Queens Plaza Park, aka Sven, is the 25th building on our annual countdown of the tallest projects underway in New York. Construction has passed the halfway point on the 755-foot-tall residential skyscraper, which is located at 27-29 Queens Plaza North in Long Island City. Meanwhile, the curved reflective glass curtain wall is rapidly ascending the 67-story reinforced concrete superstructure. Handel Architects is the designer and The Durst Organization is the developer of the project, which is also addressed as 29-37 41st Avenue. Selldorf Architects is the interior designer.
Developer Fetner Properties recently unveiled renderings for a 23-story residential building with micro-units at 266 West 96th Street on Manhattan’s Upper West Side. Located between Broadway and West End Avenue, the development would be built on a lot currently occupied by a former MTA electric substation.
Brookfield Properties has officially announced its Bankside mixed-use project in Mott Haven, near the southern tip of The Bronx. The development includes seven residential buildings, 34,000 square feet of public waterfront space along the Harlem River, 15,000 square feet of retail, and a mix of community facilities.
Merchants Capital recently secured funding to redevelop a historic hospital structure in Jamaica, Queens into low-income and supportive housing. The announced funding package amounts to $21 million in the form of a Freddie Mac unfunded forward Low-Income Housing Tax Credit (LIHTC) cash loan on behalf of private affordable housing developer Dunn Development Corp.
Developers and city officials recently gathered at 405 Dumont Avenue to celebrate the commencement of construction on a new 100-percent affordable housing project. The development is known as Van Dyke III and is situated within the Van Dkye Houses campus in Brownsville, Brooklyn.