Mixed-Use

241 West 28th Street’s Reinforced Concrete Superstructure Climbs Over Chelsea, Manhattan

Construction is rising on 241 West 28th Street, a 22-story residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 248,000-square-foot two-tower development will yield 479 units with 30 percent reserved for low- and middle-income households. King Contracting Group is doing the brick work and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues.

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550 Madison Avenue Officially Unveils New Lobby in Midtown East, Manhattan

YIMBY attended the recent unveiling of the newly renovated lobby of 550 Madison Avenue, a 37-story, 684-foot-tall office skyscraper in Midtown East. Designed by Gensler and developed by The Olayan Group and RXR Realty, the project involves a 21,000-square-foot indoor-outdoor overhaul of the 1984 postmodern landmark from Philip Johnson and John Burgee. In addition to the updated lobby, which features an art installation from Polish-German contemporary visual artist Alicja Kwade called Solid Sky, the undertaking will also provide a new café, elevated and ground-level landscaping, expanded seating with additional tables, and public restrooms. 550 Madison Avenue spans between East 55th and 56th Streets.

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Rendering of 26-25 Fourth Street. Designed by J Frankl Associates

Developers Secure $65.9M for 165-Unit Building at 26-25 Fourth Street in Astoria, Queens

SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.

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Tangram House West Nears Completion in Downtown Flushing, Queens

Sales recently kicked off for Tangram House West as the mixed-use development nears completion in Downtown Flushing, Queens. Developed in a joint partnership between F&T Group and SCG America and designed by Margulies Hoelzli Architecture, Tangram yields 1.2 million square feet with retail, residential, office, and hotel components. Bound by College Point Boulevard, Prince Street, and 37th and 39th Avenues, the 13-story building at 133-27 39th Avenue has 132 residential units. Inventory mix breaks down to 105 studio and one-to-two-bedroom residences, plus 27 penthouses ranging from one- to four-bedrooms layouts.

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