New York YIMBY

Steelwork Begins on Fourth Tier of JPMorgan Chase’s Supertall Headquarters at 270 Park Avenue in Midtown East, Manhattan

8:00 am on September 20, 2023 By Michael Young and Matt Pruznick

Construction and steelwork has begun on the fourth tier of JPMorgan Chase‘s 1,388-foot supertall headquarters at 270 Park Avenue in Midtown East. Designed by Lord Norman Foster of Foster + Partners with Adamsom Associates as the architect of record and developed by Tishman Speyer, the 60-story skyscraper will yield 2.5 million square feet of office space with a capacity of 15,000 employees, and will become the tallest structure in New York completely powered by hydroelectric energy. AECOM Tishman is the general contractor for the full-block property, which is bound by East 48th Street to the north, East 47th Street to the south, Park Avenue to the east, and Madison Avenue to the west.

Evening view of Maven at 2413 Third Avenue - Courtesy of RXR

Residential Interiors Revealed for ‘Maven’ at 2413 Third Avenue in Mott Haven, The Bronx

7:30 am on September 20, 2023 By Sebastian Morris

RXR has released new images of Maven, the developer’s latest residential project in the South Bronx. Located at 2413 Third Avenue in Mott Haven, the 27-story tower is designed by CetraRuddy Architects and contains 200 rental apartments, including 60 rent-stabilized units for middle-income households.

Leasing Begins for Commercial Penthouse at 38 Greene Street in Soho

7:00 am on September 20, 2023 By Vanessa Londono

Leasing has begun for 38 Greene Street, a landmarked cast iron office building in Soho. Located on the corner of Grand Street and Greene Street, the property recently received an upgrade at the hands of owner Zar Property and Workshop APD.

Affordable Housing Lottery Launches for Virginia House Senior Residences in East Harlem, Manhattan

6:30 am on September 20, 2023 By Vanessa Londono

The affordable housing lottery has launched for Virginia House Senior Residences, a seven-story mixed-use building at 124 East 112th Street in East Harlem, Manhattan. Designed by PM Architecture and developed by Acacia Network, the structure yields 57 residences. Available on NYC Housing Connect are 33 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

499 President Street Begins Vertical Ascent in Gowanus, Brooklyn

8:00 am on September 19, 2023 By Michael Young

Construction is rising on 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall Investments, the 322,000-square-foot structure will yield 350 rental units in studio to two-bedrooms layouts, with 25 percent designated for affordable housing, as well as 20,000 square feet of ground-floor retail space. Urban Atelier Group is the general contractor for the 1.6-acre property, which is bound by Union Street to the north, President Street to the south, and Nevins Street to the west.

585 Union Street Nears Topping Out in Gowanus, Brooklyn

7:30 am on September 19, 2023 By Michael Young

Construction is nearing topping out on 585 Union Street, a nine-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros Capital, Charney Companies, and Canyon Partners, the 95-foot-tall structure will span 167,000 square feet and yield 214 rental units in studio to three-bedroom layouts, with 25 percent designated as affordable housing, as well as 8,900 square feet of ground-floor commercial space. Broadway Construction Group is the general contractor for the property, which is bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east.

Housing Lottery Launches for Concern Pitkin at 410 Warwick Street in East New York, Brooklyn

7:00 am on September 19, 2023 By Vanessa Londono

The affordable housing lottery has launched for Concern Pitkin, a six-story mixed-use building at 410 Warwick Street in East New York, Brooklyn. Designed by Urban Architectural Initiatives and developed by Concern for the Independent Living, the structure yields 53 residences. Available on NYC Housing Connect are 22 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $0 to $91,500.

Hyundai Acquires Commercial Property at 500 West 14th Street in Meatpacking District, Manhattan

6:30 am on September 19, 2023 By Sebastian Morris

Hyundai Motor America has acquired a three-story commercial building at 500 West 14th Street in Manhattan’s Meatpacking District with plans to expand its presence in New York City. The existing building features a nondescript brick façade and occupies an entire wedge-shaped block.

267 Bond and 498 Sackett Streets Rise Above Gowanus, Brooklyn

8:00 am on September 18, 2023 By Michael Young

Construction is rising on Society Brooklyn and Sackett Place, a pair of 21-story residential buildings at 267 Bond Street and 498 Sackett Street in Gowanus, Brooklyn. Designed by SLCE Architects and developed by Property Markets Group, which acquired both plots for $9 million in 2021, the complex will span 594,000 square feet and yield 517 residential units and 52,000 square feet of commercial space. The project is proceeding with $18.5 million in construction financing from Maxim Capital Group. Urban Atelier Group is the general contractor for the project, which is bound by DeGraw Street to the north, Sackett Street to the south, the Gowanus Canal to the east, and Bond Street to the west.

Construction Reaches Top Floor of 204 4th Avenue in Gowanus, Brooklyn

7:30 am on September 18, 2023 By Michael Young

Construction is about to top out on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space. Leeding Builders Group is the general contractor for the half-acre rectangular property, which is alternately addressed as 655 Union Street and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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