The current crop of skyscrapers under construction in Manhattan extend from the upper reaches of the Upper East Side all the way down to the tip of the Financial District, and in the very middle lies 45 East 22nd Street, just to the west of Park Avenue South.
On the corner of 21st Street and 31st Avenue in Astoria, a vacant lot at 21-03 31st Avenue may sprout a six-story apartment building, after Brownstoner reported that it sold for $2,600,000 last September.
The development site spanning 92-94 Fulton Street, in the Financial District, has again traded hands, this time with The Lightstone Group acquiring the properties for $23.25 million. The previous owner, Fisher Brothers, paid $10 million for the site in June 2014 and had filed applications for a 16-story residential building. Lightstone’s plans have yet to be disclosed, but previous proposals revealed by YIMBY show the site’s significant potential.
Excavation is underway for Two Trees’ 16-story, 522-unit building at 317-329 Kent Avenue in Williamsburg. The building will total 382,750 square feet, and 9,370 square feet will be set aside for retail space. It’s the first phase of the Domino Redevelopment project, and completion of the first building is expected in 2017, reports Brownstoner. SHoP is designing, and 105 units will be set aside as affordable housing.
Plans for protecting Manhattan against floods are inching forward. Curbed reports the first phase of the Dryline, a landscaped park area along the waterfront stretching from West 23rd Street (in West Chelsea) to Montgomery Street (on the Lower East Side), are in the surveying phase. The Dryline would eventually continue into Midtown on both sides and is estimated to cost $1 billion.