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Developer Closes on Site of Forthcoming Residential Project at 242 East 71st Street on Manhattan’s Upper East Side

Avdoo & Partners Development announced the closing of 242 East 71st Street, the site of a forthcoming residential project in the Lenox Hill section of Manhattan’s Upper East Side. The developer secured the assemblage, which consists of four low-rise buildings from 1341-1347 Second Avenue as well as the titular property at 242 East 71st Street, for $52 million with a loan provided by Valley Bank. The nearly 10,000-square-foot lot is located at the corner of Second Avenue and East 71st Street.

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Verdi Square Site, via LPC proposal

LPC To Review Proposal For Renovation Of Verdi Square on Manhattan’s Upper West Side

A proposal to improve accessibility and infrastructure at Verdi Square on Manhattan’s Upper West Side is set to be presented to the Landmarks Preservation Commission (LPC) on February 11. The 0.1-acre park is located on a trapezoidal traffic island bounded by 72nd Street on the south, 73rd Street on the north, Broadway on the west, and Amsterdam Avenue on the east. The project, designed by Cameron Engineering, has a total budget of $873,000 and was funded by the mayor’s office. The primary goals of the project include the installation of an asphalt path to create an accessible route within the square, upgrades to the water service, and the installation of a Reduced Pressure Zone (RPZ) back flow device for improved water management.

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Demolition Prep Begins at 1410-1418 Third Avenue on Manhattan’s Upper East Side

Demolition preparations are underway at 1410-1418 Third Avenue, an assemblage of five low-rise buildings on Manhattan’s Upper East Side. Skyline Developers purchased four adjoining structures along Third Avenue, plus a fifth building on East 80th Street, for $16.6 million from Maria Armendariz in late 2022. The properties permit a total buildable square footage of 100,000 square feet, though it is currently unclear what the developer intends to construct. The 32,050-square-foot property is situated at the corner of Third Avenue and East 80th Street.

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809 Madison Avenue, via Google Maps

Storefront Addition Under Review for 809 Madison Avenue on Manhattan’s Upper East Side

A proposal has been submitted to the New York City Landmarks Preservation Commission (LPC) for street-level modifications at 809 Madison Avenue on Manhattan’s Upper East Side. The proposal, assembled by PKSB Architects, seeks approval for changes to the building’s retail storefronts at its ground level. Requested changes include the addition of a new display window on the East 68th Street façade and updated retail signage on both the Madison Avenue and 68th Street façades.

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132-134 East 64th Street, via Google Maps

Renovation Proposed for 132-134 East 64th Street on Manhattan’s Upper East Side

The New York City Landmarks Preservation Commission (LPC) is set to review a proposal for modifications to 132-134 East 64th Street, two adjacent townhouses on Manhattan’s Upper East Side. Prepared by JPD Engineering, the proposal outlines plans for alterations to the building’s front façade, as well as additions to its rooftop and rear. The property is located between Lexington and Park Avenues.

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