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.
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.
The affordable housing lottery has launched for 649 Hart Street, five-story mixed-use building in Bushwick, Brooklyn. Designed by S. Wieder Architect and developed by LW Developers, the structure yields 42 residences. Available on NYC Housing Connect are 12 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $105,223 to $218,010.
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.
Construction is finishing up on 5-22 49th Avenue, a five-story residential building in the Hunters Point section of Long Island City, Queens. Designed by Issac & Stern Architects and developed by Amir Zicherman of Oren & Ivy LLC, the 50-foot-tall structure spans 9,984 square feet and will yield 15 rental units with an average scope of 665 square feet, as well as a 30-foot-long rear yard and six enclosed parking spaces. The property is located on a rectangular interior lot between Vernon Boulevard to the east and 5th Street to the west.
