Commercial

Excavation Underway at 656 Lexington Avenue in Midtown East, Manhattan

Excavation is underway at 656 Lexington Avenue, the site of a 19-story residential building in Midtown East, Manhattan. Designed by Zproekt Architecture and developed by Sergey Rybak under the 660 Lexington Avenue Development LLC, the 233-foot-tall structure will span 52,558 square feet and yield 23 condominium units with an average scope of 2,123 square feet, as well as 2,551 square feet of commercial space, 1,174 square feet of community facility space, and a cellar level. Rybak Development Corp. is the general contractor for the property, which is alternately addressed as 133 East 55th Street and located at the corner of Lexington Avenue and East 55th Street.

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Naftali Group Files Permits for 21-Story Tower at 1 Division Avenue in Williamsburg, Brooklyn

Permits have been filed for a 21-story tower at 1 Division Avenue in Williamsburg, Brooklyn. Located between the waterfront and Kent Avenue, the lot is near the South Williamsburg ferry stop and the Marcy Avenue subway station, serviced by the J, M, and Z trains. Naftali Group is listed as the owner behind the applications and also responsible the complex rising nearby at 470-490 Kent Avenue.

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10-04 Borden Avenue Nears Completion in Long Island City, Queens

Work is continuing on 10-04 Borden Avenue, a three-story commercial building in Long Island City, Queens. Developed and built by The Vorea Group under the Borden Ave Opportunity Zone Business LLC, the 56,000-square-foot structure will feature New York City’s first iFLY indoor skydiving facility and a separate commercial space. The plot spans nearly half an acre by the three-way intersection of Borden Avenue, Vernon Boulevard, and Jackson Avenue.


75 Dupont Street’s First Phase Progresses in Greenpoint, Brooklyn

Exterior work is moving along on the first phase of 75 Dupont Street, an eight-story mixed-use building in GreenpointBrooklyn. Designed by Hill West Architects with Whitehall Interiors as the interior designer and Madison Realty Capital as the developer, the 400,000-square-foot structure will yield 471 units with 143 designated for affordable housing, as well as 189 on-site parking spaces and a potential grocery store. Omnibuild is the general contractor for the property, which was formerly addressed as 14 Clay Street and is bound by the confluence of Commercial and Clay Streets to the north, Dupont Street to the south, and Franklin Street to the west.

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350 West 44th Street’s Exterior Progresses in Hell’s Kitchen, Manhattan

Construction has topped out on 350 West 44th Street, a seven-story residential building in Hell’s Kitchen, Manhattan. Designed by Z Architecture and developed by Yevgeniy Lvovskiy of ZHL Group under the 350 West 44th LLC, the 66-foot-tall structure will span 31,497 square feet and yield 29 condominium units with an average scope of 964 square feet, as well as 3,518 square feet of commercial space, a cellar level, and a 30-foot-long rear yard. YM Pro Corp. is the general contractor for the property, which is located on an interior lot between Eighth and Ninth Avenues, directly south of McCaffrey Playground.

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