Residential


1992 Madison Avenue

Four-Story Townhouse Getting Four-Unit Renovation At 1992 Madison Avenue, East Harlem

Property owner Charles Manuel, doing business as Green Complex, is planning to renovate the long-vacant, four-story townhouse at 1992 Madison Avenue, between East 126th and 127th Streets in East Harlem. According to Harlem+Bespoke, the former two-family, 5,220 square-foot building will be carved into four residential units, although it’s not known if rentals or condos are in the works. Francisco Perez’s New Jersey-based Axonal Design is the applicant of record.

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21-11 74th Street

Three-Story, Three-Unit Residential Project Coming To 21-11 74th Street, East Elmhurst

Late last year, YIMBY reported on permits for a small three-story, two-unit residential project at 21-11 74th Street, located on the western end of East Elmhurst. Now, permits have recently been amended to build a structure with three units. The building will measure 3,315 square feet in total, and full-floor units will average 1,105 square feet apiece, indicative of condominiums. Konstantine Drakopoulos is the property owner and Queens-based Gerald Caliendo is the architect of record. The site’s former 1.5-story home was demolished last year.

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One Journal Square

Tax Breaks Approved For One Journal Square’s 56-Story, 744-Unit Mixed-Use Tower, Jersey City

Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.

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