Construction is wrapping up on The Benson, an 18-story condominium building at 1045 Madison Avenue in the Carnegie Hill section of the Upper East Side. Designed by Peter Pennoyer and developed by The Naftali Group, the 210-foot-tall reinforced concrete structure will yield 16 residential units spread across 59,032 square feet, for an average of 3,700 square feet apiece, as well as 3,993 square feet of ground-floor retail space. The inventory of homes includes three penthouses, and the majority of the units feature full-floor layouts. Leeding Builders Group is the general contractor of the project, which is located between East 79th and East 80th Streets, a short walk from Central Park.
Exterior work is getting closer to completion on 150 East 78th Street, a 16-story residential building on Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects and developed by Midwood Investment & Development and EJS Group, the 205-foot-tall structure will yield 25 units in three- to five-bedroom layouts spread across 68,293 square feet as well as 3,739 square feet of ground-floor retail. Ismael Leyva Architects is the executive architect and residential layout designer for the project, which is located at the corner of East 78th Street and Lexington Avenue. Sales are underway and are being handled by Compass Development Marketing Group.
Permits have been filed for an 11-story hotel building at 131-24 40th Road in Flushing, Queens. Located between College Point Boulevard and Flushing Creek, the lot is near the Main Street subway station, serviced by the 7 train. Betsy Mak under the Success 83 LLC is listed as the owner behind the applications.
Permits have been filed for a six-story mixed-use building that will hold a charter school as well as commercial and community facility space at 556 New Lots Avenue in East New York‘s New Lots neighborhood. Located at the intersection of Van Siclen Avenue and New Lots Avenue, the corner lot is two blocks from the Van Siclen Avenue subway station, serviced by the 2 and 3 trains. Soly Bawabeh of Bermuda Realty is listed as the owner behind the applications.
Yesterday afternoon Governor Kathy Hochul revealed numerous new renderings of what the outdated 53-year-old Penn Station and the surrounding Midtown, Manhattan district could soon become. Despite being slightly downsized by 7 percent from former Governor Cuomo’s ten-building master plan, the new proposal still encompasses an incredible 18.3 million square feet of construction and redevelopment. Vornado Realty Trust is the developer of the master plan, which is expected to take four to five years to complete and cost between $6-7 billion.