New York YIMBY

Excavation Underway At 184-192 Bedford Avenue in Williamsburg, Brooklyn

7:30 am on March 5, 2024 By Michael Young and Matt Pruznick

Excavation is underway at 184-192 Bedford Avenue, the site of a two-story commercial building in Williamsburg, Brooklyn. Designed by Building Studio Architects as the architect of record and developed by L3 Capital, which acquired the property from RedSky Capital in 2020, the 30-foot-tall structure will yield 24,000 square feet as either a single-tenant retail flagship or a multi-tenant mixed-use property. RS JZ Bedford-N 6th, LLC is listed as the owner and McGowan Builders is the general contractor for the project, which is located on an interior lot between North 6th and North 7th Streets.

The Yellowstone, courtesy of Aufgang Architects

Developers Secure Refinancing for The Yellowstone at 69-65 Yellowstone Boulevard in Forest Hills, Queens

7:00 am on March 5, 2024 By Max Gillespie

Slate Property Group, in collaboration with Grobman Gross Properties, has finalized a $97 million refinancing deal for The Yellowstone, a recently completed 11-story residential building at 69-65 Yellowstone Boulevard in Forest Hills, Queens. The refinancing, which will be provided by Apollo Global Real Estate Management L.P., will be used to settle the building’s existing debts and support its financial structure.

Housing Lottery Launches for 26-36 4th Street in Astoria, Queens

6:30 am on March 5, 2024 By Vanessa Londono

The affordable housing lottery has launched for 26-36 4th Street, a six-story mixed-use building in Astoria, Queens. Designed by Gerald Caliendo and developed by Dr. Baldhevai Patel, the structure yields 10 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $87,429 to $165,230.

The Brook Approaches Halfway Mark At 589 Fulton Street in Downtown Brooklyn

8:00 am on March 4, 2024 By Michael Young and Matt Pruznick

Construction is nearing the halfway mark on The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 575-foot-tall structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, with 30 percent of the inventory reserved for affordable housing, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the project, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

Foundations Progress at 288 4th Avenue in Gowanus, Brooklyn

7:30 am on March 4, 2024 By Michael Young and Matt Pruznick

Foundations are steadily progressing at 288 4th Avenue, the site of a 14-story mixed-use building in Gowanus, Brooklyn. Designed by Fischer Makooi Architect and developed by Joseph Vogel, the 146-foot-tall structure will yield 66 rental units, a cellar level, 4,309 square feet of ground-floor commercial space, a public outdoor terrace, and a second-floor recreational area. Crown 286 4th Avenue is listed as the owner and B Contractors Group LLC is the general contractor for the property, which is located on an interior lot between 1st and Carroll Streets.

New York Life Insurance Company Building, via LPC proposal

LPC To Review Proposal For New York Life Insurance Company Building In Tribeca, Manhattan

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

The New York Landmark Preservation Commission is set to review a proposal for renovations to the New York Life Insurance Company Building at 108 Leonard Street in Tribeca, Manhattan. Designed by VIQ Architecture, the plans involve modifications to the Jack Shainman Gallery, which occupies the first three floors of the 13-story primarily residential building. The property was formally known as 346 Broadway and is alternately addressed as 46 Lafayette Street, where the entrance to the gallery is located.

Permits Filed for 557 3rd Avenue in Gowanus, Brooklyn

6:30 am on March 4, 2024 By Vanessa Londono

Permits have been filed for a six-story residential building at 557 3rd Avenue in Gowanus, Brooklyn. Located between 14th and 15th Streets, the lot is near the Prospect Avenue subway station, serviced by the R train. Michael Khoo of MK Improvement Group is listed as the owner behind the applications.

1 Park Point Nears Completion In Windsor Terrace, Brooklyn

8:00 am on March 3, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 1 Park Point, a 13-story residential building in Windsor Terrace, Brooklyn. Designed by FXCollaborative and developed by JEMB Realty, the 145-foot-tall structure will span 395,726 square feet and yield 375 rental units with an average scope of 798 square feet, 25 percent of which will be dedicated to affordable housing, as well as 5,388 square feet of retail space, 18,850 square feet of community space, a cellar level, and 106 enclosed parking spaces. INC Architecture & Design is the interior designer and Pavarini McGovern is the general contractor for the property, which was formerly addressed as 11 Ocean Parkway and is located on Machate Circle at the southwestern corner of Prospect Park, bound by Ocean Parkway, Coney Island Avenue, and Caton Place.

538-542 West 29th Street Prepares For Demolition in West Chelsea, Manhattan

7:30 am on March 3, 2024 By Michael Young

Demolition preparations are underway at 538-542 West 29th Street, the site of an art-inspired mixed-use hotel and condominium building in West Chelsea, Manhattan. Designed in collaboration between Jeffrey Cole Architects and AA Studio and developed by hospitality group PPHE Hotel Group and Largo Investments, which acquired the property for $42 million, the 74,000-square-foot structure is planned to yield 98 guest rooms and 55 residences. W29 Owner LLC is listed as the owner and Northeast Specialist Group LLC is the contractor for the project, which is located between Ninth and Tenth Avenues.

Aerial view of City Square, courtesy of Ginsburg Development

50 Main Street At City Square Welcomes Nine New Tenants In White Plains

7:00 am on March 3, 2024 By Max Gillespie

Ginsburg Development Corporation and RM Friedland have announced nine new leases at 50 Main Street, a 15-story Class A office building at City Square in White Plains. 50 Main Street is one of two buildings within the broader City Square complex, which features amenities including a two-acre private park and fitness center.

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