Permits have been filed for a six-story mixed-use building at 561 Manhattan Avenue in Williamsburg, Brooklyn, at an intersection with Driggs Avenue and by the neighborhood’s border with Greenpoint. The site is two blocks from the Nassau Avenue subway station, serviced by the G train. Bi Hang Cheng is listed as behind the applications.
Developers are transforming a formerly brutalist building at 592 Fifth Avenue, on the corner of East 48th Street in Midtown Manhattan, and today YIMBY has the first look at its impending appearance. Formerly occupied by Bank of America, the structure is being refurbished for renewed commercial-retail use, with speculation that Puma could become an anchor tenant.
Plans have been revealed for 670 new affordable apartments within two buildings in Downtown Far Rockaway, Queens. The project comes as part of the neighborhood’s rezoning announced last September. The NYC Economic Development Corporation (NYCEDC) along with the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC) jointly announced the project.
It has been less than four years since permits were filed for 1059 Third Avenue, but thanks to Tectonic we can see the tower has now risen 21 floors above the Upper East Side, on the way to its 30-story pinnacle. The project is one of several new high-rises coming to the neighborhood. Real Estate Inverland and Third Palm Capital are responsible for the development. The site was purchased for $40 million in 2012, costing just over $330 per buildable square foot.
Greystone Development‘s most recent residential project has now topped-off at 24-16 Queens Plaza South. Located in Long Island City, the 23-story tower will eventually comprise over 100,000 square feet, yielding 117 residential units and a full suite of amenities including an open-air rooftop deck, a pool, a fitness center, co-working spaces, and more to be announced upon completion. The latest update comes from The Court Square blog, and also includes a fresh rendering.
