Stellar Management

35-01 36th Avenue Nears Completion in Astoria, Queens

Work is nearing completion on 35-01 36th Avenue, a nine-story mixed-use building in Astoria, Queens. Designed by NDKazalas Architecture and developed by Stellar Management, the 140-foot-tall structure is expected to yield 57,049 square feet with 33,624 square feet of office space and 9,928 square feet for a ground-floor community facility. SMQ OZB 1LLC is listed as the owner and Armteck Construction Group is the general contractor for the property, which is located at the corner of 36th Avenue and 35th Street.

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211 McGuinness Boulevard, rendering by Gene Kaufman Architect

Housing Lottery Launches for Otto Greenpoint at 211 McGuinness Boulevard in Greenpoint, Brooklyn

The affordable housing lottery has launched for Otto Greenpoint, an eight-story mixed-use building at 211 McGuinness Boulevard in Greenpoint, Brooklyn. Designed by Gene Kaufman and developed by Stellar Management, the structure yields 197 residences. Available on NYC Housing Connect are 60 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,463 to $167,570.

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130 Second Avenue

Reveal for Swiss Institute’s New Two-Story, 7,500-Square-Foot Headquarters at 130 Second Avenue, East Village

In September of 2015, Stellar Management acquired, for $12 million, the two-story, 7,500-square-foot commercial building at 130 Second Avenue. That’s located on the corner of St. Marks Place in the East Village. It has now been revealed that Stellar will renovate the existing building, formerly occupied by a Chase bank branch. It will become the headquarters of the currently TriBeCa-based non-profit art organization Swiss Institute, Curbed NY reported. Besides upgraded office space, new elements will include event spaces, a library, a bookstore, and a rooftop terrace. Selldorf Architects is designing the renovation and completion is expected in 2017.


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