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 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.
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.
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 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.
