New York YIMBY

550 Madison Avenue’s Landscaped Public Plaza Nears Completion in Midtown East, Manhattan

8:00 am on July 20, 2022 By Michael Young

Work is nearing completion on the new public plaza adjacent to 550 Madison Avenue, a landmarked 37-story commercial skyscraper in Midtown East. Developed by The Olayan Group and RXR Realty, the 684-foot-tall postmodern building is undergoing a 21,000-square-foot indoor-outdoor renovation, which includes a triple-height steel-framed glass canopy designed by Snøhetta and a revamped lobby designed by Gensler. AECOM Tishman is serving as the general contractor for the project, which is located between East 55th and 56th Streets and is aiming for LEED Platinum and WELL Gold certifications.

Rendering of One Clinton Park (left) and Two Clinton Park (right) - Courtesy of RXR Realty

RXR Celebrates Completion of One Clinton Park in Downtown New Rochelle

7:30 am on July 20, 2022 By Sebastian Morris

Construction is now complete on One Clinton Park, a 28-story mixed-use tower at 55 Clinton Place in downtown New Rochelle. Designed by PS&S and MdeAS Architects and developed by RXR Realty, the structure yields 352 rental units in one- to three-bedroom floor plans as well as ground-floor retail space. All of the units come with smart home technology, washer and dryer, and access to a full suite of amenities.

Housing Lottery Launches for 1516 Park Avenue in East Harlem, Manhattan

7:00 am on July 20, 2022 By Vanessa Londono

The affordable housing lottery has launched for 1516 Park Avenue, a 12-story mixed-use building in East Harlem, Manhattan. Designed by Karl Fischer and developed by Isaac Schwartz, the structure yields 44 residences. Available on NYC Housing Connect are 18 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $70,286 to $187,330.

Permits Filed for 42-98 Saull Street in Flushing, Queens

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

Permits have been filed to convert a two-story structure into a six-story mixed-use building at 42-98 Saull Street in Flushing, Queens. Located at the intersection of Saull Street and Cherry Avenue, the lot is near the Main Street subway station, serviced by the 7 train. Toby Eng is listed as the owner behind the applications.

New Renderings Revealed for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

8:00 am on July 19, 2022 By Michael Young

YIMBY has an exclusive set of new renderings for a 47-story residential skyscraper at 550 Tenth Avenue in Hell’s Kitchen. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the 430,000-square-foot tower will yield 453 units with 316 at market rate and 137 for moderate and middle incomes, as well as 9,000 square feet of retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. Demolition is complete and foundations are underway at the site, which is located along Tenth Avenue between West 40th and 41st Streets.

115 East 55th Street Completes Construction in Midtown East, Manhattan

7:30 am on July 19, 2022 By Michael Young

Construction is complete on 115 East 55th Street, an 18-story residential building in Midtown East. Designed by SLCE Architects for Zeckendorf Development, the 185-foot-tall structure yields 71,961 square feet and 58 units. CM & Associates Construction Management served as the general contractor for the Midtown property, which is located on a relatively small plot between Lexington and Park Avenues, directly to the east of Norman Foster‘s 425 Park Avenue.

Rendering of The Arboretum - BRP Companies

Construction Begins on The Arboretum at Farmingville at 510 Horseblock Road in Brookhaven, Long Island

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

Construction is now underway at 510 Horseblock Road, the site of a new 292-unit, garden-style rental community in Farmingville, Long Island. Located within the Town of Brookhaven, the property previously functioned as a farm and spans roughly 62 acres.

Permits Filed for 2719 Fulton Street in Cypress Hills, Brooklyn

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

Permits have been filed for a six-story mixed-use building at 2719 Fulton Street in Cypress Hills, Brooklyn. Located between Wyona Street and Bradford Street, the lot is three blocks west of the Van Siclen Avenue subway station, serviced by the J and Z trains. Sanjeev Kumor is listed as the owner behind the applications.

YIMBY’s 2022 Q2 Report Reveals Sustained Filing Volume from April Through June in New York City

8:00 am on July 18, 2022 By Vitali Ogorodnikov

Figures for new construction permit filings for New York City for the second quarter of 2022 are in, and YIMBY’s latest analysis reveals that a number of positive trends emergent in the year’s first quarter have continued at a sustained pace. During the period spanning April, May, and June, the Department of Buildings registered permit filings for a combined total of around 13.1 million square feet, which, among other uses, includes 9,997 residential and hotel rooms. Although the square footage of the average filing is slightly smaller compared to the first quarter, the 857 new permits filed in the second quarter almost exactly match the total of 862 filings in the previous quarter, with both figures substantially exceeding quarterly averages from the previous year. Below we share a detailed analysis of the aggregated permit data. The full data set on which we based our research is available with a subscription to YIMBY’s Building Wire service.

Related Unveils First Rendering of 450 Washington Street in Tribeca, Manhattan

7:30 am on July 18, 2022 By Vanessa Londono

The first rendering of 450 Washington Street has been released by developer Related Companies along with a teaser website. Located in Tribeca, the new condominium development is a full renovation of a former rental building, complete with new interior walls, layouts, façade, and windows. Designed by Roger Ferris + Partners, the full-block construction will bring 176 residences to the Hudson River waterfront. Hollander Design is handling landscape architecture. Corcoran Sunshine Marketing Group is exclusively handling marketing and sales at 450 Washington, with residences priced from approximately $1 to $10 million.

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