Mayor Eric Adams has ushered in the next phase of the Midtown South Neighborhood Action Plan, a community development plan aimed at facilitating the conversion of office properties into multifamily residential buildings. Over time, the plan will update existing zoning rules and administrative hurdles that slow down the process for developers.
Permits have been filed for an eight-story residential building at 1688 East 18th Street in Homecrest, Brooklyn. Located between Kings Highway and Quentin Road, the lot is two blocks from the Kings Highway subway station, serviced by the B and Q trains. Asaf Haimoff is listed as the owner behind the applications.
Construction is complete on 250 East 21st Street, a 13-story residential building in Gramercy Park, Manhattan. Designed by Issac & Stern Architects and developed by Urban Development Partners, the 145-foot-tall structure yields 54 condominium units in one- to four-bedroom layouts with interiors by Paris Forino. Douglas Elliman Development Marketing‘s Eklund Gomes Team is leading sales and marketing for the homes with prices ranging from $1.2 to more than $6 million. Ross Associates was the general contractor for the property, which is located at corner of East 21st Street and Second Avenue.
Below-grade work is progressing at 161 Meserole Avenue, the site of an eight-story residential building in Greenpoint, Brooklyn. Designed by Kao Hwa Lee Architect P.C. and developed by SH Meserole LLC, which purchased the 15,390-square-foot plot for $2 million, the structure will replace three low-rise structures and yield an undisclosed number of units. Blue Shine Builder INC is the general contractor the project, which is located at the corner of Meserole Avenue and McGuinness Boulevard.
Elected officials and developers celebrated the completion of Avalon Harrison, a mixed-use affordable housing complex in Harrison, New York. Located adjacent to the Harrison Metro-North train station in Westchester County, the project was led by AvalonBay Communities, which worked closely with the Metropolitan Transportation Authority and local officials at every phase of the project.
