management.

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Housing Lottery Launches for 86 and 88 Marble Hill Avenue in Marble Hill, Manhattan

6:30 am on February 10, 2025 By Vanessa Londono

The affordable housing lottery has launched for 86 and 88 Marble Hill Avenue, a pair of four-story residential buildings in Marble Hill, Manhattan. Designed by CB Engineering PC and developed by SAL Development Corp., the structures yield 16 residences. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $111,532 to $181,740.

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New Renderings Revealed For 95 Rockwell Place in Fort Greene, Brooklyn

8:00 am on February 9, 2025 By Michael Young and Matt Pruznick

New renderings have been revealed for 95 Rockwell Place, a 38-story mixed-use tower in Fort Greene, Brooklyn. Designed by Fogarty Finger and developed by Charney Companies, the 418-foot-tall structure will span 167,679 square feet and yield 158 condominium units with an average scope of 855 square feet, as well as 32,568 square feet of commercial space and a cellar level. The project is located on an interior lot between Lafayette Avenue and Fulton Street.

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