1522 First Avenue Wraps Up Construction on Manhattan’s Upper East Side

Construction is coming to a close at 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell, the 449-foot-tall structure will yield 400,000 square feet of Class A office space, as well as retail space on the ground floor and cellar levels. The Hospital for Special Surgery will serve as the anchor tenant, occupying 200,000 square feet across the first eight stories of the building. The property is alternately addressed as 403 East 79th Street and is located between East 79th and East 80th Streets.

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Photograph of The Arches, via nyc.gov

Mayor Adams Unveils Revitalized ‘The Arches’ Plaza, Commits $50M For Further Improvements In Lower Manhattan

New York City has officially reopened a newly revitalized section of “The Arches,” a public plaza located on the Manhattan side of the Brooklyn Bridge, and announced an additional $50 million investment to expand and enhance the space. Located adjacent to City Hall and named for the 53 overhead bridge arches, the area has remained largely inaccessible for the past 15 years due to ongoing restoration work on the Brooklyn Bridge. The investment, part of the city’s FY 2026 Executive Budget and the “We Outside Summer” initiative, will support the addition of public seating, plantings, lighting, and recreational amenities.

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Affordable Housing Lottery Launches for 1229 Eastern Parkway in Crown Heights, Brooklyn

The affordable housing lottery has launched for 1229 Eastern Parkway, a seven-story residential building in Crown Heights, Brooklyn. Developed by Bluejay Management, the structure yields 54 residences. Available on NYC Housing Connect are 17 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $84,000 to $227,500.

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