Aerial view of Beach Dunes III at 331 Beach 35th Street - Bernheimer Architecture

Developers Secure $95.7M for Beach Green Dunes III at 331 Beach 35th Street in Far Rockaway, Queens

7:30 am on January 12, 2023 By Sebastian Morris

L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.

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Housing Lottery Launches for 1661 Madison Avenue in East Harlem, Manhattan

7:00 am on January 12, 2023 By Vanessa Londono

The affordable housing lottery has launched for 1661 Madison Avenue, an eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure yields 14 residences. Available on NYC Housing Connect are five units with a 2.5-month concession for residents at 130 percent of the area median income (AMI), ranging in eligible income from 101,143 to $156,130.

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Permits Filed for 3301 Newkirk Avenue in East Flatbush, Brooklyn

6:30 am on January 12, 2023 By Vanessa Londono

Permits have been filed for a four-story residential building at 3301 Newkirk Avenue in East Flatbush, Brooklyn. Located at the intersection of Newkirk Avenue and New York Avenue, the lot is three blocks east of the Newkirk Avenue-Little Haiti subway station, serviced by the 2 and 5 trains. Samuel Amsel under the 1335 NY SYA LLC is listed as the owner behind the applications.

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Metals in Construction Magazine’s Design Challenge Encourages Ideas for Office-to-Residential Redevelopment

8:00 am on January 11, 2023 By Vanessa Londono

It’s time for the yearly Design Challenge competition by Metals in Construction magazine, a publication of the Steel and Ornamental Metal Institutes of New York. The goal each year is to generate ideas about the role of architecture in helping to solve social problems. This year the challenge with a $15,000 grand prize is to redevelop a New York City office tower for market-rate housing.

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262 Fifth Avenue

Construction Crane Assembled for 262 Fifth Avenue Supertall in NoMad, Manhattan

7:30 am on January 11, 2023 By Michael Young

Construction is ramping up on 262 Fifth Avenue, a 1,000-foot residential supertall in NoMad, where the tower crane has just completed assembly. 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 54-story skyscraper will yield 41 condominium units. WSP is the structural and M.E.P. engineer and CM & Associates Construction Management is the general contractor for the property, which is located at the southwest corner of Fifth Avenue and West 29th Street.

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