Back in November of 2015, YIMBY reported on applications for an 18-story, 133-unit residential project at 122 East 23rd Street (a.k.a. 121 East 22nd Street), in Gramercy. Now, the developer has filed plans with the Attorney General’s office, estimating the value of the project’s condominiums to be $503.5 million, according to The Real Deal. The 275,387-square-foot complex will have two components. A main 18-story tower will be located on the corner of East 23rd Street and Lexington Avenue, while a connected 13-story wing will front East 22nd Street. The buildings will be connected up to the ground floor, where 12,125 square feet of retail space, divided between four retail condos, will also be located.
It was over a year ago YIMBY last checked in on the mixed-use project under construction at 626 Flatbush Avenue, between Fenimore Street and Hawthorne Street in Brooklyn’s Prospect Lefferts Gardens neighborhood. At that time, the 23-story building had just topped out. Now, as seen in photos sent to us by our friend Tectonic, exterior work on the Marvel Architects-designed building is very close to done.
The stretch of western Astoria that runs next to Hallets Point and south of Astoria Park hasn’t seen much new residential construction, but the development tide has begun to turn in the solidly middle-class neighborhood. A six-story building is coming to 8-29 Astoria Boulevard, mid-block between 8th and 12th streets.
Back in 2003, Sal Faraone helped open the Brooklyn Motor Inn on Hamilton Avenue in industrial Red Hook, above an entrance to the Brooklyn-Battery Tunnel. “‘People come in and say, ‘Is it dangerous, this neighborhood?'” he told the Times. “They don’t know it’s up and coming.” Now Faraone hopes to build another hotel in a forlorn industrial area. He’s filed plans for a four-story inn at 110 South Bridge Street in Richmond Valley, Staten Island.
In April, YIMBY reported on applications for an 11-story, 11-unit residential building at 1402 York Avenue, located between East 74th and 75th streets on the Upper East Side. Now, a rendering has been revealed of the project, via DNAinfo. The units, averaging a spacious 1,926 square feet apiece, surprisingly won’t be condominiums, at least in the beginning. The full-floor rental apartments will be known as “homeownership” units, which means tenants can put their rent payments towards buying their home. Of the 11 residential units, 10 of them will begin by renting at below market-rates. Crest Group is the developer, with Kossar + Garry Architects behind the design.