The Benson’s Limestone Façade Nears Pinnacle at 1045 Madison Avenue in Carnegie Hill, Manhattan

8:00 am on May 23, 2021 By Michael Young

Exterior work is shaping up on The Benson, an 18-story condominium building at 1045 Madison Avenue in the Carnegie Hill section of the Upper East Side. Designed by Peter Pennoyer and developed by The Naftali Group, the 210-foot-tall structure will yield 16 residential units spread across 59,032 square feet, for an average of 3,700 square feet apiece, as well as 3,993 square feet of ground-floor retail. There will be three penthouses, and the majority of the homes will be full-floor layouts. The property is located between East 79th and East 80th Streets, a short walk from Central Park.

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109 East 79th Street Tops Out Over Manhattan’s Upper East Side

7:30 am on May 23, 2021 By Michael Young

Construction has topped out on 109 East 79th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Steven Harris Architects and developed by Legion Investment Group, the 210-foot-tall structure will yield 32 condominiums spread across 145,000 square feet. Corcoran Sunshine Marketing Group is handling sales for the two- to five-bedroom residences, which will measure up to over 6,000 square feet. 109 East 79th Street is located between Lexington and Park Avenues, a short walk from Central Park.

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1402 York Avenue on the Upper East Side. All images courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 1402 York Avenue on the Upper East Side

6:30 am on May 23, 2021 By Vanessa Londono

The affordable housing lottery has launched for 1402 York Avenue, an 11-story residential building on the Upper East Side of Manhattan. Designed by Kossar + Garry Architects and developed by Crest Group, the development consists of ten out of 11 homeownership units being sold at below-market rates. Available on NYC Housing Connect are ten units for residents at 63 percent of the area median income (AMI), ranging in eligible income from $43,488 to $60,165.

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Sales Launch for FÖRENA at 540 Sixth Avenue In Chelsea, Manhattan

8:00 am on May 22, 2021 By Michael Young

Sales are now underway at FÖRENA, a 12-story residential building at 540 Sixth Avenue in Chelsea. Designed by Morris Adjmi Architects and developed by Landsea Homes and DNA Development, the structure will yield 50 units spread across 80,000 square feet of residential space. Fredrik Eklund and John Gomes of The Eklund Gomes Team at Douglas Elliman are handling marketing and sales of the one- to three-bedroom units. Prices begin at $1.3 million for homes at the property, located at the corner of West 14th Street and Sixth Avenue.

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