Permits have been filed for a four-story residential building at 1140 43rd Street in Borough Park, Brooklyn. The site is three blocks away from the Fort Hamilton Parkway subway station, serviced by the D trains. Shimon Lichtenstein of YML Realty will be responsible for the development.
The Gladstone family has a long history of construction in New York, and the family’s current venture, Madison Equities, was founded in the mid-1960’s. Now, Madison is behind what will imminently become the first actual residential supertall below 34th Street in Manhattan, with 45 Broad Street set to rise 1,127 feet to its peak. Last week, Madison Equities’ CEO Robert Gladstone sat down with YIMBY to talk about that project, as well as everything else in the firm’s pipeline for the Five Boroughs.
Covered from top to bottom in a sleek facade of curved glass corners, tall windows, and white paneling, ARO is a 738-foot, 62-story residential tower that has risen from the former site of the Roseland Ballroom in Midtown, Manhattan. Located at 242 West 53rd Street between Eighth and Ninth Avenues, the new structure contains nearly 450,000 square feet designed by CetraRuddy Architecture. Algin Management is the developer, and leasing is being led by Triumph Property Group, and has now commenced for the 426 available apartments.
Permits have been filed for an eight-story residential building at 100 Lenox Road in Flatbush-Ditmas Park, Brooklyn. The site is four blocks away from the Parkside Avenue subway station, serviced by the Q trains and at the southeast corner of the Prospect Park subway station. Pulse Bedford Development will be responsible for the project.
Back in January of 2017, construction at 685 First Avenue had just reached the fifth floor. In just under two years, the tower and façade have topped out, sales have launched, and completion is expected by the end of the year. Sheldon Solow’s Solow Building Company is developing the 42-story minimalist Murray Hill skyscraper.