Renderings Revealed For Two-Tower Proposal At 467 Prospect Avenue in South Slope, Brooklyn

New renderings have been revealed for 467 Prospect Avenue, a two-tower residential project in South Slope, Brooklyn. Designed by Gerald J. Caliendo Architects and developed by Apex Development, the project comprises two connected structures standing at least 13 stories and around 135 feet tall, and will yield 244 apartments in studio to three-bedroom layouts with 61 units reserved for households earning 60 percent of the area median income (AMI). The property spans two parcels currently occupied by the Arrow Linen & Uniform Supply Company textile factory between 8th Avenue and Prospect Park West, and will require rezoning for residential use.

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Rendering of 1404 Willow Avenue, via MVMK Architects

1404 Willow Avenue Breaks Ground In Hoboken, New Jersey

Construction has broken ground at 1404 Willow Avenue, the site of an eight-story residential building in Hoboken, New Jersey. Designed by MVMK Architects in collaboration with Living Systems and developed by Advance Realty Investors, the structure will yield 52 rental units in studio to three-bedroom layouts with an average scope of 903 square feet, as well as 6,800 square feet of ground-floor retail space. Five of the units will be reserved for affordable housing. The project is part of Hoboken’s North End Redevelopment Plan and is located at the corner of Willow Avenue and 14th Street.

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New York YIMBY’s Q3 2024 Construction Report Shows Nearly 19,000 Filed Residential and Hotel Units

As temperatures begin to drop, New York City’s construction market shows no signs of cooling down. New York YIMBY’s construction report for the third quarter of 2024, based on permit filings submitted to the Department of Buildings during the three-month period from July through September, shows strong filing activity that indicates momentum is continuing from the preceding quarterly tallies. In the third quarter, New York’s developers filed permits for a total of 1,071 new buildings, measuring a combined 26.8 million square feet with 18,935 residential and hotel units. Below, we break the data down in a series of detailed analyses. A complete data sheet, with detailed information on each proposed development, is available with a subscription to YIMBY’s Building Wire.

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