Residential

Rendering of 14-16 Fifth Avenue; Front elevation - Robert A.M. Stern Architects, Madison Realty Capital

Work On Hold at 14 Fifth Avenue in Greenwich Village, Manhattan

Foundation work is temporarily on hold at 14 Fifth Avenue, the site of a 19-story residential building in Greenwich Village, Manhattan. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominiums. CM & Associates is the general contractor for the property, which is located between East 8th and East 9th Streets, just north of Washington Square Park.

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Rendering of 70 Pier Street in Yonkers - Ginsburg Development Companies

Construction Begins on a New Multifamily Rental Building at 70 Pier Street in Yonkers

Developers and local officials recently gathered to celebrate the beginning of construction at 70 Pier Street, a new multifamily rental property in Yonkers, New York. Led by Ginsburg Development Companies, the four-story building is located in the city’s Ludlow neighborhood and will eventually contain 36 rental apartments, ground-floor retail space, and parking garage for up to 35 vehicles.

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350-Unit Residential Development Unveiled for at 499 President Street in Gowanus, Brooklyn

This week The Brodsky Organization announced the acquisition of 499 President Street in Gowanus, Brooklyn. The developer will partner with Avery Hall Investments to begin construction on a mixed-use multi-family residential building. When completed, 499 President Street will include 350 market-rate and affordable rental apartments, a range of resident amenities, and 20,000 square feet of ground-floor retail space. SLCE Architects is responsible for the design.

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