YIMBY Today
Astoria Cove [Curbed]: A community board meeting has revealed the latest on the Queens waterfront redevelopment at Astoria Cove, situated north of 26th Avenue. Developer Alma has plans to construct “three waterfront towers — at 26, 32…
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Haussmann Development Secures $40.75 Million Construction Loan for Mixed-Income Project in Manhattanville
Haussmann Development is moving forward on a new residential building at 16-20 Convent Avenue, closing on a $40.75 million construction loan from Affinius Capital in partnership with Axonic Capital. INPUT is the interior designer for the 84-unit mixed-income building, which will be located in Manhattanville on a prominent corner site near Columbia University’s expanding campus. Construction is expected to be completed in early 2028.
Governor Hochul Announces $28 Million For Energy Efficiency, Electrification Projects Across New York
Governor Kathy Hochul announced nearly $28 million in awards to fund multiple energy efficiency and electrification projects in New York City. The selected initiatives, part of the statewide Empire Building Challenge program, represent a range of affordable and mixed-use developments across Manhattan, Brooklyn, Queens, The Bronx, and Staten Island. Collectively, the projects will demonstrate low-carbon building solutions while improving indoor air quality and reducing operating costs for property owners.
38-38 32nd Street’s Exterior Takes Shape in Long Island City, Queens
Construction has topped out on 38-38 32nd Street, a nine-story residential building in Long Island City, Queens. Designed by NY Building Associates and developed and built by Yitzchok Katz of Developing NY State under the 39th Ave Equity LLC, the 103-foot-tall structure will span 43,904 square feet and yield 64 rental units with an average scope of 680 square feet, as well as 25 enclosed parking spaces on the ground level and 381 square feet of commercial space. The formerly vacant property is bound by 39th Avenue to the south, 32nd Street to the east, and 31st Street to the west.
Renderings Revealed for Sunset Pier 94 Studios on Hell’s Kitchen Waterfront, Manhattan
Renderings have been revealed for Sunset Pier 94 Studios, Manhattan’s first film and TV production studio, on the western edge of Hell’s Kitchen. Designed by Gensler and developed by Vornado Realty Trust in a public-private partnership with Hudson Pacific Properties, Blackstone, and the New York City Economic Development Corporation, the 266,000-square-foot structure will take shape along the Hudson River waterfront on a parcel long slated for redevelopment. Hudson Pacific Properties will manage leasing and operations and provide design oversight, and RBC and Ivanhoe Cambridge are providing $183 million in construction financing for the project, which is located directly across from DeWitt Clinton Park between West 52nd and West 54th Streets.