New York YIMBY

Rendering of 3 Times Square - FXCollaborative

The Rudin Family Secures $415M Refinancing Package to Renovate 3 Times Square Office Tower in Midtown Manhattan

7:00 am on July 3, 2022 By Sebastian Morris

The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.

Permits Filed for 436 Union Avenue in Williamsburg, Brooklyn

6:30 am on July 3, 2022 By Vanessa Londono

Permits have been filed for a seven-story residential building at 436 Union Avenue in Williamsburg, Brooklyn. Located between Metropolitan Avenue and Devoe Street, the lot is steps from the Metropolitan Avenue subway station, serviced by the G train. Yisroel Greenfeld is listed as the owner behind the applications.

Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on July 2, 2022 By Michael Young

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

Rendering of venue entry and reception area at 92NY - Beyer Blinder Belle

92NY Breaks Ground on $200M Redevelopment at 1395 Lexington Avenue on Manhattan’s Upper East Side

7:30 am on July 2, 2022 By Sebastian Morris

This month, the 92nd Street Y kicked-off a multi-phase redevelopment of its historic headquarters on the Upper East Side, Manhattan. Located at 1395 Lexington Ave at the corner of East 92nd Street, the $200 million restoration project will help the organization enrich the services, events, and facilities it provides to its visitors and the local Manhattan community.

Affordable Housing Lottery Launches for 310 Grand Concourse in Mott Haven, Bronx

7:00 am on July 2, 2022 By Vanessa Londono

The affordable housing lottery has launched for 310 Grand Concourse, a 14-story residential building in Mott Haven, The Bronx. Designed by Fischer + Makooi Architect and developed by Simon Kaufman, the structure yields 135,106 square feet, with 157 units and 66 enclosed parking spaces. Available on NYC Housing Connect are 24 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $56,983 to $115,280.

Permits Filed for 406 Midwood Street in Prospect Lefferts Gardens, Brooklyn

6:30 am on July 2, 2022 By Vanessa Londono

Permits have been filed for a four-story residential building at 406 Midwood Street in Prospect Lefferts Gardens, Brooklyn. Located between New York and Brooklyn Avenues, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Jacob Scherman under the Homeland Property Group LLC is listed as the owner behind the applications.

Olympia’s Façade Nears Completion at 30 Front Street in DUMBO, Brooklyn

8:00 am on July 1, 2022 By Michael Young

Façade work is wrapping up on Olympia, a 33-story residential tower at 30 Front Street in DUMBO, Brooklyn. Designed by Hill West Architects and developed by Fortis Property Group, the 401-foot-tall sail-shaped structure will yield 76 condominium units in one- to five-plus-bedroom layouts with interiors by Workstead. Sales and marketing are being led by Fredrik Eklund and John Gomes of the Eklund Gomes Team at Douglas Elliman and Karen Heyman at Sotheby’s, and Urban Atelier Group is the general contractor for the property, which is bound by Front Street to the north, Washington Street to the east, and York Street to the south.

Rendering of Halo at 289-301 Washington Street - INOA Architecture

Halo Three-Tower Development Breaks Ground at 289-301 Washington Street in Newark, New Jersey

7:30 am on July 1, 2022 By Sebastian Morris

Site excavation and foundation work is now underway for Halo, a three-tower high-rise development that will eventually be one of the tallest buildings in Newark, New Jersey. Located at 289-301 Washington Street, the 38-, 42-, and 46-story towers will comprise a mix of rental apartments, residential amenities, and a multi-level parking garage. The tallest tower will top out at 573 feet.

Affordable Housing Lottery Launches for 22 Chapel Street in Downtown Brooklyn

7:00 am on July 1, 2022 By Vanessa Londono

The affordable housing lottery has launched for 22 Chapel Street, a 20-story mixed-use building in Downtown Brooklyn. Designed by CetraRuddy and developed by DelShah Capital, the structure yields 180 residences. Available on NYC Housing Connect are 55 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $79,098 to $215,150.

Permits Filed for 431 Seventh Avenue in Park Slope, Brooklyn

6:30 am on July 1, 2022 By Vanessa Londono

Permits have been filed for a six-story residential building at 431 Seventh Avenue in Park Slope, Brooklyn. Located between 14th and 15th Streets, the lot is near the 15th Street subway station, serviced by the F and G trains. Harel Edery of EDRE Development is listed as the owner behind the applications.

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