Mixed-Use

Affordable Housing Lottery Launches for 1399 Myrtle Avenue in Bushwick, Brooklyn

7:00 am on August 20, 2022 By Vanessa Londono

The affordable housing lottery has launched for 1399 Myrtle Avenue, a nine-story mixed-use building in Bushwick, Brooklyn. Designed by Angelo Ng and Anthony Ng Architects Studio and developed by Yao Zhang under the 1397 Myrtle LLC, the structure yields 49 residences, 34 enclosed parking spaces, ground-floor commercial space, and community facility space on the second floor. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $66,000 to $187,330.

400 Capital Management Inks 25,000-Square-Foot Lease at 660 Fifth Avenue in Midtown, Manhattan

7:00 am on August 19, 2022 By Sebastian Morris

400 Capital Management, a global credit asset manager, is the latest company to join 660 Fifth Avenue in Midtown, Manhattan. The company’s office will occupy more than 25,000 square feet on the building’s 27th floor beginning August 2024.

Gotham Point North Tower’s Façade Nears Completion in Hunters Point South, Queens

8:00 am on August 18, 2022 By Michael Young

Façade work is nearing completion on Gotham Point North Tower, a 57-story residential skyscraper at 1-15 57th Avenue in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization and Riseboro Community Partnership, the 559-foot-tall structure is also known as Parcel F in a two-tower development along with the adjacent Parcel G, and will yield 692 units. The building rises from a plot bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west.

Permits Filed for 11-36 45th Road in Long Island City, Queens

6:30 am on August 18, 2022 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 11-36 45th Road in Long Island City, Queens. Located between 11th Street and 21st Street, the lot is one block from the Court Square subway station, serviced by the 7 and G trains. George Jiapeng Xu of Century Development Group is listed as the owner behind the applications.

111 Wall Street’s New Façade Begins Installation in Financial District, Manhattan

7:30 am on August 17, 2022 By Michael Young

Re-cladding work has begun on 111 Wall Street, a 25-story commercial building undergoing renovations in the Financial District. Designed by STUDIOS Architecture and developed by Wafra Capital Partners and The Nightingale Group, the $100 million project involves the replacement of the mid-century façade, a complete overhaul of 1.5 million square feet of office space, and the construction of an expanded lobby and new amenities designed by URBN Playground. Hunter Roberts Construction Group is the general contractor and JLL is handling leasing for the Lower Manhattan property, which is bound by Wall Street and Mannahatta Park to the northeast, Front Street to the northwest, Gouverneur Lane to the southwest, and South Street and the FDR Drive to the southeast.

Beach 21 Affordable Housing Project Completes Construction at 10-47 Beach 21st Street in Far Rockaway, Queens

7:00 am on August 15, 2022 By Sebastian Morris

Construction is complete on Beach 21, a ten-story affordable housing building at 10-47 Beach 21st Street in Far Rockaway, Queens. Developed by The Community Builders with support from New York City’s Economic Development Corporation, Department of Housing Preservation and Development, and Housing Development Corporation, the structure yields 224 units reserved for New Yorkers earning 40 to 80 percent area median income (AMI) and 23 units for the formerly homeless, as well as 28,000 square feet of ground-floor retail and community space including a daycare center. The project is part of the city’s Downtown Far Rockaway Revitalization Plan and is located between Mott Avenue to the north and Cornaga Avenue to the south.

Permits Filed for 214-33 41st Avenue in Bayside, Queens

6:30 am on August 15, 2022 By Vanessa Londono

Permits have been filed for a four-story mixed-use building at 214-33 41st Avenue in Bayside, Queens. Located between 214th Place and Bell Boulevard, the lot is closest to the Main Street subway station, serviced by the 7 train. Anthony Chiodi of ADC Builders and Developers is listed as the owner behind the applications.

Madison House’s Retail Podium Nears Completion at 126 Madison Avenue in NoMad, Manhattan

8:00 am on August 14, 2022 By Michael Young

Construction is finally coming to a close on Madison House, a 62-story residential skyscraper at 126 Madison Avenue in the Midtown, Manhattan district of NoMad. Designed by Handel Architects and developed by Fosun Group and JD Carlisle, the 805-foot-tall structure yields 199 condominiums with sales led by Douglas Elliman Development Marketing. The property is alternately addressed as 15 East 30th Street and rises from a plot bound by East 31st Street to the north, East 30th Street to the south, and Madison Avenue to the east.

Construction Ramps Up on Terminal Warehouse Renovation at 261 Eleventh Avenue in West Chelsea, Manhattan

7:30 am on August 14, 2022 By Michael Young

Construction is full swing on the Terminal Warehouse, a seven-story commercial conversion at 261 Eleventh Avenue in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed by L&L Holding Company and Columbia Property Trust, the $1.25 billion project will overhaul the 121-year-old warehouse structure and yield a mix of Class A office suites, retail space, and dining options. L&L and Normandy Real Estate Partners purchased the Terminal Warehouse in 2018 for $880 million, and CBRE helped to arrange construction funding from the Blackstone Real Estate Debt Strategies platform, Goldman Sachs, KKR, and Oaktree Capital Management. New Line Structures & Development is the general contractor for the property, which is bound by West 28th Street to the north, West 27th Street to the south, Eleventh Avenue to the east, and West Street to the west.

Permits Filed for 78-29 Austin Street in Forest Hills, Queens

7:00 am on August 13, 2022 By Vanessa Londono

Permits have been filed for a seven-story mixed-use building at 78-29 Austin Street in Forest Hills, Queens. Located between 78th Avenue and Union Turnpike, the lot is near the Kew Gardens-Union Turnpike subway station, serviced by the E and F trains. Rybak Development and Construction is listed as the owner behind the applications.

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Mixed-Use

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