This week CORE Real Estate held a groundbreaking ceremony for 429 Second Avenue, a 12-story residential building in Kips Bay, Manhattan. Designed by DXA Studio with amenity spaces by Paris Forino and developed by New Empire Corp., the 150-foot-tall development will yield 44,571 square feet with 59 condos units. The property is located between East 24th and 25th Streets.
Permits have been filed for a four-story residential building at 2795 Cropsey Avenue in Gravesend, Brooklyn. Located between Bay 47th Street and 28th Avenue, the lot is closest to the Bay 50th Street subway station, serviced by the D train. Bentley Zhao of New Empire Corp. is listed as the owner behind the applications.
This week New Empire Corp. announced a 150-unit condominium development in Flatbush, Brooklyn, following the acquisition of two neighboring lots at 757-767 Flatbush Avenue and 21 Lenox Road. Valued at $18 million, the assemblage comprises 37,793 square feet and is currently occupied by several low-rise retail properties.
Permits have been filed for a 12-story residential building at 58-01 Queens Boulevard in Woodside, Queens. Located between 58th Street and 59th Place, the lot is near the 61st Street-Woodside subway station, serviced by the 7 train. Bentley Zhao of New Empire Corp. is listed as the owner behind the applications, after securing the site for $16.2 million.
Construction is complete on 208 Delancey Street, a 12-story residential building on Manhattan’s Lower East Side. Designed by ODA New York and developed by New Empire Corporation, the 85,000-square-foot structure yields 85 condominium units in studio to three-bedroom layouts with sales and marketing led by Compass. The property is located by the corner of Delancey Street and Pitt Street.
