RiverOak Investment Corp., Azimuth Development, and the nonprofit Women in Need are moving forward with plans to build a seven-story, 17-unit mixed-use supportive project at 316 East 91st Street, in the Yorkville section of the Upper East Side. All of the residential units will be two-bedrooms and they will be geared towards single mothers who are homeless, Crain’s reported.
Corona-based United Construction & Development Group has entered into contract to purchase the vacant, 3.7-acre mixed-use development site at 131-35 Roosevelt Avenue, a.k.a. 39-08 Janet Place, in downtown Flushing. The sale is expected close for more than $100 million, The Real Deal reported. The site can accommodate up to 870,000 square feet of mixed-use development. In fact, plans for four 16-story towers, connected by a common base, were approved in 2008. That would include 457 residential units, 313,000 square feet of commercial space, and 7,500 square feet of community facility space. It’s unclear whether the next owner will move forward with those plans, but United has reportedly met with the Ismael Leyva Architects, who was responsible for them.
After four years of delayed construction, financial missteps, and lawsuits, Forest City Ratner and Greenland U.S.A. are finally welcoming tenants into 461 Dean Street, currently the tallest skyscraper in the world constructed with modular units. The 32-story tower on the edge of Prospect Heights and Park Slope offers sweeping views of brownstone Brooklyn, but its lengthy construction saga highlights the myriad issues facing developers who want to build with modular construction.
Foundation work is underway on the 24-story, 62-unit mixed-use building under development at 1050 Sixth Avenue, located between West 39th and 40th streets in Midtown near Bryant Park. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will measure 62,886 square feet and stand 299 feet to the top of its bulkhead.
Construction is now occurring above ground level on the 63-story, 483-unit mixed-use tower under development at 118 Fulton Street, located on the corner of Dutch Street in the Financial District. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the tower, dubbed 19 Dutch, will encompass 595,140 square feet and rise 758 feet above street level. That’s a significant height increase from the summer, when a 49-story tower was planned.
