Construction is rising on 1299 Third Avenue, a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April 2022, the 420-foot-tall structure will yield 47 condominium units. Press Builders is the general contractor for the property, which is located between East 74th and East 75th Streets.
The Yonkers Panning Board is now considering proposals from Kearney Realty & Development Group to construct a new affordable housing project at 21-23 Park Avenue in Yonkers. The project is known as The Abbey and includes the construction of a new apartment building and a renovation of the Ethan Flagg House and Blessed Sacrament Monastery. Both properties are listed on the National Register of Historic Places.
The affordable housing lottery has launched for 739 East Gun Hill Road, an eight-story residential building in Williamsbridge, The Bronx. Designed by Marin Architects and developed by RYTY Home Builders, the structure yields 134 residences and 69 parking spaces. Available on NYC Housing Connect are 41 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $73,886 to $227,630.
Permits have been filed for a five-story commercial building at 39-02 Northern Boulevard in Douglaston, Queens. Located between Alameda Avenue and Cross Island Expressway, the lot is near the Alley Pond Park. Charles Stehlik of Goodman is listed as the owner behind the applications.
Construction is continuing to rise on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units averaging 3,200 square feet apiece with at least one becoming a quadruplex. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which located on a 5,000-square foot property on the southwest corner of Fifth Avenue and West 29th Street.
