Excavation Underway at 1491-1493 First Avenue on Manhattan’s Upper East Side

8:00 am on May 21, 2023 By Michael Young and Matt Pruznick

Excavation is underway at 1491-1493 First Avenue, the site of an upcoming 24-story residential building on the border of Lenox Hill and Yorkville on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou. Previous figures put the height and floor count at 209 feet tall and 24 stories, though a new rendering spotted on site shows a much taller revision. It was last reported that there will be 94 condominium units with an average scope of around 1,900 square feet, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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Waterside At Xchange’s Glass Curtain Wall Progresses in Secaucus, New Jersey

7:30 am on May 21, 2023 By Michael Young and Matt Pruznick

Curtain wall installation is progressing on Waterside at Xchange, a 25-story residential building in Secaucus, New Jersey. Designed by Perkins Eastman and developed by Fraternity Meadows, the structure is also known as Building G in the 60-acre Xchange at Secaucus Junction complex and will yield 403 residential units atop a four-story parking garage. Waterside at Xchange is the tallest component in the 1,538-unit transit-oriented master plan, and is located on a formerly undeveloped plot between the Hackensack River and Brianna Lane.

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The Regeneron Pharmaceuticals campus in Tarrytown

Westchester County Approves Financial Incentives for Regeneron’s $1.8B Campus Expansion in Tarrytown

7:00 am on May 21, 2023 By Sebastian Morris

Westchester County’s Industrial Development Agency has approved financial incentives for Regeneron Pharmaceuticals’ $1.8 billion campus expansion project in Tarrytown. With the expansion, Regeneron expects to create more than 2,700 new construction jobs, around 1,000 permanent positions, and an estimated $357 million in economic activity for Westchester County.

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109 East 79th Street. Rendering by Noë & Associates with The Boundary

Finishing Touches Underway on 109 East 79th Street on Manhattan’s Upper East Side

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

Finishing touches are wrapping up on 109 East 79th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Steven Harris Architects and developed by Legion Investment Group, the 210-foot-tall structure yields 145,000 square feet and 31 condominium units ranging from two-bedroom layouts to five-bedroom full-floor penthouses, with the largest spanning over 6,000 square feet with a private rooftop terrace. Corcoran Sunshine Marketing Group’s Cathy Franklin Team is leading sales and marketing for the property, which is located on the north side of East 79th Street between Lexington and Park Avenues.

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