270 Park Avenue’s Demolition Wrapping Up as New Superstructure Rises in Midtown East, Manhattan

8:00 am on April 19, 2021 By Michael Young

Demolition is nearly complete on the Union Carbide Building, JP Morgan Chase‘s former 52-story, 707-foot-tall headquarters at 270 Park Avenue in Midtown East, while the new steel superstructure for its 2.5 million-square-foot supertall replacement continues to rise on the opposite side of the full-block plot. The new 1,425-foot-tall skyscraper will eventually stand as one of the tallest structures in New York City on a parcel of land bound by Park Avenue to the east, Madison Avenue to the west, East 47th Street to the south, and East 48th Street to the north.

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532 West 20th Street Wraps Up Construction Ahead of Spring Launch in Chelsea, Manhattan

7:30 am on April 19, 2021 By Michael Young

Construction is wrapping up on 532 West 20th Street, an 11-story residential project in Chelsea. Designed and developed by Joe McMillan’s DDG, which purchased the site for $24.25 million in 2014, the 27,019-square-foot building will yield nine full-floor apartments averaging 3,000 square feet apiece, with sales handled by the Shemesh Team at Douglas Elliman. The one-story Anton Kern Gallery formerly occupied the parcel, which is located between Tenth and Eleventh Avenues.

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495 St. Johns Place in Crown Heights, Brooklyn

Housing Lottery Launches for 495 St. Johns Place in Crown Heights, Brooklyn

6:30 am on April 19, 2021 By Vanessa Londono

The affordable housing lottery has launched for 495 St. Johns Place, a seven-story residential building in Crown Heights, Brooklyn. The 23,059-square-foot development was developed by Candor Capital and yields 26 units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $59,795 to $167,570.

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New Renderings Revealed for Era at 251 West 91st Street on Manhattan’s Upper West Side

8:00 am on April 18, 2021 By Michael Young

New renderings have been released for Era, a 20-story residential building at 251 West 91st Street on Manhattan’s Upper West Side. Designed by ODA and developed by Adam America Real Estate and Northlink Capital, the property is located at the corner of West 91st Street and Broadway and will yield 57 units in one- to five-bedroom layouts ranging from 887 square feet to 3,524 square feet. Reuveni Real Estate is leading sales and marketing for the homes, which will cost between $1,625,000 to $11,250,000.

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