New York YIMBY

Housing Lottery Launches for 2817 Atlantic Avenue in East New York, Brooklyn

6:30 am on September 21, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2817 Atlantic Avenue, a 14-story mixed-use building in East New York, Brooklyn. Designed by Peter Pizzimenti and developed by Joel Schwartz under the 2815 Atlantic Holding LLC, the structure yields 68 residences. Available on NYC Housing Connect are 14 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $33,875 to $86,460.

One Madison Avenue’s Tower Expansion Begins Steel Assembly in Flatiron District, Manhattan

8:00 am on September 20, 2022 By Michael Young and Matt Pruznick

Construction is rising on One Madison Avenue, a 27-story commercial expansion in the Flatiron District. Designed by Kohn Pedersen Fox and developed by SL Green, the National Pension Service of Korea, and Hines, the project involves the gut renovation and expansion of a former eight-story structure and will yield 1.4 million square feet of office space. AECOM Tishman is the general contractor for the property, which occupies a full block bound by East 23rd and 24th Streets and Madison Avenue and Park Avenue South.

1661 Madison Avenue Nears Completion in East Harlem, Manhattan

7:30 am on September 20, 2022 By Michael Young and Matt Pruznick

Construction is nearing completion on 1661 Madison Avenue, a eight-story residential building in East Harlem, Manhattan. Designed by ARC Architecture Design Studios and developed by A&R Properties Group, the structure will yield 14 rental units. Construction Experts LLC is the general contractor for the property, which is located between East 111th Street to the north and Tito Puente Way to the south.

View of One Vanderbilt - Photo by Michael Young

Jōji Debuts Beneath One Vanderbilt and Grand Central Terminal in Midtown East, Manhattan

7:00 am on September 20, 2022 By Sebastian Morris

SL Green has debuted Jōji, a speakeasy meets Omakase-style restaurant beneath supertall office tower One Vanderbilt in Midtown East, Manhattan. The eatery is hidden beneath the tower in a secluded section of Grand Central Terminal and features a minimalist design in stark contrast with the buzzing transportation hub just feet above.

Permits Filed for 190 East 205th Street in Bedford Park, The Bronx

6:30 am on September 20, 2022 By Vanessa Londono

Permits have been filed for a seven-story residential building at 190 East 205th Street in Bedford Park, The Bronx. Located between Ground Concourse and Lisbon Place, the lot is three blocks from the Bedford Park Boulevard subway station, serviced by the B and D trains. Moshe Katz of Quick Builders LLC is listed as the owner behind the applications.

PENN 2’s Eight-Story Addition Tops Out at 2 Penn Plaza in Midtown, Manhattan

8:00 am on September 19, 2022 By Michael Young and Matt Pruznick

Last week, Vornado Realty Trust, Turner Construction Company, and Skanska celebrated the topping out of the new eight-story expansion at PENN 2, a 31-story commercial tower at Two Penn Plaza in Midtown. Designed by MdeAS Architects, the cantilevering addition is part of a full-scale overhaul project involving the curtain wall replacement and modernization of the mid-century structure’s 1.61 million square feet of office space. The 412-foot-tall building is located along Seventh Avenue between West 31st and West 33rd Streets, and is part of the massive Penn District revitalization plan that will add ten new towers to the area surrounding Penn Station and Madison Square Garden in the coming years.

20 East 110th Street Tops Out in East Harlem, Manhattan

7:30 am on September 19, 2022 By Michael Young and Matt Pruznick

Construction has topped out on 20 East 110th Street, an eight-story mixed-use building in East Harlem, Manhattan. Designed by ARC Architecture Design Studio and developed by A&R Properties Group, the 80-foot-tall structure will yield 36,746 square feet with 25 rental units spread across 17,283 square feet, 7,000 square feet of community facility space, and 3,000 square feet of commercial space. SS Construction Experts is the general contractor for the property, which is alternately addressed as 1650 Madison Avenue and located at the corner of Madison Avenue and Tito Puente Way.

Aerial rendering of 540 DeGraw Street - Handel Architects

Developers Close on $140M Loan to Complete Majestic at 540 DeGraw Street in Gowanus, Brooklyn

7:00 am on September 19, 2022 By Sebastian Morris

JLL Capital Markets has arranged a $142 million construction loan to finance the completion of Majestic, a 12-story mixed-use building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, the Urban Investment Group within Goldman Sachs Asset Management, Vorea Group and Mega Development, the building will yield 18,000 square feet of commercial space and 255 rental units. A total 25 percent of the units will be designated for affordable housing. Future Green Studio is the landscape designer for the property, which is located between Nevins Street and 3rd Avenue.

Permits Filed for 434 Blake Avenue in Brownsville, Brooklyn

6:30 am on September 19, 2022 By Vanessa Londono

Permits have been filed for a five-story mixed-use building at 434 Blake Avenue in Brownsville, Brooklyn. Located between Powell Street and Junius Street, the lot is near the Sutter Avenue subway station, serviced by the L train. Monsur Rahman of Win USA Properties LLC is listed as the owner behind the applications.

270 West 96th Street courtesy of Fetner Properties

270 West 96th Street Prepares to Rise Above Street Level on Manhattan’s Upper West Side

8:00 am on September 18, 2022 By Michael Young and Matt Pruznick

Construction is about to go vertical on 270 West 96th Street, a 23-story residential building on Manhattan’s Upper West Side. Designed by SLCE Architects and developed by Fetner Properties, the 235-foot-tall structure will yield 171 rental units with 68 dedicated to affordable housing, and 8,961 square feet of community facility space. Urban Atelier Group is the general contractor for the property, which is located between West End Avenue and Broadway, and King Contracting Group will be in charge of placing the CMU, bricks, EIF’s cast stone and roofing.

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