Articles by Michael Young

1305-1307 Third Avenue Reaches Street Level on Manhattan’s Upper East Side

Construction has reached street level at 1305-1307 Third Avenue, the site of an upcoming 18-story, 214-foot-tall residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Beyer Blinder Belle and developed by EJS Development under the 1303 Third LLC, the corner property is expected to yield 38 units and span 97,569 square feet. Triton Construction Industry is the general contractor for the project, which is located at the intersection of Third Avenue and East 75th Street. The developer purchased the 8,178-square-foot site for $32.5 million in March 2021.

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304 Water Street’s Expansion Progresses in Vinegar Hill, Brooklyn

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.

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Demolition Prep Underway at 335 Eighth Avenue in Chelsea, Manhattan

Demolition preparations are underway at 335 Eighth Avenue, the site of an upcoming seven-story residential building in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners, the 200,000-square-foot structure will yield 188 residential units with 30 percent dedicated to affordable housing for low- and middle-income residents under the Affordable NY Program, as well as a 23,000-square-foot Lidl grocery store on the ground floor. Titan Industrial SVC Corp is the demolition contractor and Urban Atelier Group is the general contractor for the property, which is located at the corner of Eighth Avenue and West 26th Street within the Penn South affordable housing cooperative, officially known as Mutual Redevelopment Houses.

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Preliminary rendering of 55 Willoughby Street in Downtown Brooklyn

Excavation Set to Begin at 55 Willoughby Street in Downtown Brooklyn

Excavation is set to begin at 55 Willoughby Street, the site of a 38-story residential tower in Downtown Brooklyn. Designed by Colberg Architecture and developed in a joint venture by Lonicera Partners and Rabina, the structure will yield 295 apartments with 89 units reserved for affordable housing, as well as 3,500 square feet of retail space and more than 12,000 square feet of amenity space for residences. Alba Services is the demolition contractor for the property, which sits on an interior lot between Jay and Lawrence Streets.

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Lincoln at Bankside Welcomes First Residents at 5 Lincoln Avenue in Mott Haven, The Bronx

Lincoln at Bankside is opening its doors to residents at 5 Lincoln Avenue in Mott Haven, The Bronx. Designed by Hill West Architects and developed by Brookfield Properties, the project features four 26-story towers with 921 residences, 40,000 square feet of amenities, a 32,000 square foot waterfront esplanade along the Harlem River, four new retail spaces, and 329 indoor parking spaces. Whitehall Interiors designed the residential interiors, which are split into 644 market-rate units and 277 affordable housing units. Following the 2017 creation of the Special Harlem River Waterfront Zoning District that was approved by the New York City Council, construction broke ground in May 2020 and topped out in October of 2021. Move-ins begin this month.

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