L&M Development Partners and Wilder Balter Partners Inc. have completed work on their $190 million project in downtown New Rochelle, called ‘Stella’. The new addition to the city at 10 LeCount Place stands as a 28-story mixed-use residential building. The property is designed by Beyer Blinder Belle and offers 380 homes, including studios and one- and two-bedroom apartments. The Marketing Directors is the exclusive leasing and marketing firm for the development. The gross monthly rents for the 285 market rate residences start around $2,000 per month. Stella is built to Enterprise Green Communities efficiency standard, including Energy Star appliances, Zero-VOC interior paints, LED light fixtures, and water- conserving plumbing fixtures.
Podium work is progressing for Madison House, an 805-foot-tall residential skyscraper at 126 Madison Avenue and the tallest structure in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a footprint stretching between East 30th and 31st Streets and Madison Avenue. Madison House is currently more than 50 percent sold with over $300 million in sales, and occupancy is expected to begin this winter.
The affordable housing lottery has launched for East Village Homes, a 14-story mixed-use building at 302 East 2nd Street in Manhattan’s East Village. Designed by Leroy Street Studio Architecture and developed by New York City Department of Housing Preservation and Development, the structure yields 44 residences. Available on NYC Housing Connect are 36 units for residents at 50 to 140 percent of the area median income (AMI), ranging in eligible income from $32,229 to $180,460.
Construction is wrapping up on the Virgin Hotel, a 38-story tower at 1225 Broadway in NoMad. Designed by Stantec and developed by Lam Group, the 476-foot-tall, 300,000-square-foot structure will yield 460 hotel rooms managed by Sir Richard Branson of Virgin Group. Flintlock Construction Systems, LLC is the general contractor for the building, which is bound by Broadway, West 29th Street, and West 30th Street.
Exterior work is approaching the finish line on 7-9 East 30th Street, a 23-story residential building in NoMad. Designed by SWA Architecture and developed by Castellan Real Estate Partners, the 227-foot-tall structure will yield 54 residences spread across 41,992 square feet as well as 2,142 square feet of ground-level retail space. Titanium Construction Services is the general contractor for the building, which is located between Madison and Fifth Avenues.