Mixed-Use

39 West 23rd Street’s Glass and Stone Façade Continues Installation in Chelsea, Manhattan

Curtain wall work is continuing to shape up at 39 West 23rd Street, a 24-story residential development in the Flatiron District. Designed by COOKFOX Architects and developed by Anbau Enterprises, the project consists of two structures spanning between West 23rd and West 24th Streets, separated by a private interior courtyard. The site sits almost directly in the center of a rectangular parcel bound by Fifth Avenue to the east and Sixth Avenue to the west.

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Excavation Underway at 241 West 28th Street in Chelsea, Manhattan

Excavation has begun at 241 West 28th Street, the site of a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development is progressing due to $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the property, which is located between Seventh and Eighth Avenues, in December 2018 and established a 99-year ground lease with Edison Properties. Thirty percent of the residential units will be reserved for low- and middle-income households.

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2741 Fulton Street

Housing Lottery Launches for 2741 and 2746 Fulton Street in Cypress Hills, Brooklyn

The affordable housing lottery is open for Fulton Street Apartments, two four-story mixed-use buildings developed by Aron Schwartz in Cypress Hills, Brooklyn. 2741 Fulton Street is designed by Diego Aguilera Architects. The ten-unit building will yield 11,233 square feet with three units designated as affordable housing. Available on NYC Housing Connect is a one-bedroom and two two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $66,858 to $159,640. 2746 Fulton Street is designed by Studio Gallos. The nine-unit building will yield 9,409 square feet with one unit designated as affordable housing. Available on NYC Housing Connect is one two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $82,286 to $159,640.

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2551 Broadway Continues Vertical Ascent on Manhattan’s Upper West Side

Construction is rising at 2551-2555 Broadway, a 22-story residential project on Manhattan’s Upper West Side. Located at the corner of Broadway and West 96th Street, the 276,578-square-foot structure is designed by Stephen B. Jacobs Group and is being developed by Extell, which purchased the property for $80 million in a sale facilitated by Eastern Consolidated. The building will yield 215,866 square feet of residential space with 130 units, likely condominiums with an average scope of 1,660 square feet, as well as 9,080 square feet of commercial space.

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