1487 First Avenue Readies for Excavation on Manhattan’s Upper East Side

Demolition is complete at 1487 First Avenue, the site of a 24-story residential building in the Lenox Hill section of 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, the 209-foot-tall structure will yield 94 condominium units with an average scope of around 1,900 square feet, as well as 7,120 square feet of ground-floor retail space and 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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Permits Filed for 2765 Homecrest Avenue in Sheepshead Bay, Brooklyn

Permits have been filed for a six-story mixed-use building at 2765 Homecrest Avenue in Sheepshead Bay, Brooklyn. Located on a triangular site bordered by East 12th Street, Guider Avenue, and Homecrest Avenue, the lot is near the Sheepshead Bay subway station, serviced by the B and Q trains. Leon Nektalov under the 2761 Homecrest LLC is listed as the owner behind the applications.

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Permits Filed for 920 Metropolitan Avenue in East Williamsburg, Brooklyn

Permits have been filed for a four-story residential building at 920 Metropolitan Avenue in East Williamsburg, Brooklyn. Located between Olive Street and Catherine Street, the interior lot is in walking distance of the Grand Street subway station, serviced by the 2 and 5 trains. Antonio Ambrosino of Ambrosino Construction Corp. is listed as the owner behind the applications.

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