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1026 Third Avenue Nears Topping Out on Manhattan’s Upper East Side

Construction is nearing topping out on 1026 Third Avenue, a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, which purchased the assemblage of three adjacent properties for $34 million in July 2022, the 273-foot-tall structure will span 100,000 square feet and yield 81 rental units with an average scope of 1,200 square feet, as well as ground-floor retail space, a fitness center, and a top-floor banquet space. Third North Holdings LLC is listed the owner of the property, which is located between East 60th and East 61st Streets.

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Façade Work Continues on The Duchess at 300 East 83rd Street on Manhattan’s Upper East Side

Façade installation is continuing on The Duchess, a 22-story residential building at 300 East 83rd Street in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Lalezarian Properties, the 235-foot-tall structure will span 93,682 square feet and yield 70 condominium units with an average scope of 1,305 square feet, as well as cellar level and ground-floor retail space. A portion of the homes will be reserved for affordable housing. The property is alternately addressed as 1594-1598 Second Avenue and located at the corner of East 83rd Street and Second Avenue.

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1487 First Avenue Tops Out Over Manhattan’s Upper East Side

Construction has topped out on 1487 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed and built by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner of the property, which is located at the southwestern corner of First Avenue and East 78th Street.

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Photograph from opening of 126 West 126th Street, courtesy of the New York Foundling & Harlem Supportive Housing

Supportive Housing Complex Completes Construction at 126 West 126th Street In Harlem, Manhattan

The New York Foundling has completed construction on 126 West 126th Street, a 17-story residential tower in Harlem, Manhattan that plans to serve as a new model for helping youth transitioning out of foster care and the shelter system. The project was developed in collaboration between BRP Companies, L+M Development Partners, Taconic Partners, and The Prusik Group. Financing came from New York State, Goldman Sachs, Santander Bank, and Redstone Equity Partners.
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