New York YIMBY

Excavation Underway at 241 West 28th Street in Chelsea, Manhattan

7:00 am on January 19, 2021 By Michael Young

Excavation has begun at 241 West 28th Street, the site of a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development is progressing due to $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the property, which is located between Seventh and Eighth Avenues, in December 2018 and established a 99-year ground lease with Edison Properties. Thirty percent of the residential units will be reserved for low- and middle-income households.

Housing Lottery Launches for 2741 and 2746 Fulton Street in Cypress Hills, Brooklyn

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

The affordable housing lottery is open for Fulton Street Apartments, two four-story mixed-use buildings developed by Aron Schwartz in Cypress Hills, Brooklyn. 2741 Fulton Street is designed by Diego Aguilera Architects. The ten-unit building will yield 11,233 square feet with three units designated as affordable housing. Available on NYC Housing Connect is a one-bedroom and two two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $66,858 to $159,640. 2746 Fulton Street is designed by Studio Gallos. The nine-unit building will yield 9,409 square feet with one unit designated as affordable housing. Available on NYC Housing Connect is one two-bedroom units for residents at 130 percent of the area median income, ranging in eligible income from $82,286 to $159,640.

Renderings Revealed for Pi Capital Partners’ 335 Fifth Avenue in NoMad, Manhattan

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

YIMBY has exclusive new renderings for an upcoming 21-story mixed-use project at 335 Fifth Avenue in the Midtown, Manhattan neighborhood of NoMad. Designed by Raymond Chan Architect PC and developed by James and Jerry Pi of Pi Capital Partners, the 72,000-square-foot building will yield 83 rental apartments above 10,000 square feet of commercial retail space, with the latter component spanning three stories at the base. The corner site is located at the intersection of Fifth Avenue and East 33rd Street, directly to the east of the Empire State Building.

Façade Work Wraps Up at 113 West 24th Street in Chelsea, Manhattan

7:30 am on January 18, 2021 By Michael Young

Façade work is wrapping up on 113 West 24th Street, a 39-story Marriott hotel in Chelsea. Designed by Stonehill Taylor and developed by Lam Generation, the 420-foot-tall tower sits between Sixth and Seventh Avenues and is planned to yield 360 rooms averaging around 380 square feet apiece.

Rendering of 26-04 Jackson Avenue - Input Creative Studio

Renderings Reveal 13-Story Building at 26-04 Jackson Avenue in Long Island City, Queens

7:00 am on January 18, 2021 By Sebastian Morris

The J Associates have revealed the first architectural renderings of a new 13-story mixed-use building in Long Island City. The property will take shape at 26-04 Jackson Avenue and will replace a three-story building with ground-floor commercial space and two floors of apartments.

Housing Lottery Launches for 508 West 134th Street HDFC Co-Ops in Manhattan’s West Harlem

6:30 am on January 18, 2021 By Vanessa Londono

The affordable housing lottery is open for 508 West 134th Street, a five-story residential development in West Harlem, Manhattan. The 15-unit building will yield 13,765 square feet. Available on NYC Housing Connect are four units for sale for residents at 110 percent of the area median income, ranging in eligible income from $61,000 to $155,100.

One Madison Avenue’s Renovation and Expansion Project Ramps Up in the Flatiron District, Manhattan

8:00 am on January 17, 2021 By Michael Young

Construction activity is underway at One Madison Avenue in the Flatiron District, where the 13-story full-block structure is being renovated and expanded with a new 18-story addition. Designed by Kohn Pedersen Fox and developed by SL Green, the project will stand 27 stories and yield 1.4 million square feet of Class A office space. Helping to develop and finance One Madison Avenue’s future are the National Pension Service of Korea and Hines, contributing a grand total of $1.25 billion in construction financing. The property is bound by East 23rd Street to the south, Madison Avenue and Madison Square Park to the west, East 24th Street to the north, and Park Avenue South to the east.

2551 Broadway Continues Vertical Ascent on Manhattan’s Upper West Side

7:30 am on January 17, 2021 By Michael Young

Construction is rising at 2551-2555 Broadway, a 22-story residential project on Manhattan’s Upper West Side. Located at the corner of Broadway and West 96th Street, the 276,578-square-foot structure is designed by Stephen B. Jacobs Group and is being developed by Extell, which purchased the property for $80 million in a sale facilitated by Eastern Consolidated. The building will yield 215,866 square feet of residential space with 130 units, likely condominiums with an average scope of 1,660 square feet, as well as 9,080 square feet of commercial space.

Revised rendering of 827-831 Broadway - DXA Studio

LPC to Review Updated Renderings for Expansion at 827-831 Broadway in Lower Manhattan

7:00 am on January 17, 2021 By Sebastian Morris

DXA Studio will again appear before the Landmarks Preservation Commission (LPC) with updated plans to renovate and expand a landmarked warehouse building near Union Square. The property is located at 827-831 Broadway and was formerly the home of artists Willem and Elaine de Kooning.

Affordable Senior Housing Coming to 31-07 31st Street in Astoria, Queens

6:30 am on January 17, 2021 By Vanessa Londono

A new mixed-use development with 100 percent affordable senior housing will be built at 31-07 31st Street in Astoria, Queens. Development team HANAC and Mega Development were chosen by the city’s Department of Housing Preservation and Development to bring 135 affordable senior homes, a community center, and commercial space to the city-owned site. The proposal is part of HPD’s Seniors First initiative, with a goal to serve 30,000 senior households by 2026.

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