New York

526 West 53rd Street

Two-Building, 392-Unit Residential Development Rises At 526 West 53rd Street, Hell’s Kitchen

Back in May of 2014, YIMBY reported on plans for a multi-building residential development on the block bound by West 52nd and 53rd streets and Tenth and Eleventh avenues, in Hell’s Kitchen. At the time, the 12-story, 96-unit affordable residential building at 535 West 52nd Street, dubbed The Park Clinton, was the only one completed. Then in May of 2015, the developers secured $200 million in construction financing for another phase of the project, which consists of a 24-story building at 526 West 53rd Street connected to a 16-story building at 525 West 52nd Street. That block-thru portion will encompass 392 additional residential units and is currently 15- and 14-stories above street level, respectively.

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639 Eleventh Avenue

Reveal For Five-Story, 35,000-Square-Foot Maserati Dealership At 639 Eleventh Avenue, Hell’s Kitchen

Back in February of 2015, YIMBY reported on plans for a five-story, 35,000-square-foot commercial building at 639 Eleventh Avenue, located on the corner of West 47th Street, in Hell’s Kitchen. Now, the Wall Street Journal reports BNF Automotive Group has begun construction on the building, which will house Maserati’s new Manhattan flagship dealership. The structure will sport a rooftop terrace, high ceilings, and a glassy curtain wall. Foundation work is reportedly underway and completion is expected in February of 2017. BNF Automative Group signed a 49-year ground lease for the 5,042-square-foot property, which is owned by Samyon Ruvinsky. CAI Architecture is behind the design and Dome Architecture & Design Group is the architect of record.


19-80 Steinway Street

Construction Wrapping on Four-Story, 83-Unit Affordable Mixed-Use Building At 19-80 Steinway Street, Astoria

Construction is finally wrapping up on a long-stalled four-story, mixed-use building at 19-80 Steinway Street (a.k.a. 19-73 38th Street), in the Ditmars-Steinway section of northern Astoria. DNAinfo reports all of the project’s 83 residential units will rent at below-market rates. The building is dubbed Steinway Estates and its apartments will come in studio, one-, two-, and three-bedroom configurations. The ground-floor will contain 17,785 square feet of retail space, 2,400 square feet of medical office space, and a 219-car parking garage. Amenities include 12,000 square feet of storage space, a fitness center, and a laundry in the cellar, in addition to a rooftop terrace. Queens-based Gerald J. Caliendo Architect is the architect of record. Bronx-based Steve Zervoudis is listed as the property owner, and occupancy can probably be expected later this year.



41-22 24th Street

12-Story, 87-Unit Residential Project Tops Out At 41-22 24th Street, Long Island City

In January, the 12-story, 87-unit residential building under development at 41-22 24th Street, in the Queens Plaza section of Long Island City, was seven stories above street level. Now, The Court Square Blog reports the 85,582-square-foot project has topped out 120 feet above street level. Curtain wall installation has not begun yet, although the structure is currently completely veiled in scaffolding and work should begin soon. The rental apartments should average 761 square feet apiece, and amenities listed in the Schedule A include a rooftop terrace, storage for 45 bikes, a 21-car parking garage, a fitness center, entertainment rooms, a laundry room, and tenant storage space. Lions Group is the developer and MY Architect is behind the design. Completion is expected by the end of this year.


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