Residential

Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on July 2, 2022 By Michael Young

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

Permits Filed for 406 Midwood Street in Prospect Lefferts Gardens, Brooklyn

6:30 am on July 2, 2022 By Vanessa Londono

Permits have been filed for a four-story residential building at 406 Midwood Street in Prospect Lefferts Gardens, Brooklyn. Located between New York and Brooklyn Avenues, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Jacob Scherman under the Homeland Property Group LLC is listed as the owner behind the applications.

Olympia’s Façade Nears Completion at 30 Front Street in DUMBO, Brooklyn

8:00 am on July 1, 2022 By Michael Young

Façade work is wrapping up on Olympia, a 33-story residential tower at 30 Front Street in DUMBO, Brooklyn. Designed by Hill West Architects and developed by Fortis Property Group, the 401-foot-tall sail-shaped structure will yield 76 condominium units in one- to five-plus-bedroom layouts with interiors by Workstead. Sales and marketing are being led by Fredrik Eklund and John Gomes of the Eklund Gomes Team at Douglas Elliman and Karen Heyman at Sotheby’s, and Urban Atelier Group is the general contractor for the property, which is bound by Front Street to the north, Washington Street to the east, and York Street to the south.

Rendering of Halo at 289-301 Washington Street - INOA Architecture

Halo Three-Tower Development Breaks Ground at 289-301 Washington Street in Newark, New Jersey

7:30 am on July 1, 2022 By Sebastian Morris

Site excavation and foundation work is now underway for Halo, a three-tower high-rise development that will eventually be one of the tallest buildings in Newark, New Jersey. Located at 289-301 Washington Street, the 38-, 42-, and 46-story towers will comprise a mix of rental apartments, residential amenities, and a multi-level parking garage. The tallest tower will top out at 573 feet.

Permits Filed for 431 Seventh Avenue in Park Slope, Brooklyn

6:30 am on July 1, 2022 By Vanessa Londono

Permits have been filed for a six-story residential building at 431 Seventh Avenue in Park Slope, Brooklyn. Located between 14th and 15th Streets, the lot is near the 15th Street subway station, serviced by the F and G trains. Harel Edery of EDRE Development is listed as the owner behind the applications.

69 Adams Street Climbs Above Podium Levels in DUMBO, Brooklyn

8:00 am on June 30, 2022 By Michael Young

Construction is rising on 69 Adams Street, a 26-story mixed-use building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by The Rabsky Group, the 280-foot-tall structure will yield 258,200 square feet with 225 units ranging from studios to two-bedroom layouts as well as 102,078 square feet of ground-floor retail space with 60 feet of frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, Adams Street to the west, York Street to the south, and the elevated Manhattan Bridge roadway to the immediate east.

Betances Residence in Mott Haven - COOKFOX Architects

Betances Residence Completes Construction at 443 East 142nd Street in Mott Haven, The Bronx

7:30 am on June 30, 2022 By Sebastian Morris

Breaking Ground has completed construction on Betances Residence, a 152-unit affordable and supportive housing property at 443 East 142nd Street in Mott Haven, The Bronx. The development is Breaking Ground’s first Passive House-certified building and was completed in partnership with New York City Housing Authority (NYCHA) and the New York City Department of Housing Preservation and Development (HPD).

Permits Filed for 665 East 183rd Street in Belmont, The Bronx

6:30 am on June 30, 2022 By Vanessa Londono

Permits have been filed for a six-story mixed-use building at 665 East 183rd Street in Belmont, The Bronx. Located between Belmont Avenue and Cambreleng Avenue, the lot is closest to the 182-183 Street subway station, serviced by the B and D trains. Nikolin Mjerashaj under the 3539 Drinon LLC is listed as the owner behind the applications.

58 Saint Marks Place Completes Construction in Boerum Hill, Brooklyn

8:00 am on June 29, 2022 By Michael Young

Construction is complete on 58 Saint Marks Place, a 12-story residential building in Boerum Hill, Brooklyn. Designed by INC Architecture & Design with Issac & Stern as the architect of record and developed by Avdoo & Partners, the rectangular reinforced concrete structure yields 100 units in 45 unique floor plans. Homes range from studio through four-bedroom layouts. LIC Corporation served as the general contractor for the project, which spans nearly the full length of the block bound by Fourth Avenue to the east, St. Mark’s Place to the north, and Willie McDonald Way to the south.

Aerial rendering of the Starhill affordable housing complex - Marvel Architects

Developers Secure Financing for Starhill Affordable Housing at 1600 Grand Avenue in Morris Heights, The Bronx

7:30 am on June 29, 2022 By Sebastian Morris

Services for the UnderServed (S:US) and Bronx Pro have closed on a sizeable construction loan to complete the first phase of a dual-tower affordable housing project in the Morris Heights section of The Bronx. Phase one of the development, a 14-story residential tower, is located at 1600 Grand Avenue and will comprise 325 units.

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Residential

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