Mixed-Use

Four-Building 240 Nassau Street Complex to Begin ULURP Process Next Month in Vinegar Hill, Brooklyn

By Vanessa Londono

Yesterday the Department of City Planning posted the 30-day Certification Notice for 240 Nassau Street, signaling the ULURP approval process will begin next month for a four-building mixed-use development project by Alloy Development. The project will yield approximately 1,500 rental apartments across three buildings, including 300 affordable homes, as well as a new public school, community facility and cultural centers, retail, and almost an acre of new outdoor space. The property is located between Navy Street and Gold Street.

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301 East 71st Street. Designed by SLCE Architects.

Renderings Reveal 30-Story Residential Tower at 301 East 71st Street on Manhattan’s Upper East Side

By Michael Young and Matt Pruznick

Renderings have been revealed for 301 East 71st Street, a 30-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 340-foot-tall structure will yield 70 rental units, with 18 designated as affordable housing. The property is located at the northeast corner of Second Avenue and East 71st Street.

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Developers Secure Capitalization for 1,100-Unit Building at 175 Third Street in Gowanus, Brooklyn

By Max Gillespie

Charney Companies and Tavros Capital have closed on construction capitalization for 175 Third Street, the fifth and largest building in the Gowanus Wharf masterplan in Gowanus, Brooklyn. Designed by Bjarke Ingels Group (BIG), the 27-story structure will span approximately 1.1 million square feet and deliver nearly 1,100 residences, with 25 percent of the apartments designated as permanently affordable. The property is located between 3rd Avenue and the Gowanus Canal.

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242 East 71st Street. Photo by Michael Young.

Excavation Progresses for RAMSA’s 242 East 71st Street on Manhattan’s Upper East Side

By Michael Young

Excavation and pilings are progressing at 242 East 71st Street, the site of a 22-story residential tower in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects and developed by Avdoo, the 172,000-square-foot structure is slated to yield 50 condominium units, ground-floor retail space, and enclosed parking. The nearly 10,000-square-foot property is located at the southwest corner of Second Avenue and East 71st Street.

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277 Canal Street. Designed by Morris Adjmi Architects.

LPC to Review Plans for 21-Story Residential Building at 277 Canal Street in Soho, Manhattan

By Michael Young and Matt Pruznick

Today, the New York City Landmarks Preservation Commission (LPC) will begin reviewing plans for 277 Canal Street, a proposed 21-story mixed-use residential building in the Soho Cast Iron Historic District. Designed by Morris Adjmi Architects and developed by United American Land, the project will add 18 floors atop the Oltarsh Building, which has occupied the property since 1927. The 145,880-square-foot structure will yield 143 rental units with an average scope of 975 square feet, including 31 reserved for affordable housing, as well as 6,510 square feet of ground-floor retail.

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