The Toll Brothers’ 30-story condo project at 959 First Avenue is rising fast and starting to get its brick facade. The 90-unit tower launched sales last month, and now YIMBY reader Tectonic has photos of its contextual exterior.
This boxy nine-story apartment building will replace a single-story warehouse at 1127 Willoughby Avenue between Knickerbocker and Wilson Avenues in Bushwick, according to a new building application filed over the weekend.
The Real Deal has the latest on Fortuna Realty Group’s planned 27-story, 180-key boutique hotel to span 25-27 West 38th Street, in Midtown South. Starwood Hotels & Resorts is co-developing with Fortuna, and The Aloft New York Midtown is expected to open for business in October 2017; Nobutaka Ashihara Architects and VLDG are designing. The existing five- and eight-story buildings passed pre-demolition inspection in late April.
The New York Times has revealed full renderings for the planned 38-story, 29-unit condominium tower at 118 East 59th Street, in Midtown East. YIMBY brought you news of the project last fall, which the Chinese firm Euro Properties is developing. Soo K. Chan, of SCDA Architects, is designing the 70,260 square-foot structure and all the condos — starting at 1,400 square feet — will span at least one floor. Demolition of the site’s former four-story buildings is complete and construction begins in June.
Mayor de Blasio unveiled his grand plan to fix 421-a this week, and his proposal requires any developer who wants to take advantage of the property tax exemption to set aside 25 to 30 percent of their units as affordable housing. And the abatement would be extended from 25 to 30 years, in an attempt to make the measure more palatable to developers.
