241 West 28th Street’s Reinforced Concrete Superstructure Climbs Over Chelsea, Manhattan

7:30 am on October 3, 2021 By Michael Young

Construction is rising on 241 West 28th Street, a 22-story residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 248,000-square-foot two-tower development will yield 479 units with 30 percent reserved for low- and middle-income households. King Contracting Group is doing the brick work and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues.

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Affordable Housing Units Still Available at 555 Waverly Avenue in Clinton Hill, Brooklyn

6:30 am on October 3, 2021 By Vanessa Londono

The affordable housing lottery has launched for 555 Waverly Avenue, an eight-story residential building in Clinton Hill, Brooklyn. Designed by HTO Architect and developed by Madison Realty Capital, the structure yields 190 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,315 to $167,570.

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550 Madison Avenue Officially Unveils New Lobby in Midtown East, Manhattan

8:00 am on October 2, 2021 By Michael Young

YIMBY attended the recent unveiling of the newly renovated lobby of 550 Madison Avenue, a 37-story, 684-foot-tall office skyscraper in Midtown East. Designed by Gensler and developed by The Olayan Group and RXR Realty, the project involves a 21,000-square-foot indoor-outdoor overhaul of the 1984 postmodern landmark from Philip Johnson and John Burgee. In addition to the updated lobby, which features an art installation from Polish-German contemporary visual artist Alicja Kwade called Solid Sky, the undertaking will also provide a new café, elevated and ground-level landscaping, expanded seating with additional tables, and public restrooms. 550 Madison Avenue spans between East 55th and 56th Streets.

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