New York YIMBY

Demolition Underway for SOM-Designed Skyscraper at 415 Madison Avenue in Midtown East, Manhattan

8:00 am on August 16, 2022 By Michael Young

Demolition is ramping up at 415 Madison Avenue, the site of a 40-story commercial skyscraper in Midtown East. Designed by Skidmore Owings & Merrill and developed by 415 Madison Avenue LLC, the 605-foot-tall tower will yield 343,100 square feet of office space as well as a 350-square-foot ground-floor retail pavilion and a 2,400-square-foot open-air public concourse. The developer sought permits through the ULURP process and will build in compliance with the East Midtown sub-district regulations, with air rights purchased from the landmarked St. Bartholomew’s Church along Park Avenue. PAL Environmental Services is the general contractor and Rudin Management is the owner of the property, which is located at the corner of Madison Avenue and East 48th Street.

33 Franklin Street Rises Above Street Level in Greenpoint, Brooklyn

7:30 am on August 16, 2022 By Michael Young

Construction is rising on 33 Franklin Street, a seven-story residential building in Greenpoint, Brooklyn. Designed by StudiosC and developed by Yidel Hirsch under the Franklin 33 LLC, the 80-foot-tall structure will yield 95,000 square feet with 80 units, with a portion dedicated to affordable housing, as well as ground-floor retail space and parking for 32 vehicles. The property is alternately addressed as 82 Calyer Street and is bound by Calyer Street to the north, Quay Street to the south, and Franklin Street to the east.

Mayor Eric Adams and Governor Kathy Hochul gather to announce $70 million initial investment to decarbonize NYCHA buildings

NYSERDA, New York Power Authority Pledge $70M For Energy-Efficiency Upgrades to NYCHA Buildings

7:00 am on August 16, 2022 By Sebastian Morris

New York City mayor Eric Adams and New York Governor Kathy Hochul recently announced phase one of the Clean Heat for All Challenge, an initiative to spur manufacturers of heating and cooling equipment to develop new energy-efficient systems for multifamily NYCHA properties. The investment arrives from the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority and will support the development and production of 30,000 new heat pumps for NYCHA buildings.

Rendering of 160 Clarkson Avenue - Hill West Architects

Housing Lottery Launches for 160 Clarkson Avenue in Flatbush, Brooklyn

6:30 am on August 16, 2022 By Vanessa Londono

The affordable housing lottery has launched for 160 Clarkson Avenue, a seven-story residential building in Flatbush, Brooklyn. Designed by Hill West Architects and developed by Ephraim Heimfield, the structure yields 116 residences and 58 enclosed parking spaces. Available on NYC Housing Connect are 26 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $187,330.

SOM’s 1245 Broadway Completes Construction in NoMad, Manhattan

8:00 am on August 15, 2022 By Michael Young

Construction is complete on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Corem, the 318-foot-tall reinforced concrete structure yields 200,000 square feet of office space with marketing and leasing handled by CBRE. StructureTech NY and Triton Construction led construction on the property, which is located at the corner of West 31st Street and Broadway, a short walk from Koreatown, Herald Square, and Madison Square Park.

255 West 34th Street Rises Near Halfway Mark in Midtown, Manhattan

7:30 am on August 15, 2022 By Michael Young

Construction is nearing the halfway point on 255 West 34th Street, a 33-story hotel tower in Midtown, Manhattan. Designed by Stonehill Taylor Architects and developed by The Chetrit Group, the 397-foot-tall structure will yield 330 hotel rooms spread across 155,594 square feet. Flintlock Construction Services is the general contractor for the property, which is located on the southern edge of the Garment District between Seventh and Eighth Avenues, right across from One Penn Plaza and within walking distance of Madison Square Garden and Moynihan Train Hall at the James A. Farley Building.

Beach 21 Affordable Housing Project Completes Construction at 10-47 Beach 21st Street in Far Rockaway, Queens

7:00 am on August 15, 2022 By Sebastian Morris

Construction is complete on Beach 21, a ten-story affordable housing building at 10-47 Beach 21st Street in Far Rockaway, Queens. Developed by The Community Builders with support from New York City’s Economic Development Corporation, Department of Housing Preservation and Development, and Housing Development Corporation, the structure yields 224 units reserved for New Yorkers earning 40 to 80 percent area median income (AMI) and 23 units for the formerly homeless, as well as 28,000 square feet of ground-floor retail and community space including a daycare center. The project is part of the city’s Downtown Far Rockaway Revitalization Plan and is located between Mott Avenue to the north and Cornaga Avenue to the south.

Permits Filed for 214-33 41st Avenue in Bayside, Queens

6:30 am on August 15, 2022 By Vanessa Londono

Permits have been filed for a four-story mixed-use building at 214-33 41st Avenue in Bayside, Queens. Located between 214th Place and Bell Boulevard, the lot is closest to the Main Street subway station, serviced by the 7 train. Anthony Chiodi of ADC Builders and Developers is listed as the owner behind the applications.

Madison House’s Retail Podium Nears Completion at 126 Madison Avenue in NoMad, Manhattan

8:00 am on August 14, 2022 By Michael Young

Construction is finally coming to a close on Madison House, a 62-story residential skyscraper at 126 Madison Avenue in the Midtown, Manhattan district of NoMad. Designed by Handel Architects and developed by Fosun Group and JD Carlisle, the 805-foot-tall structure yields 199 condominiums with sales led by Douglas Elliman Development Marketing. The property is alternately addressed as 15 East 30th Street and rises from a plot bound by East 31st Street to the north, East 30th Street to the south, and Madison Avenue to the east.

Construction Ramps Up on Terminal Warehouse Renovation at 261 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on August 14, 2022 By Michael Young

Construction is full swing on the Terminal Warehouse, a seven-story commercial conversion at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project will overhaul the 121-year-old warehouse structure and yield a mix of Class A office suites, retail space, and dining options. L&L and Normandy Real Estate Partners purchased the Terminal Warehouse in 2018 for $880 million, and CBRE helped to arrange construction funding from the Blackstone Real Estate Debt Strategies platform, Goldman Sachs, KKR, and Oaktree Capital Management. New Line Structures & Development is the general contractor for the property, which is bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

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