Foundations Underway at 300 East 50th Street in Midtown East, Manhattan

8:00 am on January 30, 2024 By Michael Young and Matt Pruznick

Foundations are underway at 300 East 50th Street, the site of a 23-story residential building in the Turtle Bay section of Midtown East, Manhattan. Designed by BKSK Architects and developed by MAG Partners in collaboration with Global Holdings, KRW Realty Advisors, Krown Point, and Safanad, the 275-foot-tall structure will span 170,000 square feet and yield 194 units, with 30 percent allocated to affordable housing, as well as ground-floor retail space, a cellar level, and a 30-foot-long side yard. 300 East 50th Street Owner LLC is listed as the owner and Urban Atelier Group is the general contractor for the property, which is located at the intersection of Second Avenue and East 50th Street.

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Demolition Wraps Up At 540 Third Avenue in Murray Hill, Manhattan

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

Demolition is finishing up at 540 Third Avenue, the site of a 22-story residential building in Murray Hill, Manhattan. Designed by Ismael Leyva Architects and developed by Robert Gilardian of Gilar Realty, the 235-foot-tall structure will span roughly 109,000 square feet and yield 160 rental units with an average scope of 625 square feet, as well as 3,747 square feet of ground-floor commercial space and a cellar level. Third Avenue Pavilions Residences is listed as the owner and Celtic Services NYC Inc. is the demolition contractor for the property, which is alternately addressed as 162 East 36th Street and located at the corner of Third Avenue and East 36th Street.

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Affordable Housing Lottery Launches for Senior Housing at 132-77 Metropolitan Avenue in Kew Gardens, Queens

6:30 am on January 30, 2024 By Vanessa Londono

The affordable housing lottery has launched for The Metropolitan Senior Apartments, an eight-story mixed-use building at 132-77 Metropolitan Avenue in Kew Gardens, Queens. Designed by Angelo Ng + Anthony Ng Architects and developed by Steven Li, the structure yields 40 residences. Available on NYC Housing Connect are 13 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $55,578 to $122,000.

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64 University Place’s Brick Façade Progresses in Greenwich Village, Manhattan

8:00 am on January 29, 2024 By Michael Young

Façade work is progressing on 64 University Place, an 11-story residential building in Greenwich Village, Manhattan. Designed by Kohn Pedersen Fox and developed by Argo Real Estate and Bsafal, the 125-foot-tall structure will span 63,000 square feet and yield 28 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the The Eklund ǀ Gomes Team at Douglas Elliman Real Estate, as well as a community facility and ground-floor retail space. SPACE Copenhagen is the interior designer, Deborah Nevins is the landscape designer, and CNY Group is the general contractor for the property, which is located between East 10th and East 11th Streets.

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