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Photograph of Marq Teaneck. Credit: CoStar Group, Inc.

First Phase Of Marq Teaneck Completes Construction In Teaneck, New Jersey

Malas Development has completed the first phase of construction for The Marq Teaneck, a rental community located at 329 Alfred Avenue in Teaneck, New Jersey. A ribbon-cutting ceremony was held to commemorate the launch, with Teaneck mayor Mark Schwartz and other community leaders in attendance. Designed by CPA Architecture, the six-story building yields 256 residences, including 38 affordable housing units. Its second phase is set to begin construction in early May, and will add 248 additional units at 359 Alfred Avenue.

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Housing Lottery Launches for 1026 Third Avenue on the Upper East Side of Manhattan

The affordable housing lottery has launched for 1026 Third Avenue, a 24-story residential building on Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, the structure yields 81 residences. Available on NYC Housing Connect are 27 units for residents at 40 to 130 percent of the area median income (AMI), ranging in eligible income from $38,572 to $218,010.

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Façade Work Progresses on 350 East 18th Street in Gramercy, Manhattan

Construction is progressing on 350 East 18th Street, a 13-story residential building in Gramercy, Manhattan. Designed by ARC Architecture + Design Studio and developed by Minrav Development, the 124-foot-tall structure will span 63,720 square feet and yield 40 condominium units with an average scope of 1,200 square feet. The building will also contain 6,970 square feet of ground-floor retail space. The property is alternately addressed as 305 First Avenue and located at the corner of East 18th Street and First Avenue, directly across from Stuyvesant Town.

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Rendering of 655 Union Street. Credit: Gustavo Coutinho from The Couthouse

New York Kids Club Signs Lease for Flagship Location At 655 Union Street In Gowanus, Brooklyn

NY Kids Club has signed a lease for 3,700 square feet of retail space at 655 Union Street, a mixed-use building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 13-story building yields 193 units and 14,800 square feet of retail space, the latter of which is now more than 50 percent leased. NY Kids Club’s new flagship location will open in September 2025.

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