Construction teams at TSX Broadway, a mixed-use hotel tower at 1568 Broadway in Times Square, have begun work on the lifting of the Palace Theatre. The historic venue is being hoisted 30 feet above street level to make way for ground-floor retail space.
Articles by Sebastian Morris
Construction has topped out on NOVA, a 24-story condominium tower at 41-05 29th Street in Long Island City, Queens. Developed by SB Development Group, the building will yield 84 units and ground-for retail space. The homes will range from studios up to three-bedroom layouts, and each floor will support no more than five condos.
Rockrose and the Battery Park City Authority (BPCA) have reached a new agreement to retain existing affordable units at Tribeca Pointe at 40 to 50 percent area median income through 2069. Prior to this agreement, the term of the 70 affordable units was set to expire by 2029.
Leasing is now underway at One Clinton Park, a new 28-story mixed-use tower with 352 rental units. Located at 55 Clinton Place in New Rochelle, One Clinton Park is RXR Realty’s latest development in the city’s downtown neighborhood and is on track to open this spring.
The New York City Department of Housing Preservation and Development (HPD) has revealed the first of two new affordable housing properties in the southwest corner of The Bronx. Located in Concourse near the intersection of River Avenue and East 168th Street, Site A will eventually debut as River Commons and will comprise 278 affordable apartments.