Commercial

Excavation and Foundations Progressing at 241 West 28th Street in Chelsea, Manhattan

7:30 am on June 20, 2021 By Michael Young

Below-grade work is progressing at 241 West 28th Street, a 22-story, 479-unit residential project in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the two-tower development recently acquired $173 million in construction financing arranged by Maverick Commercial Properties. MAG Partners acquired the Midtown, Manhattan property in December 2018 and established a 99-year ground lease with Edison Properties. 241 West 28th Street is located between Seventh and Eighth Avenues and will have 30 percent of residential units reserved for low- and middle-income households. Urban Atelier Group is the general contractor.

Massing diagram illustrates Stevens Commons with expanded buildings - WXY Architecture

Stevenson Commons Expansion Project in The Bronx Proceeds to Next Step of Review by the Department of City Planning

7:00 am on June 20, 2021 By Sebastian Morris

The Department of City Planning is now reviewing Environmental Impact Statements for a six-building expansion of Stevenson Commons in the Soundview section of The Bronx. Owned by Camber Property Group, the development site is located at White Plains Road and 1850 Lafayette Avenue and currently comprises nine Mitchell-Lama buildings spanning 990,050 square feet.

120 5th Avenue in Park Slope, Brooklyn via Google Maps

New Details Emerge for Mixed-Use Residential Development at 120 5th Avenue in Park Slope, Brooklyn

6:30 am on June 20, 2021 By Vanessa Londono

Joint developers William Macklowe Company and Senlac Ridge Partners recently released new details for the planned mixed-use development at 120 5th Avenue in Park Slope, Brooklyn. Currently the site holds a Key Food supermarket that is set to close its doors by August 12.

Three-Acre Development Site Now on Sale at 385-425 Bay Street in Staten, Island

7:00 am on June 19, 2021 By Sebastian Morris

A rare waterfront development site recently entered the market in the Stapleton section of Staten Island. The site comprises a 72,000-square-foot lot at 385 Bay Street and an 88,265-square-foot lot at 425 Bay Street. The entire site spans 3.67 acres and is zoned for both residential and commercial use.

Demo Permits Filed for 4650 Broadway in Inwood, Manhattan

6:30 am on June 19, 2021 By Vanessa Londono

Full demolition permits have been filed for 4650 Broadway in Inwood, Manhattan. Joseph Caruso under the Aqozfi Inwood LLC is listed as the owner. Located at the intersection of Broadway and Sherman Avenue, the 47,175-square-foot site has 180 feet of street frontage.

The Charlotte’s Façade Nears Completion at 25 Columbus Drive in Jersey City

8:00 am on June 18, 2021 By Michael Young

Exterior work is nearing completion on The Charlotte, a 626-foot-tall mixed-use skyscraper at 25 Columbus Drive in Jersey City. Designed by Elkus Manfredi Architects and developed by Mack-Cali’s Roseland Residential Trust, the 57-story tower will yield 750 units with interiors designed by Fogarty Finger and a school in the podium designed by KSS Architects. Melillo + Bauer Associates is the landscape architect, DeSimone Consulting Engineers is the structural engineer, and AMA Consulting Engineers is the mechanical engineer for the project, which is bound by Christopher Columbus Drive to the north, Montgomery Street to the south, Washington Street to the east, and Warren Street to the west.

View of La Central - Photo courtesy of Julienne Schaer

First Two Properties Debut at La Central Affordable Housing Complex in Melrose, The Bronx

7:30 am on June 18, 2021 By Sebastian Morris

This week, developers celebrated the completion of two new affordable housing properties within the sprawling La Central residential complex in Melrose, The Bronx. Located at 556 and 600 Bergen Avenue, buildings A and B comprise nearly 500 income-restricted units, a new YMCA, a production studio for BronxNet, a rooftop farm operated by GrowNYC, and a mix of retail businesses.

1,100-Foot Supertall Proposed for 41-47 West 57th Street in Midtown, Manhattan

8:00 am on June 17, 2021 By Michael Young

It looks like Billionaires’ Row is about to get another supertall in the near future. Plans for a mixed-use 1,100-foot-tall tower at 41-47 West 57th Street have been spotted according to the New York DOB, where the applicant, BOB 57, LLC., proposes a 63-story supertall with just under 443,100 square feet of newly built space. About 237,100 square feet will be devoted toward residential usage with 119 units, while nearly 205,100 square feet of commercial space will make room for a 158-room hotel and a 10,212-square-foot restaurant. The Midtown, Manhattan site is located between Fifth and Sixth Avenues and has frontage along both West 57th and West 58th Streets. This would be the tallest structure between SHoP Architects‘ 111 West 57th Street and Rafael Vinoly‘s 432 Park Avenue.

Rendering of 5203 Center Boulevard - Courtesy of TF Cornerstone

Housing Lottery Launches for TF Cornerstone’s 5203 Center Boulevard in Long Island City, Queens

7:30 am on June 17, 2021 By Vanessa Londono

A new mixed-income development from TF Cornerstone in Long Island City, Queens launched its housing lottery on NYC Housing Connect. Designed by ODA Architects, 5203 Center Boulevard will have 800 rental apartments with 534 units designated as permanently affordable. Affordable housing is for residents at 40 to 165 percent of the area median income, ranging in eligible income from $20,606 to $212,685. SLCE is the architect of record and Mathews Nielsen Landscape Architects designed the adjacent 22,000-square-foot park.

15 Greenwich Avenue in Greenwich Village, Manhattan via Google Maps

Demo Permits Filed for 15 Greenwich Avenue in Greenwich Village, Manhattan

6:30 am on June 17, 2021 By Vanessa Londono

Full demolition permits have been filed for 15 Greenwich Avenue in Greenwich Village, Manhattan. Located between West 10th Street and Christopher Street, the 1,500-square-foot site has 20 feet of street frontage.

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