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Office for New York City Department of Housing Preservation and Development, via nyc.gov

NYC Re-Launches J-51 Tax Abatement Program To Support Building Rehabilitation

New York City has officially relaunched its J-51 tax abatement program, now rebranded as J-51 R, to support the rehabilitation and sustainability of rent-regulated, cooperative, and condominium buildings. The New York City Department of Housing Preservation and Development (HPD) has opened applications for the newly reformed program, with a three-month window for building owners to apply. This initiative is aimed at preserving affordable housing while facilitating compliance with the city’s climate mandates.

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THE 74’s Cladding Continues Installation at 201 East 74th Street on Manhattan’s Upper East Side

Façade installation is continuing on THE 74, a 32-story residential tower at 201 East 74th Street on Manhattan’s Upper East Side. Designed by Pelli Clarke & Partners with SLCE Architects as the architect of record and developed by Elad Group, which purchased the property for $61 million in April 2022, the 420-foot-tall structure will yield 41 condominium units and a collection of amenities. Apartments will include half-floor two- and three-bedroom units, full-floor four- and five-bedroom homes, a single free-standing townhome, and a duplex penthouse. The property is alternately addressed as 1299 Third Avenue and located on an interior lot facing Third Avenue with two small panhandle extensions to East 74th and 75th Streets.

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Construction Wraps Up on 75 South 8th Street in Williamsburg, Brooklyn

Work is coming to close on 75 South 8th Street, a five-story mixed-use building in Williamsburg, Brooklyn. Designed by Julien Flander and developed by David Weiss under the 6977 South 8th Street LLC, the structure yields ten units with an average scope of 1,600 square feet, as well as a 7,500-square-foot community facility. The project is situated on an interior lot between Berry Street and Wythe Avenue.

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Rendering of proposed changes to 39 Sidney Place, via LPC proposal

LPC Set To Review Proposal For 39 Sidney Place In Brooklyn Heights, Brooklyn

New York City’s Landmarks Preservation Commission (LPC) is set to review a proposal for modifications to 39 Sidney Place in Brooklyn Heights, Brooklyn on March 4. The application, assembled by Tom Kowalski Architect Studio PC on behalf of owner 139 Sidney LLC, seeks approval for several exterior modifications to the historic building, which was originally built in 1846.

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