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Financing Package Closes For 757 Flatbush Avenue In Flatbush, Brooklyn

7:00 am on June 28, 2026 By Max Gillespie

A $75 million financing package has been secured to support the development of 757 Flatbush Avenue, a forthcoming nine-story condominium building in Flatbush, Brooklyn. The package consists of a $58 million senior loan from Madison Realty Capital and a $17 million mezzanine loan from Naftali Credit Partners. The financing will refinance existing land debt and fund the project’s remaining hard and soft construction costs. Designed by Morali Architects and developed by New Empire, the project will yield 131 condominium residences ranging from studio to three-bedroom units, along with approximately 3,348 square feet of ground-floor commercial space.

Housing Lottery Launches for 1060 Prospect Avenue in Longwood, The Bronx

6:30 am on June 28, 2026 By Vanessa Londono

The affordable housing lottery has launched for 1060 Prospect Avenue, a seven-story residential building in Longwood, The Bronx. Developed by Full Life Gospel Assembly Inc. which partnered with the NYC Department of Housing Preservation and Development, the structure yields 92 residences. Available on NYC Housing Connect are six units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $81,669 to $146,560.

Four-Building 240 Nassau Street Complex to Begin ULURP Process Next Month in Vinegar Hill, Brooklyn

8:00 am on June 27, 2026 By Vanessa Londono

Yesterday the Department of City Planning posted the 30-day Certification Notice for 240 Nassau Street, signaling the ULURP approval process will begin next month for a four-building mixed-use development project by Alloy Development. The project will yield approximately 1,500 rental apartments across three buildings, including 300 affordable homes, as well as a new public school, community facility and cultural centers, retail, and almost an acre of new outdoor space. The property is located between Navy Street and Gold Street.

301 East 71st Street. Designed by SLCE Architects.

Renderings Reveal 30-Story Residential Tower at 301 East 71st Street on Manhattan’s Upper East Side

7:30 am on June 27, 2026 By Michael Young and Matt Pruznick

Renderings have been revealed for 301 East 71st Street, a 30-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 340-foot-tall structure will yield 70 rental units, with 18 designated as affordable housing. The property is located at the northeast corner of Second Avenue and East 71st Street.

11 Hubert Street. Image: SPAN Architecture

LPC to Review Latest Design for 11 Hubert Street Mega-Mansion in Tribeca, Manhattan

7:00 am on June 27, 2026 By Matt Pruznick

The New York City Landmarks Preservation Commission (LPC) is set to review the latest design for a sprawling single-family residential building at 11 Hubert Street in Manhattan’s Tribeca West Historic District. Designed by SPAN Architecture, the project will repurpose the existing three-story commercial structure on site into a private residence, and is the latest iteration in a string of “mega-mansion” proposals for the property, which is located at the southwest corner of Hubert and Collister Streets.

Permits Filed for 2201 University Avenue in University Heights, The Bronx

6:30 am on June 27, 2026 By Vanessa Londono

Permits have been filed for a four-story residential building at 2201 University Avenue in University Heights, The Bronx. Located between West 183rd Street and West 181st Street, the lot is near the 183rd Street subway station, served by the 4 train. Aurel Sterkaj of Gotham Construction Group Inc. is listed as the owner behind the applications.

Two-Tower, 834-Unit Complex ‘The Riverie’ Wraps Up Construction In Greenpoint, Brooklyn

8:00 am on June 26, 2026 By Michael Young and Matt Pruznick

Construction is wrapping up on The Riverie, a two-tower residential complex at 18 India Street along the East River in Greenpoint, Brooklyn. Designed by Marvel Designs and developed and built by Lendlease, the project yields 834 rental units across the two structures, the taller of which will stand 37 stories and 402 feet tall. Aware Super is the joint developer, INC Architecture & Design is the interior designer for the public areas, and Crème is the interior designer for the townhouse units at the complex, which occupies a full block bound by India Street to the north, Java Street to the south, West Street to the east, and the India Street pier over the East River to the west.

Developers Secure Capitalization for 1,100-Unit Building at 175 Third Street in Gowanus, Brooklyn

7:30 am on June 26, 2026 By Max Gillespie

Charney Companies and Tavros Capital have closed on construction capitalization for 175 Third Street, the fifth and largest building in the Gowanus Wharf masterplan in Gowanus, Brooklyn. Designed by Bjarke Ingels Group (BIG), the 27-story structure will span approximately 1.1 million square feet and deliver nearly 1,100 residences, with 25 percent of the apartments designated as permanently affordable. The property is located between 3rd Avenue and the Gowanus Canal.

Housing Lottery Launches for 269 Van Cortlandt Avenue East in Norwood, The Bronx

7:00 am on June 26, 2026 By Vanessa Londono

The affordable housing lottery has launched for 269 Van Cortlandt Avenue East, an eight-story residential building in Norwood, The Bronx. Designed by Nikolai Katz Architect and developed by Shimshon Grunstein of AFS Systems Inc., the structure yields 30 residences. Available on NYC Housing Connect are six units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $75,703 to $168,320.

Permits Filed for 258 East 53rd Street in East Flatbush, Brooklyn

6:30 am on June 26, 2026 By Vanessa Londono

Permits have been filed for a four-story residential building at 258 East 53rd Street in East Flatbush, Brooklyn. Located between Church Avenue and Linden Boulevard, the lot is closest to the Sutter Avenue-Rutland Road subway station, served by the 3 train. Isaac Friedman is listed as the owner behind the applications.

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