Residential

Rendering of 542 Dean Street

HPD Selects Project Team for Low-Income Housing Development at 542 Dean Street in Prospect Heights, Brooklyn

New York City’s Department of Housing Preservation and Development (HPD) has selected a trio of companies to convert an existing parking lot into a low income housing property for seniors and the formerly homeless. Located at 542 Dean Street in Prospect Heights, transformation of the city-owned lot will be led by Jobe Development Corp., Mega Group Development, and the Institute for Community Living, a non-profit agency based in New York.

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Rendering of 50 West 66th Street - Snøhetta

50 West 66th Street Gains Prominence Above Manhattan’s Upper West Side

Construction continues to rise on 50 West 66th Street, a 69-story residential skyscraper on Manhattan’s Upper West Side. Designed by Snøhetta with SLCE Architects as the executive architect and developed by Extell and Tennor Holding, the 775-foot-tall structure will yield 127 condominium units and stand as the tallest building on the Upper West Side. Lendlease is the general contractor for the project, which is located on an interior lot between Columbus Avenue and Central Park West with frontage on both West 65th and West 66th Streets.

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61 Metropolitan Avenue Rises in Williamsburg, Brooklyn

Construction is rising on 61 Metropolitan Avenue, a seven-story residential building in Williamsburg, Brooklyn. Designed by Francisco Nunez of Studio Gallos and developed by Gabriel Grunblatt under the 61 Metropolitan LLC, the 74-foot-tall structure will span 24,257 square feet and yield 24 rental units with an average scope of 704 square feet, as well as 245 square feet of community facility space, a cellar level, and a 32-foot-long rear yard. G Group Associates is the general contractor for the property, which is located on an interior lot between Kent Avenue to the north and Wythe Avenue to the south.

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Aerial view of Midtown Manhattan - Department of City Planning

Mayor Adams Moves Forward with Midtown South Neighborhood Plan to Facilitate Office-to-Residential Conversions in Midtown, Manhattan

Mayor Eric Adams has ushered in the next phase of the Midtown South Neighborhood Action Plan, a community development plan aimed at facilitating the conversion of office properties into multifamily residential buildings. Over time, the plan will update existing zoning rules and administrative hurdles that slow down the process for developers.

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