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RAMSA’s 255 East 77th Street Rises Steadily on Manhattan’s Upper East Side

8:00 am on December 12, 2024 By Michael Young and Matt Pruznick

At number 20 on our year-end countdown of the tallest buildings under construction in New York is 255 East 77th Street, a 500-foot-tall residential skyscraper in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects with Hill West Architects as the architect of record and developed by Naftali Group, the 36-story structure will span 170,481 square feet and yield 62 condominium units in two- to five-bedrooms layouts, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. The property is alternately addressed as 1481 Second Avenue and located at the corner of Second Avenue and East 77th Street.

Rendering of 41-08 Crescent Street. Credit: Dan Ionescu Architects

Construction Loan Issued For 41-08 Crescent Street In Long Island City, Queens

7:30 am on December 12, 2024 By Max Gillespie and Matt Pruznick

A $70 million construction loan was issued for 41-08 Crescent Street, a 26-story residential building under construction in Long Island City, Queens. Designed by Dan Ionescu Architects and developed by Watermark Capital Group, the 192,000-square-foot structure will yield 184 units in studio to three-bedroom layouts, with 70 percent of the inventory designated for affordable housing under the Affordable NY 421a program, as well as 9,000 square feet of ground-floor retail space and a 41-vehicle parking lot. Slate Property Group and White Oak Real Estate Capital provided the loan for the final stages of construction and lease-up of the project, which is bound by Crescent Street, 41st Avenue, and 24th Street.

Housing Lottery Launches for 827 Sterling Place in Crown Heights, Brooklyn

7:00 am on December 12, 2024 By Vanessa Londono

The affordable housing lottery has launched for 827 Sterling Place, a seven-story residential building in Crown Heights, Brooklyn. Designed by Issac & Stern Architects and developed by Haussmann Development and Kriss Capital, the structure yields 76 residences. Available on NYC Housing Connect are 23 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $108,000 to $218,010.

Housing Permits Filed for 163-25 Archer Avenue in Jamaica, Queens

6:30 am on December 12, 2024 By Vanessa Londono

Permits have been filed for a 22-story mixed-use building at 163-25 Archer Avenue in Jamaica, Queens. Located between 165th Street and Guy R. Brewer Boulevard, the lot is near the 169th Street subway station, served by the E and F trains. Mary Serafy of BRP Development Corp. is listed as the owner behind the applications.

Xadia Hotel’s Glass Façade Begins Installation at 58 West 39th Street in Midtown, Manhattan

8:00 am on December 11, 2024 By Michael Young and Matt Pruznick

The 21st-tallest building on YIMBY’s year-end construction countdown is the Xadia Hotel, a 475-foot-tall hotel tower at 58 West 39th Street in Midtown, Manhattan. Designed by Marin Architects and developed by Wei Hong Hu under the H Hotel LLC, the 42-story structure will yield 173 guest rooms and amenities including a restaurant, an arcade, and a rooftop bar. The project is located on a narrow interior plot between Fifth and Sixth Avenues, one block south of Bryant Park.

New Renderings Revealed For The Met’s $500 Million Expansion on Manhattan’s Upper East Side

7:30 am on December 11, 2024 By Michael Young and Matt Pruznick

The Metropolitan Museum of Art recently released new renderings for the Oscar L. Tang and H.M. Agnes Hsu-Tang Wing, a $500 million expansion of the world-famous institution on Manhattan’s Upper East Side. Designed by Frida Escobedo Studio with Beyer Blinder Belle as the executive architect, the addition will span 126,000 square feet, including 71,000 square feet for The Met’s 20th- and 21st-century art collection, as well as 18,500 square feet of outdoor space. The new structure will rise from within the museum’s existing footprint, replacing the aging 120,000-square-foot wing that currently sits at the southwest corner of the site.

Housing Lottery Launches for AURA at 23-10 42nd Road in Long Island City, Queens

7:00 am on December 11, 2024 By Vanessa Londono

The affordable housing lottery has launched for AURA, a 37-story mixed-use building at 23-02 42nd Road in Long Island City, Queens. Designed by Fogarty Finger and developed by Werwaiss Properties, the structure yields 240 residences. Available on NYC Housing Connect are 72 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $117,360 to $218,010.

Permits Filed for 38-80 11th Street in Long Island City, Queens

6:30 am on December 11, 2024 By Vanessa Londono

Permits have been filed for a six-story homeless shelter at 38-80 11th Street in Long Island City, Queens. Located between 38th Avenues and 40th Avenue, the lot is near the 21 Street-Queensbridge subway station, served by the F train. Matthew Gross of non-profit UBC is listed as the owner behind the applications.

Rolex USA Headquarters Reaches Halfway Mark at 665 Fifth Avenue in Midtown, Manhattan

8:00 am on December 10, 2024 By Michael Young and Matt Pruznick

At number 22 on YIMBY’s countdown of the tallest buildings under construction in New York is 665 Fifth Avenue, a 469-foot-tall office building that will house the US headquarters for Rolex in Midtown, Manhattan. Designed by David Chipperfield Architects with Adamson Associates as the architect of record and developed by the Rolex Realty Company, the 28-story structure will yield 199,000 square feet of office and retail space for the world-famous watchmaker. The ground-up project is located at the corner of Fifth Avenue and East 53rd Street.

New Renderings Revealed for 3085 John F. Kennedy Boulevard in Jersey City, New Jersey

7:30 am on December 10, 2024 By Michael Young and Matt Pruznick

New renderings have been revealed for 3085 John F. Kennedy Boulevard, a two-building residential development in Jersey City, New Jersey. Designed by Hoboken-based MVMK Architecture and developed by Journal Square Estates LLC, the 12-story, 156-foot-tall complex is part of the Journal Square 2060 Redevelopment Plan and will yield 373 apartments in studio- to three-bedroom layouts, as well as 72 enclosed parking spaces, storage for 97 bicycles, and 1,356 square feet of ground-floor retail space. The 29,000-square-foot through-lot property is bound by the Pulaski Skyway to the north, John F. Kennedy Boulevard to the east, and Skillman Avenue to the west.

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