Four buildings under new ownership of The East Harlem El Barrio Community Land Trust (CLT) are currently undergoing construction to transform them into affordable apartments. Located at 53 East 110th Street, 201 East 120th Street, 204 West 121st Street, and 304 East 126th Street in Harlem, the project will yield 36 rental apartments and three commercial spaces. CLT will own the land and lead the renovation project, and is joined by Mutual Housing Association and the city’s Department of Housing Preservation and Development (HPD) in this $13.2 million deal.
Construction is progressing on 685 Fifth Avenue, a 100,000-square-foot office-to-condominium conversion in Midtown, Manhattan. Designed by Marin Architects and developed SHVO in partnership with BLG Holdings and Deutsche Financial, the project involves the addition of ten floors atop the existing existing 20-story structure, bringing it to a total height of 350 feet tall. The $135 million project will yield 69 condominium units designed by March & White and managed by Mandarin Oriental Hotel Group, as well as retail space with Fifth Avenue frontage marketed by Brookfield Properties. The property is located at the corner of Fifth Avenue and East 53rd Street.
The Landmarks Preservation Commission (LPC) has upheld previous approvals for the expansion and renovation of two neighboring carriage houses at 410-412 Waverly Avenue in Clinton Hill, Brooklyn. Designed by David Adjaye’s design studio, the proposals will combine the neighboring properties into a large single-family home and expand the structure to three floors above ground.
Permits have been filed for a 12-story residential building at 2702 Creston Avenue in Fordham, The Bronx. Located between East Kingsbridge Road and East 196th Street, the interior lot is near both Kingsbridge Road subway stations, serviced by the B, D, and 4 trains. Spaxel is listed as the owner behind the applications.
Permits have been filed for an eight-story residential building at 1616 Crosby Avenue in Pelham Bay, The Bronx. Located between Middletown Road and Daniel Street, the lot is two blocks south of the Buhre Avenue subway station, serviced by the 6 train. Alfred Mitaj under the First Structure LLC is listed as the owner behind the applications.