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30-33 29th Street Tops Out in Astoria, Queens

7:30 am on August 27, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 30-33 29th Street, a seven-story residential building in Astoria, Queens. Designed by Z Architecture and developed by Neel Dvivedi under the 30-33 29th Street Realty LLC, the 70-foot-tall development will span 22,410 square feet and yield 33 rental units with an average scope of 679 square feet, as well as a cellar level, a 30-foot-long rear yard, and 17 open and 17 enclosed parking spaces. The property is located between 30th Avenue and 30th Drive on an interior lot.

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31-48 Crescent Street Tops Out in Astoria, Queens

7:30 am on August 26, 2024 By Michael Young and Matt Pruznick

Construction is topped out on 31-48 Crescent Street, a seven-story residential building in Astoria, Queens. Designed by C3D Architecture and developed by Crescent Properties Development LLC, the structure will span 39,613 square feet and yield 25 rental units and accompanying amenities spread over 22,000 square feet. The property is located on an interior lot between 31st Road and 31st Drive.

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Foundations Underway For 5055 Broadway in Inwood, Manhattan 

7:30 am on August 25, 2024 By Michael Young and Matt Pruznick

Below-grade work is underway at 5055 Broadway, the site of an 11-story mixed-use building in Inwood, Manhattan. Designed by Fischer + Makooi Architects and developed by Timber Equities, the 155-foot-tall structure will span 50,808 square feet and yield 60 rental apartments in one- to two-bedroom layouts, with 25 percent dedicated to affordable housing, as well as amenities and ground-floor retail space. The 7,500-square-foot property is located between West 215th and 216th Streets and was once a surface-level parking lot.

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25 Water Street’s Residential Conversion and Expansion Progresses in Financial District, Manhattan

8:00 am on August 24, 2024 By Michael Young and Matt Pruznick

Construction progressing on 25 Water Street, a 32-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the replacement of the building’s brick façade with a modern fenestration featuring more expansive windows, a gut renovation of its 1.1 million square feet of interiors, and the construction of ten new stories above its former parapet. The overhaul will yield 1,300 apartments, making it the largest office-to-residential conversion in US history by unit count, surpassing the 566-unit redevelopment of One Wall Street a few streets to the north. The property is bound by Water Street to the north, 2 New York Plaza to the south, the New York Vietnam Veterans Memorial to the east, and Broad Street to the west.

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