Excavation and foundation work is underway at 1165 Madison Avenue, the site of a 13-story residential building on Manhattan’s Upper East Side. Designed by SLCE and developed by Naftali Group with Titanium Construction Services Inc. as the general contractor, the 210-foot-tall building will yield 67,680 square feet with 12 condominiums spread across 58,919 square feet and 3,749 square feet of commercial space. The property is located at the intersection of East 86th Street and Madison Avenue, a short walk from the 4, 5, and 6 trains at the 86th Street station.
Leasing has begun for The James, a new residential building at 87 Madison Avenue in Park Ridge, Bergen County New Jersey. Developed by Claremont Development and designed by Minno & Wasko, the five-story property yields 240 units ranging from studios to two-bedroom apartments.
The affordable housing lottery has launched for 50 Penn, a nine-story mixed-use building in East New York, Brooklyn. The 211,406-square-foot development is designed by Dattner Architects and will yield 218 units. Available on NYC Housing Connect are 175 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $14,640 to $118,400.
Exterior work is closing in on completion at 1228 Madison Avenue, a 20-story residential building on Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by CBSK Ironstate, a partnership of CB Developers, SK Development, and Ironstate, the property will yield 15 units with interiors by Kelly Behun Studio. The site is located along Madison Avenue between East 88th and 89th Streets, directly behind Frank Lloyd Wright’s Guggenheim Museum.
The Department of City Planning is now reviewing an Environmental Assessment Statement and proposed zoning text amendments that would facilitate the construction of a large storage facility in Rockaway Beach, Queens. The proposed action would rezone the area from a manufacturing district to a mixed-use district with a commercial retail overlay.