Residential

29-37 41st Avenue

New Developer Acquires Site of Planned 70-Story, 930-Unit Mixed-Use Tower at 29-37 41st Avenue, Long Island City

The Durst Organization has acquired, for $173.5 million, the high-profile mixed-use development site at 29-37 41st Avenue, in Long Island City’s Court Square section. The new owner plans to build a tower with 1,000 rental apartments, rising as tall as 914 feet above street level, the New York Times reported. It’s expected that 25 percent, or 250 units, will rent at below-market rates through the housing lottery, Real Estate Weekly reported. The project would also include the creation of a half-acre public park. The sale included the vacant 14-story, 49,300-square-foot commercial building at 27-29 Queens Plaza North, an individual landmark, which was expected to receive a renovation by the same previous developers.




321 East 96th Street

New Details Revealed: 68-Story, 1,100-Unit Mixed-Use Project at 321 East 96th Street, East Harlem

A rendering of the base has been revealed, along with new details, of the 1,100-unit mixed-use development proposed at 321 East 96th Street, located in East Harlem near the border of the Upper East Side. The latest plans call for a 1.3-million-square-foot complex featuring a 68-story tower, DNAinfo reported. It includes a total 270,000 square feet of space for three academic facilities: the School of Cooperative Technical Education (COOP Tech), a vocational trade school currently located on-site in a four-story building, and Heritage School and Park East High School, two public high schools with existing facilities nearby.

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247 Cherry Street and 252 South Street, image from JDS

De Blasio’s Housing Policy Unravels as NIMBYs Attack Partially Affordable Developments on the Lower East Side

As Mayor de Blasio’s initiatives to create affordable housing continue to fail, bright spots for advocates of a better and more inclusive New York City are few and far between. In the Two Bridges area of the Lower East Side, JDS, Extell, CIM, L+M, and the Starrett Group are planning five new towers with 700 affordable units. NIMBYs don’t care. Despite all that affordable housing, red herrings went flying at a community meeting last night, and the echo chamber of outrage reverberated all the way onto the internet.

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