Brief

92 Morningside Avenue

Expansion Topped-Out At 92 Morningside Avenue, Restored 75 Rental Units, Harlem

Construction is well underway to restore and expand the formerly burnt-out seven-story building at 92 Morningside Avenue, in central Harlem, to 10 stories and 75 market-rate rental units. The building, three blocks away from the 125th Street stop serviced by the A, B, C and D trains, appears to be topped-out, according to Harlem+Bespoke. Renaissance Realty Group is developing. ND Architecture & Design is designing, and the project will probably be finished by 2016.


498 West 130th Street

Five-Story, Two-Unit Residential Building Planned At 498 West 130th Street, Manhattanville

Melody Development has filed applications for a five-story, two-unit residential building at the vacant lot at 498 West 130th Street, in Manhattanville, a few blocks east of the 125th Street station for the 1 train. The building will measure nearly 3,900 square feet, with one unit occupying the ground floor and the second spanning floors two through five. Ashraf Ali, head of Architectural Design Solutions, is the applicant of record.


296 Wythe Avenue

Residential & Retail Building Planned At 296 Wythe Avenue, Williamsburg

Joseph Brunner and Abe Mandel are set to acquire the single-story warehouse buildings spanning 296-306 Wythe Avenue, in western Williamsburg, two blocks in from the East River, for roughly $27 million. The developers plan to build a residential development on the site, featuring retail space on the ground floor. When the sale closes, the transaction would be a price record in the neighborhood at nearly $700 per buildable square foot.


76 Lefferts Place

31 Townhouse-Style Condos Wrap Up Construction At 76 Lefferts Place, Clinton Hill

Dubbed Lefferts Place Mews, a slew of three-story. townhouse-style buildings are getting their finishing touches at 76-96 Lefferts Place, in southern Clinton Hill, a block from the Franklin Avenue stop on the C train. The development will total 31 condominium units, and Jack Bain is the developer, according to Brownstoner. Design Studio Associates is designing, whereas Schneider Associates is serving as the architect of record. Move-ins are expected later this year.


520 5th avenue

Ceruzzi Properties To Acquire 520 Fifth Avenue, 71-Story Mixed-Use Tower Planned, Midtown

Last December, Thor Equities filed applications for a 71-story, nearly 353,600 square-foot mixed-use tower at 520 5th Avenue, in Midtown, and now Ceruzzi Properties has agreed to acquire the site for $325 million, according to Commercial Observer. The new owner plans to proceed with previous plans, which will feature three stories of retail, followed by 208 hotel rooms up to the 24th floor, and 145 residential units in the upper reaches of the tower.


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