Construction is complete on The Northern, a two-building development at 38-27 32nd Street and 38-38 32nd Street in Long Island City, Queens. Designed by NY Building Associates and developed by Yitzchok Katz of Developing NY State under the 39th Ave Equity LLC, the structures yield a combined 116 rental units and were built in tandem on two parcels at the intersection of 39th Avenue and 32nd Street.
Demolition preparations are underway at 156-166 Bowery, the site of a forthcoming seven-story commercial building in Nolita, Manhattan. Designed by Perkins + Will Architects and developed by Kinsman Property Group, a joint venture between Madison Group and State Building Group, the 85-foot-tall structure will yield 72,441 square feet of office space. The 15,000-square-foot property is currently occupied by seven vacant low-rise buildings by the corner of Bowery and Kenmare Street.
Construction has begun on La Olazul, a 13-story affordable and supportive housing development at 1940 Jerome Avenue in Mount Hope, The Bronx. Developed by Vaya Development and Westhab, the $81 million development will yield 115 units, including 69 supportive apartments, along with approximately 8,500 square feet of ground-floor commercial space.
Permits have been filed to expand a three-story structure into a four-story residential building at 71 South 4th Street in Williamsburg, Brooklyn. Located between Berry Street and Wythe Avenue, the lot is closest to the Bedford Avenue subway station, serviced by the L train. Mike Reznik of WH Capital LLC is listed as the owner behind the applications.
Construction is complete on Tryon North, a 12-story mixed-use building at 4778 Broadway in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, which purchased the property for $12 million in 2018, the 99,000-square-foot structure yields 80 affordable units in studio to two-bedroom layouts, as well as 18,759 square feet of lower-level commercial. The project stands on a 12,000-square-foot interior parcel by the corner of Broadway and Dyckman Street.
