42-60 Crescent Street

10-Story, 40-Unit Condo Building Wraps Up At 42-60 Crescent Street, Long Island City

In September of 2014, work kicked off at 42-60 Crescent Street, in Long Island City, where Rising Developers Group is building a 10-story, 40-condo-unit residential building, with 2,310 square feet of retail space on the ground floor. Dubbed Factory House, the building topped-out in April. Now façade installation is wrapping up and scaffolding is coming down, The Court Square Blog reports. Alfredo Fredericks is the architect of record, and completion is expected later this year.


2440 Fulton Street

Developer Acquires 2440 Fulton Street, Site With Commercial Potential, Ocean Hill

Abe Leser’s Mapleton Group has acquired the two-story, 115,000 square-foot commercial building at 2440 Fulton Street, in Ocean Hill — within walking distance of Broadway Junction and LIRR’s East New York station — for $33 million. The property has 40,000 square feet of available air rights, but could accommodate a new commercial building of 155,000 square feet if demolished. Plans for the site have not yet been disclosed, according to The Real Deal.


105 Corporate Park Drive

421-Unit Residential Complex Planned At 105 Corporate Park Drive, Harrison, NY

Normandy Real Estate Partners and Toll Brothers are planning to build a six-story, 421-unit residential complex at 103-105 Corporate Park Drive, in Westchester County’s Harrison. The site is located in “the teardrop” — the swath of land flanked by I-684, the Hutch, the CWE and an interchange, which mostly consists of office parks. Activists are currently rallying for the inclusion of affordable units, reports Westfair Communications.