Margaritaville Resort Wraps Up Construction at 560 Seventh Avenue in Times Square, Manhattan

8:00 am on June 13, 2021 By Michael Young

Construction on the ground-up Margaritaville Resort New York at 560 Seventh Avenue wraps up work in Times Square. Designed by Stonehill Taylor and developed by Sharif El-Gamal of Soho Properties along with MHP Real Estate Services, the topped out 32-story, 375-foot-tall tower looks like it will open in the coming months and yield 234 guest rooms with island-inspired interior designs. The Midtown, Manhattan project is located at the corner of Seventh Avenue and West 40th Street and is expected to cost around $300 million. The McBride Company is handling the interiors.

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Excavation and Foundations Underway at 1165 Madison Avenue on Manhattan’s Upper East Side

7:30 am on June 13, 2021 By Michael Young

Excavation and foundation work is underway at 1165 Madison Avenue, the site of a 13-story residential building on Manhattan’s Upper East Side. Designed by SLCE and developed by Naftali Group with Titanium Construction Services Inc. as the general contractor, the 210-foot-tall building will yield 67,680 square feet with 12 condominiums spread across 58,919 square feet and 3,749 square feet of commercial space. The property is located at the intersection of East 86th Street and Madison Avenue, a short walk from the 4, 5, and 6 trains at the 86th Street station.

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50 Penn in East New York, Brooklyn. All images courtesy of NYC Housing Connect

Housing Lottery Launches for 50 Penn at 2628 Fulton Street in East New York, Brooklyn

6:30 am on June 13, 2021 By Vanessa Londono

The affordable housing lottery has launched for 50 Penn, a nine-story mixed-use building in East New York, Brooklyn. The 211,406-square-foot development is designed by Dattner Architects and will yield 218 units. Available on NYC Housing Connect are 175 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $14,640 to $118,400.

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Brick and Stone Façade of RAMSA’s 1228 Madison Avenue Fully Revealed on Manhattan’s Upper East Side

8:00 am on June 12, 2021 By Michael Young

Exterior work is closing in on completion at 1228 Madison Avenue, a 20-story residential building on Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by CBSK Ironstate, a partnership of CB Developers, SK Development, and Ironstate, the property will yield 15 units with interiors by Kelly Behun Studio. The site is located along Madison Avenue between East 88th and 89th Streets, directly behind Frank Lloyd Wright’s Guggenheim Museum.

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