Mixed-Use

Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on July 2, 2022 By Michael Young

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

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Rendering of venue entry and reception area at 92NY - Beyer Blinder Belle

92NY Breaks Ground on $200M Redevelopment at 1395 Lexington Avenue on Manhattan’s Upper East Side

7:30 am on July 2, 2022 By Sebastian Morris

This month, the 92nd Street Y kicked-off a multi-phase redevelopment of its historic headquarters on the Upper East Side, Manhattan. Located at 1395 Lexington Ave at the corner of East 92nd Street, the $200 million restoration project will help the organization enrich the services, events, and facilities it provides to its visitors and the local Manhattan community.

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69 Adams Street Climbs Above Podium Levels in DUMBO, Brooklyn

8:00 am on June 30, 2022 By Michael Young

Construction is rising on 69 Adams Street, a 26-story mixed-use building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by The Rabsky Group, the 280-foot-tall structure will yield 258,200 square feet with 225 units ranging from studios to two-bedroom layouts as well as 102,078 square feet of ground-floor retail space with 60 feet of frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, Adams Street to the west, York Street to the south, and the elevated Manhattan Bridge roadway to the immediate east.

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58 Saint Marks Place Completes Construction in Boerum Hill, Brooklyn

8:00 am on June 29, 2022 By Michael Young

Construction is complete on 58 Saint Marks Place, a 12-story residential building in Boerum Hill, Brooklyn. Designed by INC Architecture & Design with Issac & Stern as the architect of record and developed by Avdoo & Partners, the rectangular reinforced concrete structure yields 100 units in 45 unique floor plans. Homes range from studio through four-bedroom layouts. LIC Corporation served as the general contractor for the project, which spans nearly the full length of the block bound by Fourth Avenue to the east, St. Mark’s Place to the north, and Willie McDonald Way to the south.

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