Demolition Finishes at 620 Twelfth Avenue in Hell’s Kitchen, Manhattan

7:30 am on December 31, 2023 By Michael Young and Matt Pruznick

Demolition has concluded at 620 Twelfth Avenue, the site of a six-story storage and office facility in Hells Kitchen. Owned by Edison Properties and leased to Verizon Communications for $50 million, the structure will span 269,000 square feet and include a cellar level, which may feature on-site parking for the network operator. Nordest Services served as the demolition contractor for the property, which is alternately addressed as 648 West 48th Street and is bound by West 47th and West 48th Streets and the Hudson River Greenway.

Read More
Render of Winchester Green, courtesy of LMXD

Winchester Green Breaks Ground at 315 Winchester Avenue in New Haven, Connecticut

7:00 am on December 31, 2023 By Max Gillespie

Winchester Partners, a collaboration between Twining Properties and LMXD, has announced the commencement of construction for Winchester Green, a two-tower development at 315 Winchester Avenue in New Haven‘s Science Park. The $90 million project aims to turn an underutilized parking lot into a mixed-use and mixed-income community space, expected to open in early 2026.

Read More

Permits Filed for 1406 Lincoln Place in Crown Heights, Brooklyn

6:30 am on December 31, 2023 By Vanessa Londono

Permits have been filed to expand a two-story structure into a five-story residential building at 1406 Lincoln Place in Crown Heights, Brooklyn. Located between Utica Avenue and Rochester Avenue, the lot is near the Crown Heights-Utica Avenue subway station, serviced by the 2, 3, and 4 trains. Benzion Weiss of Lincoln Place Realty Holdings LLC is listed as the owner behind the applications.

Read More

Foundation Work Progresses for 740 Eighth Avenue in Midtown, Manhattan

8:00 am on December 30, 2023 By Michael Young and Matt Pruznick

At number two on our year-end countdown of the tallest buildings under construction in New York is 740 Eighth Avenue, a 1,067-foot mixed-use supertall skyscraper in Midtown, Manhattan. Designed by ODA with SLCE Architects as the architect of record and developed by Extell, the 52-story structure will span 776,000 square feet with an 825-room hotel on the lower half and a public observatory with a drop ride attraction above. The property will also feature lower-level retail space, a restaurant on two of the upper floors, and a pool deck for hotel guests. Lendlease is the general contractor, WSP is the structural engineer, and Ancora Engineering is handling excavation and foundations for the project, which is located along Eighth Avenue between West 45th and 46th Streets on the border of Times Square and Hell’s Kitchen.

Read More
Render of Utica Crescent Apartments, by Bernheimer Architecture

Developers Secure $256 Million for Utica Crescent Affordable Apartments In East Flatbush, Brooklyn

7:30 am on December 30, 2023 By Max Gillespie

Monadnock Development, CB Emmanuel Realty, and Equity Developers have announced the closing of a $256 million financing deal for the Utica Crescent Apartments project in East Flatbush, Brooklyn. This development, part of New York State’s Division of Housing and Community Renewal Vital Brooklyn Initiative, is set to transform an underutilized parking lot at 832 Rutland Road into a hub that offers affordable housing and commercial spaces and community spaces.

Read More