Residential

Aerial rendering of the New York City Football Club soccer stadium in Willets Point, Queens

New York City Football Club Reveals Renderings of 25,000-Seat Willets Point Soccer Stadium in Corona, Queens

7:30 am on May 13, 2023 By Sebastian Morris

In a meeting with Willets Point Queens Community Board 7, the New York City Football Club presented its plans to construct a 25,000-seat soccer stadium near Citi Field in Corona, Queens. Known as the Willets Point Revitalization Plan, the scope of work also includes a 100-percent affordable housing project with more than 2,500 units, a 650-seat school, a 250-key hotel, retail and dining locations, and more than 40,000 square feet of public open space.

Governor Hochul Announces Construction of 698-Unit Development at 405-407 West 206th Street in Inwood, Manhattan

7:00 am on May 12, 2023 By Vanessa Londono

This week Governor Kathy Hochul announced the start of construction on a $416 million residential development in Inwood, Manhattan. The two-building, mixed-income project at 405 and 407 West 206th Street will bring nearly 700 apartments with 281 affordable units with free broadband internet, all-electric heating and cooling, and other sustainable features in line with the state’s climate goals. The development is a joint venture among LMXD affiliate of L+M Development Partners, MSquared, and Taconic Partners with the Community League of the Heights as the community sponsor, and Beyer Blinder Belle Architects responsible for design.

262 Fifth Avenue Quickly Rises Over NoMad, Manhattan

8:00 am on May 11, 2023 By Michael Young and Matt Pruznick

Construction is quickly taking shape on 262 Fifth Avenue, a 54-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 41 condominium units. GEA Consulting Engineers are the MEP engineer of record, and CM & Associates Construction Management is the general contractor for the property, which is located at the southwest corner of Fifth Avenue and West 29th Street.

Rendering of Sherman Plaza at 4650 Broadway - Courtesy of View, Inc.

Residential Tower at 4650 Broadway Tops-Out in Inwood, Manhattan

7:30 am on May 11, 2023 By Sebastian Morris

Construction has topped out on Sherman Plaza, a 19-story mixed-use building at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects and developed by Arden Group, the structure will yield 222 rental apartments, lower-level retail space, a community facility, and tenant amenities. The latter will include a fitness center, a children’s playroom, a resident lounge, and multiple outdoor terraces.

LPC Designates the Linden Street Historic District in Bushwick, Brooklyn

6:30 am on May 11, 2023 By Vanessa Londono

This week the New York City Landmarks Preservation Commission (LPC) designated the Linden Street Historic District in Bushwick due to the neighborhood’s historic streetscape and distinctive row houses designed by Brooklyn architects.

KPF’s 520 Fifth Avenue Supertall Continues its Ascent in Midtown, Manhattan

8:00 am on May 10, 2023 By Michael Young and Matt Pruznick

Construction is rising on 520 Fifth Avenue, a 76-story residential supertall in Midtown, Manhattan. Designed by Kohn Pedersen Fox and developed by Rabina, which took over from Ceruzzi Properties and SMI USA in 2019, the 1,000-foot-tall skyscraper will yield 507,608 square feet with 98 residential units, as well as commercial space on the lower floors and four cellar levels. WSP is the structural engineer, DeSimone Consulting Engineers is the façade consultant, and Suffolk Construction is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 43rd Street, one block north of Bryant Park.

Gindi Capital, Avery Hall Secure $110M Construction Financing for 204 4th Avenue in Gowanus, Brooklyn

7:00 am on May 10, 2023 By Vanessa Londono

This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction will also have an expansive amenity package including a rooftop lounge and pool. Affinius Capital LLC provided the construction financing for the project with financing arranged by Christopher Peck and Peter Rotchford of JLL.

Rendering of 12 West 57th Street by Skidmore, Owings & Merrill

Final Demolition Underway For SOM’s 12 West 57th Street in Midtown, Manhattan

8:00 am on May 9, 2023 By Michael Young and Matt Pruznick

Demolition is underway on the final two buildings at 12 West 57th Street, the site of a 672-foot-tall residential skyscraper in Midtown, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Solow Management Corp., the tower will rise along Billionaires’ Row between Fifth and Sixth Avenues and West 56th and 57th Streets.

NOVA at at 41-05 29th Street - Photo by Michael Young

NOVA Granted Temporary Certificate of Occupancy at 41-05 29th Street in Long Island City, Queens

7:00 am on May 9, 2023 By Sebastian Morris

NOVA, a high-rise condominium property at 41-05 29th Street in Long Island City, has been granted a Temporary Certificate of Occupancy from New York City’s Department of Buildings. Led by SB Development, the building contains 86 apartments, an expansive collection of amenities, and 2,300 square feet of ground-floor retail space.

Permits Filed for 767 East 232nd Street in Wakefield, The Bronx

6:30 am on May 9, 2023 By Vanessa Londono

Permits have been filed for a four-story residential building at 767 East 232nd Street in Wakefield, The Bronx. Located between White Plains Road and Barnes Avenue, the lot is steps from the 233rd Street subway station, serviced by the 2 and 5 trains. Kol Zefi of East 232 Builders LLC is listed as the owner behind the applications.

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