425 Park Avenue. Rendering by Dbox, courtesy of Foster + Partners

425 Park Avenue Celebrates Grand Opening in Midtown East, Manhattan

YIMBY attended the official opening ceremony of 425 Park Avenue, a 47-story commercial skyscraper in Midtown East and the first new full-block building to be built along Park Avenue’s Plaza District in nearly half a century. Designed by Norman Foster of Foster + Partners and developed by L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall structure yields 667,000 square feet of column-free Class A office space with design flexibility and panoramic views up and down Park Avenue. Adamson Associates Architects was the architect of record, WSP was the structural and MEP engineer, R&R Scaffolding provided the BMU, and Tishman Construction was the construction manager for the project, which is located between East 55th and East 56th Streets.

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Updated rendering of 25 Maple Avenue - Beyer Blinder Belle

Twenty Five Maple Debuts at 25 Maple Avenue in New Rochelle

Construction is now complete on Twenty Five Maple, a seven-story mixed-use property at 25 Maple Avenue in downtown New Rochelle. Designed by Beyer Blinder Belle and developed by WBP Development and LMXD, an affiliate of L+M Development Partners, the 275,000-square-foot building comprises 184 rental units in studio to two-bedroom layouts, 1,900 square feet of ground floor commercial space, and a 115,000-square-foot parking structure.

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Housing Lottery Launches for 740 Brook Avenue in Woodstock, The Bronx

The affordable housing lottery has launched for 740 Brook Avenue, a nine-story mixed-use building in Woodstock, The Bronx. Designed by Dattner Architects and developed by Phipps Houses with construction financing through NYC Housing Preservation and Development and New York State Homes and Community Renewal, the structure yields 55 residences. Available on NYC Housing Connect are 42 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $16,183 to $165,500.

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540 Fulton Street, designed by Marvel Architects

The Paxton’s Façade Nears Completion at 540 Fulton Street in Downtown Brooklyn

Exterior work is nearing completion on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall tower will yield 330,000 square feet with 327 residential units in studio to three-bedroom layouts, 137,075 square feet of commercial space, and 33,000 square feet of retail space in the multi-story podium. M.N.S. is handling sales and marketing for the residential component of the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

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