Exterior work is progressing on 232 East 54th Street, a topped-out 420-foot-tall residential tower in Midtown East. Designed by Ismael Leyva Architects, the 40-story structure is located between Second and Third Avenues near a number of notable buildings such as the Lipstick Building at 885 Third Avenue and the 915-foot-tall Citigroup Center, aka 610 Lexington Avenue. YIMBY last reported that Elk Investors was listed as the exclusive developer of the building, though ownership may have fully transferred to Mossanen Group and an LLC known as East 54th St. Properties.
Morris Adjmi Architects’s 29-story residential tower may soon go vertical at 550 Clinton Avenue in Clinton Hill, Brooklyn, following developer Hope Street Capital’s procurement of $180 million in construction financing. The building will eventually comprise 280,000 square feet including 284 apartments and about 60,000 square feet of retail area.
Permits have been filed for a five-story mixed-use building at 150 Noll Street in Bushwick, Brooklyn. Located between Wilson Avenue and Central Avenue, the through lot is a short walk to the Morgan Avenue subway station, serviced by the L train. Yechiel Stern under the Noll Street Realty USA LLC is listed as the owner behind the applications.
Maddd Equities is responsible for one of the largest forthcoming developments in the South Bronx, a new 274,000-square-foot building in the borough’s Cromwell-Jerome neighborhood. Located at 1164 River Avenue, the development is currently in pre-construction and will eventually comprise 250 rental units and 88,000 square feet of lower-level commercial space.
Permits have been filed for a 47-story mixed-use building at 98 DeKalb Avenue in Fort Greene, Brooklyn. Located across the street from The Brooklyn Hospital Center, the lot also fronts Ashland Place with the address 180 Ashland Place. Nearby is the DeKalb Avenue subway station, serviced by the B, Q, and R trains, as well as the Fulton Street station serviced by the G train.