Existing view of the 21-23 Park Avenue in Yonkers (Wikipedia)

Rendering Revealed for The Abbey Affordable Housing Project at 21-23 Park Avenue in Yonkers

The Yonkers Panning Board is now considering proposals from Kearney Realty & Development Group to construct a new affordable housing project at 21-23 Park Avenue in Yonkers. The project is known as The Abbey and includes the construction of a new apartment building and a renovation of the Ethan Flagg House and Blessed Sacrament Monastery. Both properties are listed on the National Register of Historic Places.

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262 Fifth Avenue

262 Fifth Avenue Continues Rapid Ascent in NoMad, Manhattan

Construction is continuing to rise on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units averaging 3,200 square feet apiece with at least one becoming a quadruplex. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which located on a 5,000-square foot property on the southwest corner of Fifth Avenue and West 29th Street.

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304 Water Street’s Expansion Progresses in Vinegar Hill, Brooklyn

Construction is progressing on 304 Water Street in Vinegar Hill, Brooklyn, where a two-story industrial structure is being expanded into a four-story residential building. Yatziv Corp. is the general contractor for the property, which was acquired by 304 Water LLC for $1.85 million in a deal brokered by Investment Property Realty Group. The 1,900-square-foot plot is located between Hudson Avenue to the east and Gold Street to the west.

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New Renderings Revealed for The 88 at 153-10 88th Avenue in Jamaica, Queens

New renderings have been released for The 88, an upcoming residential development at 153-10 88th Avenue in Jamaica, Queens. Located at the intersection of 153rd Street and 88th Avenue, the nine-story new construction will comprise 223 studio, one-, and two-bedroom rental units. Thirty percent of the residences will be designated as affordable through the Affordable NY Program with the rest at market rate. Zara Realty is the developer and Corcoran New Development is the exclusive marketing and leasing agent for The 88.

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