Construction is rising on 1299 Third Avenue, a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April 2022, the 420-foot-tall structure will yield 47 condominium units. Press Builders is the general contractor for the property, which is located between East 74th and East 75th Streets.
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.
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.
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.
Construction teams have broken ground at 212 West 124th Street, the site of a new affordable housing tower within the Marcus Garvey Village complex in Central Harlem. From developer Carthage Real Estate Advisors and Body Lawson Associates Architects and Planners, the new building is expected to debut next winter.
