Demolition Begins for KPF-Designed Office Supertall at 343 Madison Avenue in Midtown East, Manhattan

8:00 am on December 25, 2021 By Michael Young

Demolition work is ramping up at 343 Madison Avenue, the site of a 1,050-foot commercial supertall in Midtown East and number seven on our end-of-year countdown. Designed by Kohn Pedersen Fox and developed by Boston Properties, the 55-story structure will rise from a 25,000-square-foot rectangular site between East 44th and 45th Streets that is currently occupied by a 15-story building that formerly housed the Metropolitan Transportation Authority headquarters. The new tower will yield 832,613 square feet of office space, 5,357 square feet of retail space, and 5,357 square feet of subterranean circulation paths to Grand Central Terminal and the future East Side Access project. Rezoning plans for 343 Madison Avenue were approved by the City Council in mid November.

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Preliminary rendering of proposed renovations at Frederick E. Samuel Apartments

NYCHA Announces Majors Renovations for Frederick E. Samuel Apartments at 141 West 142nd Street in Harlem

7:30 am on December 25, 2021 By Sebastian Morris

NYCHA has revealed its plans to renovate Frederick E. Samuel Apartments, a 42-building affordable housing portfolio in Harlem. The Frederick Samuel Apartments stretch from West 139th Street to West 147th Street, between Adam Clayton Powell Jr. Boulevard and Lenox Avenue. The portfolio includes 664 units and houses 1,379 residents, some of whom reside in buildings more than 100 years old.

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Housing Lottery Launches for Rose Castle at 33 Little Nassau Street in Williamsburg, Brooklyn

6:30 am on December 25, 2021 By Vanessa Londono

The affordable housing lottery has launched for Rose Castle, a nine-story mixed-use building at 33 Little Nassau Street in Williamsburg, Brooklyn. Designed by Archimaera Architecture and developed by Riverside Developers, the structure yields 86 residences. Available on NYC Housing Connect are 59 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $50,709 to $167,570.

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262 Fifth Avenue

Excavation Progresses for 262 Fifth Avenue Residential Supertall in NoMad, Manhattan

8:00 am on December 24, 2021 By Michael Young

Excavation is continuing at 262 Fifth Avenue, the site of a proposed 1,043-foot residential supertall in NoMad and number eight on our year-end construction countdown. Designed by Russian-based firm Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 139,168 square feet of residential space divided into 41 residential units and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.

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