A new look is out for the residential building rising up next to the historic Long Island City Clock Tower. The development, rising at 29-37 41st Avenue, is expected to have the distinction as the Borough’s tallest building, bringing with it a new retail center, plenty of tenant amenities, and half an acre of public park space at its base. The building is located just a block away from the Queens Plaza subway station, an intersection with the E, M, and R trains. The 7, N, and W trains can be accessed two blocks away. The project is positioned to become a focal point of Queens’ rising downtown district in Long Island City, and the Durst Organization is responsible for development.
Permits have been pre-filed for a 16-story mid-rise as part of a larger mega-development at 2926 West 19th Street, Coney Island, Brooklyn, which YIMBY first revealed back in January. The site is five blocks away from the Coney Island-Stillwell Avenue subway station, serviced by the D, F, N, and Q trains, and right across the street from a multi-purpose baseball ballpark.
Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.
Demolition permits have been filed for the five-story building at 126 Madison Avenue, in Midtown South, Manhattan. The site will become a commercial extension of 15 East 30th Street, a residential high-rise. Photos show construction is moving along for the project, which will top out at 51 stories.
The tallest of nine structures comprising the Essex Crossing development, at 115 Delancey Street, has officially topped-out. The last time YIMBY reported on the site, it had just risen above street level, back in late January. The 26-story building will include 195 rental apartments, of which 98 will be affordable. Its developer, Delancey Street Associates, is comprised of BFC Partners, L+M Development Partners, and Taconic Investment Partners.