Phillips, a British-based auction house, will soon open a new Manhattan outpost at 432 Park Avenue in Midtown. The gallery and salesroom is slated to debut this June and will comprise over 35,000 square feet.
Façade installation is progressing on Foster + Partners‘ 50 Hudson Yards, a 1,011-foot commercial supertall in Hudson Yards. Developed by Related Companies and Oxford Properties, the 58-story office skyscraper is the final structure in the first phase of Hudson Yards and is to be the largest structure by volume, yielding 2.9 million square feet. The site is bound by West 34th Street to the north, Tenth Avenue to the east, West 33rd Street to the south, and Hudson Boulevard to the west.
Construction has topped out on 7-9 East 30th Street, a 227-foot-tall residential building in NoMad. Designed by SWA Architecture and developed by Castellan Real Estate Partners, the 23-story project will yield a total of 41,992 square feet split among 54 residences and 2,142 square feet of ground-level retail space. The property is located between Madison and Fifth Avenues.
City agencies are now reviewing proposals from BRP Companies to construct a new 14-story mixed-use building at 270 Nostrand Avenue in Bedford-Stuyvesant, Brooklyn. Before construction can begin, the developer needs to secure zoning text amendments for an increase in allowable building height and density.
The affordable housing lottery has launched for 560 19th Street, a three-story residential building in Windsor Terrace, Brooklyn. The 10,931-square-foot masonry development was designed by Bricolage Designs and yields nine units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.
