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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.

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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.

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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.

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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.

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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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