420 Kent Avenue

Spitzer Enterprises’ 24-Story Rental Towers Revealed At 420 Kent Avenue, Williamsburg

6:30 am on June 17, 2015 By Reid Wilson

In December 2014, YIMBY reported on filings for mid-rise residential towers at 420 Kent Avenue, in western Williamsburg on the East River, and now The New York Times has renderings of Spitzer Enterprises’ development. The ODA-designed project will include three 24-story towers totaling 856 rental units and a public park. Filings show the buildings will also have retail space, and low-rise warehouse buildings must first be demolished.

242 Broome Street

Excavation Begins On 14-Story, 50-Unit Mixed-Use Building At 242 Broome Street, Lower East Side

6:00 am on June 17, 2015 By Reid Wilson

Earlier this year, YIMBY revealed renderings for the first phase of Essex Crossing, a multi-site mixed-use project on the Lower East Side being developed by L+M Development, Taconic Investment and BFC Partners. Bowery Boogie now reports excavation has begun on the first building, located at 242 Broome Street, where a SHoP-designed 14-story, 55-unit mixed-use building is planned. Splitsville Lanes will occupy the basement, and other retail space is also expected on the ground floor.

Midtown East Rezoning

City Expected To Receive Midtown East Rezoning Recommendations This Summer

4:00 pm on June 16, 2015 By Reid Wilson

A committee assigned to propose changes for Midtown East’s zoning is expected to submit plans with the City by June 30th, hopefully facilitating a rezoning that would be formally crafted by the Department of Planning. The rezoning may give developers a boost in FAR in return for funding transit improvements. Also, developers may be able to transfer air rights from landmarked buildings to other properties within the district as-of-right, according The Wall Street Journal.

Cornell Tech Campus

26-Story Dorm Building Under Construction At Cornell Tech Campus, Roosevelt Island

3:00 pm on June 16, 2015 By Reid Wilson

The 26-story, 350-dorm-unit Passive House building in the works at Cornell Tech Campus, on Roosevelt Island below the 59th Street Bridge, is now under construction, according to The New York Times. The 270,000 square-foot building, designed by Handel Architects, would be the tallest Passive House building in the world upon completion in 2017. Hudson Companies, Cornell Tech and Related Companies are developing, and the entire $2 billion campus should be built out over the next two decades.