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Developers Close on $220 Million Construction Loan for Imperial Tower At 2966 John F. Kennedy Boulevard In Jersey City, New Jersey

7:30 am on July 16, 2026 By Max Gillespie

Construction financing has been secured for Imperial Tower, a 56-story mixed-use skyscraper at 2966 John F. Kennedy Boulevard in Jersey City, New Jersey. Designed by MVMK Architecture and developed by Kuldeep “Sunny” Kumar and Mohan Myneni, the 637-foot-tall structure will span 827,867 square feet and yield 542 rental units, of which 57 will be designated for affordable housing. The project will also include 34,105 square feet of ground-floor retail space, a 154-key Fairfield by Marriott hotel, a banquet hall, restaurants, and an enclosed parking garage with a capacity of 202 vehicles. The property spans half an acre at the corner of John F. Kennedy Boulevard and Cottage Street.

Housing Lottery Launches for Jamaica Central at 89-25 162nd Street in Jamaica, Queens

7:00 am on July 16, 2026 By Vanessa Londono

The affordable housing lottery has launched for Jamaica Central, a 14-story residential building at 89-25 162nd Street in Jamaica, Queens. Designed by S. Wieder Architect and developed by Vaja Group, the structure yields 126 residences. Available on NYC Housing Connect are 15 units for residents at 40 to 70 percent of the area median income (AMI), ranging in eligible income from $57,875 to $147,280.

Permits Filed for 37 South 3rd Street in Williamsburg, Brooklyn

6:30 am on July 16, 2026 By Vanessa Londono

Permits have been filed for an eight-story mixed-use building at 37 South 3rd Street in Williamsburg, Brooklyn. Located between Kent Avenue and Wythe Avenue, the lot is near the Bedford Avenue subway station, served by the L train. Harel Edery of Edery Global, Inc. is listed as the owner behind the applications.

23-10 43rd Avenue. Photo by Michael Young.

Demolition Complete For PS508Q School Building at 23-10 43rd Avenue in Long Island City, Queens

8:00 am on July 15, 2026 By Michael Young

Demolition is finished at 23-10 43rd Avenue, the site of a six-story school building for PS508Q in Long Island City, Queens. Designed by ESKW/Architects for the New York City School Construction Authority (NYC SCA), the 90,000-square-foot structure will feature classrooms and facilities for 550 students from pre-kindergarten through fifth grade. The school will also offer a city-wide district 75 special education program for students with significant disabilities. The 0.49-acre property is located within the Special Long Island City Mixed-Use District and is bounded by 43rd Avenue to the north, 24th Street to the east, and 23rd Street to the west.

Development Team Selected For The Aurea Affordable Development at 324 East 5th Street In East Village, Manhattan

7:30 am on July 15, 2026 By Max Gillespie

The New York City Department of Housing Preservation and Development (HPD) has designated a development team for The Aurea, a mixed-use affordable housing development at 324 East 5th Street in Manhattan’s East Village. Designed by SLCE Architects and developed by a partnership of Spatial Equity, Housing Works, the Cooper Square Committee, and the This Land Is Ours Community Land Trust, the project will yield approximately 131 deeply affordable homes, with 30 percent of the units set aside for formerly homeless New Yorkers. The property is located between First and Second Avenues.

Housing Lottery Launches for 1760 Third Avenue in East Harlem, Manhattan

7:00 am on July 15, 2026 By Vanessa Londono

The affordable housing lottery has launched for 1760 Third Avenue, an 18-story affordable housing conversion building in East Harlem, Manhattan. Designed by Dattner Architects and developed by Breaking Ground, the project involved the conversion of a dormitory for Hunter College and Baruch College into 434 residential units. Available on NYC Housing Connect are 172 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $45,532 to $91,620.

Permits Filed for 2786 Webster Avenue in Fordham, The Bronx

6:30 am on July 15, 2026 By Vanessa Londono

Permits have been filed for an 11-story mixed-use building at 2786 Webster Avenue in Fordham, The Bronx. Located between Bedford Park Boulevard and East Fordham Road, the lot is closest to the Kingsbridge Road subway station, served by the B and D trains. Yonah Grunhut of Grun Group LLC is listed as the owner behind the applications.

498 Columbia Street. Photo by Michael Young.

371-Unit All-Affordable Building Completes Construction at 498 Columbia Street in Red Hook, Brooklyn

8:00 am on July 14, 2026 By Michael Young and Matt Pruznick

Construction is finished on 498 Columbia Street, an eight-story all-affordable residential building in Red Hook, Brooklyn. Designed by Aufgang Architects and developed by Express Builders JB Inc. in partnership with nonprofit service provider Jericho Project, the 85-foot-tall structure spans 275,992 square feet and yields 371 rental units with an average scope of 554 square feet. The project also includes 69,409 square feet of community facility space and a ten-vehicle parking garage.

723 Grand Street. Diagram courtesy of Jersey City Planning Board.

Residential Project Approved for 723 Grand Street in Jersey City, New Jersey

7:30 am on July 14, 2026 By Michael Young and Matt Pruznick

A new six-story mixed-use residential building has been approved for 723 Grand Street in the Bergen-Lafayette neighborhood of Jersey City, New Jersey. Designed by Hampton Hill Architecture and developed under the John 723 LLC, the 35,000-square-foot structure will yield 70 units. The project will also include ground-floor commercial space, an 18-car parking garage with an entrance along Summit Avenue, and stalls for 60 bicycles and two motorcycles. Seven of the apartments will be reserved for affordable housing. The 10,440-square-foot property is alternately addressed as 482 Communipaw Avenue and is bounded by Grand Street, Summit Avenue, and Communipaw Avenue.

Design-Build Team Selected For Renovation Of Hylan Houses In Bushwick, Brooklyn

7:00 am on July 14, 2026 By Max Gillespie

The New York City Public Housing Preservation Trust has executed a contract with Technico Construction Services to plan the modernization of Hylan Houses, a 19-story public housing building in Bushwick, Brooklyn. The contract, which follows the Trust Board’s approval on June 10, marks the first use of the progressive design-build project delivery method at a NYCHA property and encompasses renovations to 209 apartments across the single tower. Hylan Houses is the fourth NYCHA development to vote for the Trust, with residents approving the conversion in April 2025.

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