Excavation and foundation work is underway at 1165 Madison Avenue, the site of a 13-story residential building on Manhattan’s Upper East Side. Designed by SLCE and developed by Naftali Group with Titanium Construction Services Inc. as the general contractor, the 210-foot-tall building will yield 67,680 square feet with 12 condominiums spread across 58,919 square feet and 3,749 square feet of commercial space. The property is located at the intersection of East 86th Street and Madison Avenue, a short walk from the 4, 5, and 6 trains at the 86th Street station.
The affordable housing lottery has launched for 50 Penn, a nine-story mixed-use building in East New York, Brooklyn. The 211,406-square-foot development is designed by Dattner Architects and will yield 218 units. Available on NYC Housing Connect are 175 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $14,640 to $118,400.
The affordable housing lottery has launched for 1056 Manhattan Avenue, a seven-story mixed-use building in Greenpoint, Brooklyn. The 56,746-square-foot development is developed by Bruman Realty and will yield 90 units. Available on NYC Housing Connect are 27 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $45,086 to $139,620.
Façade work has reached the crown of 150 East 78th Street, a 16-story residential building on Manhattan’s Upper East Side. Developed by Midwood Investment & Development and EJS Group and designed by Robert A. M. Stern Architects with Ismael Leyva Architects as executive architect and residential layout designer, the 205-foot-tall property will yield 25 units ranging from three- to five-bedroom condominiums. Sales have launched and are being handled by Compass Development Marketing Group. 150 East 78th Street is found at the corner of East 78th Street and Lexington Avenue.
Work is continuing on the stone and glass exterior of The Leyton, a 30-story residential tower at 1059 Third Avenue on Manhattan’s Upper East Side. Designed by Manuel Glas Architects for Real Estate Inverlad and Third Palm Capital with interiors by Frampton Co. and Champalimaud Design, the 127,000-square-foot structure will yield 38 residences with sales and marketing led by Brown Harris Stevens Development Marketing. The inventory includes ten full-floor homes and one duplex. 1059 Third Avenue is located by the intersection of Third Avenue and East 63rd Street.