Full demo permits have been filed for three one-story structures at 2686-2690 Broadway on Manhattan’s Upper West Side. Located at the intersection of West 103rd Street and Broadway, the buildings once housed the Marrakech Hotel, which was partially demolished after the previous owner was fined for illegally converting residential units into hotel rooms. Toll Brothers is listed as the owner of the site under the 2686-2690 Broadway LLC, after purchasing the property in 2019 for $44 million.
Construction is closing in on topping out at 450 Eleventh Avenue, a 642-foot-tall Aloft Hotel in Hudson Yards. Designed by DSM Design Group and developed by Marx Development Group, the 51-story skyscraper will yield 379 rooms as well as a business center, a ballroom, and a fourth-floor restaurant and bar with an outdoor terrace. The Midtown property is located at the corner of West 37th Street and Eleventh Avenue, directly across from the Jacob K. Javits Center, and is expected to cost around $368 million.
Brooklyn Borough President Eric Adams rejected proposals to rezone a large assemblage of lots that would have supported a new 18-story mixed-use property in Prospect Heights. The proposed development site is located at 840 Atlantic Avenue and was projected to yield 300 rental apartments including up to 95 affordable housing units, 51,000 square feet of lower-level retail, and a 7,490-square-foot dance studio.
Permits have been filed for an 11-story mixed-use building at 487 4th Avenue in Park Slope, Brooklyn. Located at the intersection of 12th Street and 4th Avenue, the corner lot is a short walk to the 4th Avenue-9th Street subway station, serviced by the F, G, and R trains. Procida Companies under the 487 4th Avenue Managers LLC is listed as the owner behind the applications.
Today’s housing lottery round-up features two buildings in Crown Heights, Brooklyn and Mount Eden, The Bronx with available affordable units on Housing Connect with deadlines closing within the next seven days.