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Demolition Prep Underway for 1,220-Foot Supertall at 625 Madison Avenue in Midtown East, Manhattan

8:00 am on December 30, 2024 By Michael Young and Matt Pruznick

At number two on our year-end countdown of the tallest construction projects in New York is 625 Madison Avenue, a planned 1,220-foot residential supertall skyscraper in Midtown East, Manhattan. Designed by SLCE Architects and developed by Related Companies under the 625 Mad Realty LLC, the 68-story structure is slated to yield 101 condominium units with an average scope of 4,918 square feet, as well as retail space on the first two levels, a fourth-floor restaurant and private dining area, and a suite of amenities. The multi-billion-dollar project will rise along Madison Avenue between East 58th and 59th Streets. Ancora Engineering + Architecture is in charge of the demolition process.

Architectural Drawing Revealed for 14-16 Gay Street in West Village, Manhattan

7:30 am on December 30, 2024 By Michael Young and Matt Pruznick

The first architectural diagram has been revealed for 14-16 Gay Street, a combination of two landmarked three-story residential buildings in Manhattan’s Greenwich Village Historic District. Developed by Nazarian Property Group under the Gay Street Revival Initiative 1 LLC, the project involves the reconstruction of 14 Gay Street, which was ordered to be demolished last year following unauthorized modifications that compromised its structural integrity, as well as its unification with the neighboring 16 Gay Street into a single residential building. The developer purchased both properties along with three other nearby buildings for around $12 million in April 2022, and intends to rebuild 14 Gay Street using the original construction materials from the demolished 197-year-old structure. The site is located between Waverly Place and Christopher Street.

Photograph of Frederick Douglass Memorial Park, via nyc.gov

LPC Releases List of Achievements from 2024

7:00 am on December 30, 2024 By Max Gillespie

The Landmarks Preservation Commission (LPC) recently released a list of its key achievements from 2024, focusing specifically on accomplishments that advanced equity and inclusion, improved agency efficiency, and addressed climate resilience. As part of its Equity Framework, the LPC prioritized designations that reflect New York City’s diverse history, including landmarks tied to Black history such as Manhattan’s Jacob Day Residence and Staten Island’s Frederick Douglass Memorial Park. Additionally, the organization designated the Willoughby-Hart Historic District in Bedford-Stuyvesant and several new sites in The Bronx.

Permits Filed for 3743 White Plains Road in Williamsbridge, The Bronx

6:30 am on December 30, 2024 By Vanessa Londono

Permits have been filed for an eight-story residential building at 3743 White Plains Road in Williamsbridge, The Bronx. Located between East 216th Street and East 219th Street, the lot is steps from the 219th Street subway station, served by the 2 and 5 trains. Shimon Greenfeld of SCG Capital LLC is listed as the owner behind the applications.

Podium Work Continues on The Brooklyn Tower at 9 DeKalb Avenue in Downtown Brooklyn

8:00 am on December 29, 2024 By Michael Young and Matt Pruznick

At number three on our annual countdown of the tallest buildings under construction in New York is The Brooklyn Tower, a 1,066-foot residential supertall skyscraper 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by Silverstein Properties, which took over from JDS Development, the 93-story structure stands as the tallest structure in the outer boroughs and yields 550 residential units including 150 condominiums, 280 market-rate rentals, 120 affordable rentals, and 100,000 square feet of retail space in the podium and the adjoining landmarked Dime Savings Bank of Brooklyn. The property is alternately addressed as 55 Fleet Street and bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.

New Renderings Revealed For 147-27 Archer Avenue in Jamaica, Queens

7:30 am on December 29, 2024 By Michael Young and Matt Pruznick

New renderings have been released for 147-27 Archer Avenue, a proposed 20-story mixed-use building in Jamaica, Queens. Designed by IMC Architecture and developed by Meyer Chetrit of The Chetrit Group, the 231-foot-tall structure will span 274,837 square feet and yield 359 rental units with an average scope of 653 square feet, as well as 23,108 square feet of commercial space, 17,194 square feet of community facility space, a cellar level, and 219 enclosed parking spaces. The residential program is set to include 119 income-restricted units. The 23,000-square-foot property is located between 147th and 148th Streets.

Permits Filed for 25-08 43rd Avenue in Astoria, Queens

7:00 am on December 29, 2024 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 25-08 43rd Avenue in Astoria, Queens. Located between Hunter Street and Crescent Street, the lot is three blocks from the Queensboro Plaza subway station, served by the 7, N, and W trains. Yong Chen of Central Realty LIC LLC is listed as the owner behind the applications.

Photograph of Triangle Plaza Hub, courtesy of Simone Development Companies

New Tenant Joins Triangle Plaza Hub At 459 East 149th Street In Mott Haven, The Bronx

6:30 am on December 29, 2024 By Max Gillespie

Triangle Plaza Hub, located at 459 East 149th Street in the Bronx’s Mott Haven neighborhood, recently welcomed a new tenant, Halo Health Pharmacy, which has signed a long-term lease for 1,522 square feet of retail space in the building. Originally designed by Perkins Eastman Architects DPC, the 50,000-square-foot, two-story commercial building is currently owned by Simone Development Companies.

KPF’s 520 Fifth Avenue Reaches 1,002-Foot Pinnacle in Midtown, Manhattan

8:00 am on December 28, 2024 By Michael Young and Matt Pruznick

At number four on YIMBY’s annual countdown of the tallest construction projects in New York is 520 Fifth Avenue, a 1,002-foot mixed-use supertall skyscraper in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, the 88-story structure will span 415,000 square feet and yield 100 condominium units, a residents-only amenity floor on level 88, 25 boutique office floors, a private members-only club called Moss, and four cellar levels. The property is located at the corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Photograph of Governor Hochul, via governor.ny.gov

$51 Million In Affordable Housing Grants Announced To Support Ownership For 1,060 Households Across New York State

7:30 am on December 28, 2024 By Max Gillespie

Governor Kathy Hochul has announced $51 million in grants to support affordable homeownership for 1,060 households across New York State. Administered by New York State Homes and Community Renewal’s Office of Community Renewal, the funds will assist low- and moderate-income families with home repairs, accessibility modifications, safety upgrades, replacement of manufactured homes, and down payment assistance for first-time buyers. This initiative aligns with Governor Hochul’s $25 billion comprehensive Housing Plan, which aims to create and preserve 100,000 affordable homes statewide.

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