New York YIMBY

Ten Questions With Robert Gladstone of Madison Equities, Developer of Downtown’s First Residential Supertall Skyscraper, 45 Broad Street

8:00 am on October 8, 2018 By Andrew Nelson

The Gladstone family has a long history of construction in New York, and the family’s current venture, Madison Equities, was founded in the mid-1960’s. Now, Madison is behind what will imminently become the first actual residential supertall below 34th Street in Manhattan, with 45 Broad Street set to rise 1,127 feet to its peak. Last week, Madison Equities’ CEO Robert Gladstone sat down with YIMBY to talk about that project, as well as everything else in the firm’s pipeline for the Five Boroughs.

ARO Launches Leasing At 252 West 53rd Street in Midtown Manhattan

7:30 am on October 8, 2018 By Michael Young

Covered from top to bottom in a sleek facade of curved glass corners, tall windows, and white paneling, ARO is a 738-foot, 62-story residential tower that has risen from the former site of the Roseland Ballroom in Midtown, Manhattan. Located at 242 West 53rd Street between Eighth and Ninth Avenues, the new structure contains nearly 450,000 square feet designed by CetraRuddy Architecture. Algin Management is the developer, and leasing is being led by Triumph Property Group, and has now commenced for the 426 available apartments.

Permits Filed for 100 Lenox Road, Flatbush-Ditmas Park, Brooklyn

7:00 am on October 8, 2018 By Andrew Nelson

Permits have been filed for an eight-story residential building at 100 Lenox Road in Flatbush-Ditmas Park, Brooklyn. The site is four blocks away from the Parkside Avenue subway station, serviced by the Q trains and at the southeast corner of the Prospect Park subway station. Pulse Bedford Development will be responsible for the project.

Construction Wraps on New Two-Family Homes at 710-714 Wortman Avenue, East New York, Brooklyn

6:00 am on October 8, 2018 By Sebastian Morris

Local Developer Samuel Eshaghoff has announced the completion of 710-714 Wortman Avenue in East New York, Brooklyn. The property comes to market as two adjoined two-family homes, for a total of four units.

Crane Assembled for 77 Greenwich Street as The Financial District’s Residential Skyscraper Boom Continues Apace

8:00 am on October 5, 2018 By Michael Young

Progress at 77 Greenwich Street has hit another milestone, with the tower crane now rising on-site. Located in Lower Manhattan between Trinity Place, Greenwich Street, Rector Street, and Edgar Street, the FX Collaborative-designed tower is set to rise 500 feet to its rooftop, and also has an address of 42 Trinity Place. Inside, 90 condominiums will be situated atop a podium containing a grade school and retail space. The 40-story project is being developed by Trinity Place Holdings.

685 1st Avenue, image by Andrew Campbell Nelson

Façade Closing Up, Sales Underway for Solow’s 685 First Avenue in Murray Hill

7:30 am on October 5, 2018 By Andrew Nelson

Back in January of 2017, construction at 685 First Avenue had just reached the fifth floor. In just under two years, the tower and façade have topped out, sales have launched, and completion is expected by the end of the year. Sheldon Solow’s Solow Building Company is developing the 42-story minimalist Murray Hill skyscraper.

Developers Propose Zoning Amendments in the Columbia Street Waterfront District for New Residential Building

7:00 am on October 5, 2018 By Sebastian Morris

A recent zoning amendment proposal for 41 Summit Street could result in the development of a new residential property in a quiet corner of Brooklyn known as the Columbia Street Waterfront District. As one of Brooklyn’s smallest neighborhoods, the area has not witnessed any major new developments compared to the surrounding Carroll Gardens, Red Hook, and Cobble Hill communities.

Permits Filed for 934 East Gun Hill Road, Williamsbridge, The Bronx

6:30 am on October 5, 2018 By Andrew Nelson

Permits have been filed for a seven-story residential building at 934 East Gun Hill Road in Williamsbridge, The Bronx. The site is six blocks away from the Gun Hill Road subway station, serviced by the 2 and 5 trains. Arthur Franciosa of Franciosa Development LLC is listed as behind the application.

Permits Filed for 951 Olmstead Avenue, Unionport, The Bronx

6:00 am on October 5, 2018 By Andrew Nelson

Permits have been filed for a seven-story residential building at 951 Olmstead Avenue in Unionport, The Bronx. The site is fourteen blocks away from the Castle Hill Avenue subway station, serviced by the 6 trains. Matt Roth of the Heights Advisors will be responsible for the development.

Essex Crossing Office, image courtesy Moso Studios

Work Expands Across Essex Crossing’s Multi-Block Scope On The Lower East Side

8:00 am on October 4, 2018 By Andrew Nelson

Right next to the pedestrian walkway entrance for the Williamsburg Bridge, Essex Crossing is already reinventing Manhattan’s Lower East Side. The nine-building development will cost over one billion dollars and create nearly two million square feet across a six-acre area, and the aerial scope of construction is now expanding well beyond the initial first new two structures.

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