After nearly a century of development, the MTA debuted phase one of its Second Avenue expansion in 2017. The surrounding Upper East Side community has since experienced a flurry of new residential, retail, and commercial developments that now have access to a dedicated subway line. Developed by Icon Realty Management, 301 East 81st Street, also known as 1562 Second Avenue, is one of many forthcoming projects in the area. Today, YIMBY has new renderings for the tower, and the updated plans now include a two-story addition compared to the original illustrations.
Full demolition permits have been filed for the three-story building at 244 East 52nd Street in Midtown East, Manhattan. The site currently houses a 9,200 square foot education facility built in 1910. Located between Second Avenue and Third Avenue, the lot is close to the Lexington Av-53 Street subway station, serviced by the E and M trains.
Permits have been filed for a six-story apartment building at 32 Rutgers Street on the Lower East Side of Manhattan. Located between Henry Street and Madison Street, the interior lot is two blocks south of the East Broadway subway station, serviced by the F train. Qiliang Chen of Soho Property LLC is listed as the owner behind the applications.
A record-shattering $238 million purchase of a Manhattan penthouse at 220 Central Park South came at the hands of billionaire and Citadel hedge fund founder Ken Griffin. The sale of the 24,000 square foot apartment makes it the highest-priced home ever sold in the United States. The four-story residence is part of a 66-floor near-supertall development by Vornado Realty Trust, and has 16 bedrooms, 17 bathrooms, five balconies, and a terrace facing Central Park.
New proposals for the construction of three massive residential developments have made their way to The Yonkers Industrial Development Agency in an exciting new reveal. All together, the projects could introduce 1,000 new homes in Yonkers, New York.