Rendering of the new Kimlau Square in Chinatown

New York State Awards $20M to Finance 11 Community Improvement Projects in Chinatown, Manhattan

Manhattan’s Chinatown neighborhood is the latest recipient of a $20 million award from New York State’s Downtown Revitalization Initiative, an economic development program led by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA. The award will support 11 projects across the neighborhood that will improve streetscape connectivity and support the creation of new public gathering spaces, community facilities, and public artworks.

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262 Fifth Avenue

262 Fifth Avenue Residential Supertall Begins Ascent in NoMad, Manhattan

At number eight on on our year-end countdown of the tallest buildings underway in New York is 262 Fifth Avenue, a 1,000-foot-tall residential supertall in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 54-story skyscraper will yield 41 condominium units and 11,000 square feet of retail space on the first two floors. WSP is the structural and M.E.P. engineer and CM & Associates Construction Management is the general contractor for the property, which is located at the southwest corner of Fifth Avenue and West 29th Street.

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Permits Filed for 85-15 Grand Avenue in Elmhurst, Queens

Permits have been filed to expand a one-story structure into a four-story mixed-use building at 85-15 Grand Avenue in Elmhurst, Queens. Located between Simonson Street and Van Kleeck Street, the lot is three blocks from the Grand Avenue – Newtown subway station, serviced by the M and R trains. Xin Lin of 8515 Grand Realty LLC is listed as the owner behind the applications.

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