Street View of Innovation QNS at 35th Ave - ODA New York

New York City Council Approves $2B Innovation QNS Complex in Astoria, Queens

The New York City Council voted Tuesday, November 21 to approve Innovation QNS, a $2 billion mixed-use development that will bring 3,200 apartments to Astoria, Queens. The development team behind the property includes Kaufman Astoria Studios, Silverstein Properties, and BedRock Real Estate Partners, which was forced to price around 1,400 apartments, or nearly half of the planned units, below market rate.

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45 Park Place Stands Unfinished in Tribeca, Manhattan

Second on YIMBY’s Turkey Week tour of stalled projects is 45 Park Place, a 43-story residential skyscraper in Tribeca. Designed by SOMA Architects with Ismael Leyva Architects as the executive and residential architect and developed by Sharif el-Gamal of Soho Properties, the 667-foot-tall tower has been stalled since sometime in late 2019. Piero Lissoni is the interior designer, Permasteelisa Group and Vidaris are the façade consultants, and Gilbane Residential Construction is the general contractor for the property, which is located between Church Street and West Broadway.

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79 Eldridge Street Awaits Further Progress on Manhattan’s Lower East Side

Construction appears stalled on 79 Eldridge Street, a 14-story hotel building on Manhattan’s Lower East Side. Designed by Ellipses Design and developed by DLC Development, Inc., the structure is planned to yield 48 rooms and a 1,243-square-foot common space. Triborough Construction Services is the general contractor for the property, which is located between Grand and Hester Streets.

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