Construction Progresses on THE 74 At 201 East 74th Street on Manhattan’s Upper East Side

8:00 am on June 4, 2024 By Michael Young

Construction is continuing on THE 74, a 32-story residential tower at 201 East 74th Street on Manhattan’s Upper East Side. Designed by Pelli Clarke & Partners with SLCE Architects as the architect of record and developed by Elad Group, which purchased the property for $61 million in April 2022, the 420-foot-tall structure will yield 42 condominium units and a collection of residential amenities. Rafael de Cardenas is the interior designer for the amenity spaces and the residences, which are being marketed by Douglas Elliman Development Marketing and will include half-floor two- and three-bedroom units, full-floor four- and five-bedroom homes, a single free-standing townhome, and a duplex penthouse. The property is alternately addressed as 1299 Third Avenue and located on an interior lot facing Third Avenue with two small panhandle extensions to East 74th and East 75th Streets.

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Foundations Underway For 219 Canal Street in Chinatown, Manhattan

7:30 am on June 4, 2024 By Michael Young

Foundation work is progressing at 219 Canal Street, the site of a four-story commercial building in Chinatown, Manhattan. Designed by Chang Hwa Tan of Tan Architect P.C. and developed by 219 Canal Street, LLC, the nearly 43-foot-tall low-rise structure will include a cellar level, almost 3,300 square fete of commercial space, and is located at the corner of Canal and Baxter Streets on a shallow plot.

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Banner photograph from the "Get Stuff Built" homepage, via nyc.gov

New York City Launches ‘Green Fast Track’ To Expedite Housing Development

7:00 am on June 4, 2024 By Max Gillespie

On Monday Mayor Eric Adams and New York City Department of City Planning director and City Planning Commission chair Dan Garodnick announced the launch of “Green Fast Track,” an environmental review process aimed at accelerating the approval process for small- and medium-sized housing projects. The initiative is part of the administration’s “Get Stuff Built” plan, which seeks to cut red tape and streamline processes to increase housing availability.

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One Madison Avenue Wraps Up Construction in Flatiron District, Manhattan

8:00 am on June 3, 2024 By Michael Young

Work is nearing completion on One Madison Avenue, a 27-story commercial building in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation of an existing eight-story structure and the construction of a new 19-story glass-clad addition above the original roof parapet, and will yield 1.4 million square feet of office space and ground-floor retail space. The property occupies a full city block at the southeast corner of Madison Square Park between Madison Avenue, Park Avenue South, East 23rd Street, and East 24th Street.

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