New York YIMBY

Render of 26-01 4th Street, courtesy of Lu Ning Architecture

Developer Secures Bridge Loan to Complete 26-01 4th Street In Astoria, Queens

7:30 am on February 29, 2024 By Max Gillespie

Developers have secured a $60.25 million bridge loan to complete construction on 26-01 4th Street, a 13-story residential building in the Hallets Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 parking spaces. New Land Capital arranged the loan from Slate Property Group and LibreMax Capital for the property, which is located at the corner of 4th Street and 26th Avenue.

Housing Lottery Launches for 4622 Fort Hamilton Street in Borough Park, Brooklyn

7:00 am on February 29, 2024 By Vanessa Londono

The affordable housing lottery has launched for 4622 Fort Hamilton Parkway, a six-story mixed-use building in Borough Park, Brooklyn. Designed by Ying Jiang of Basic Groups Corp. and developed by U.S. Developments Group, the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,715 to $165,230.

Permits Filed for 334 Douglass Street in Gowanus, Brooklyn

6:30 am on February 29, 2024 By Vanessa Londono

Permits have been filed for an eight-story mixed-use building at 334 Douglass Street in Gowanus, Brooklyn. Located between 3rd and 4th Avenues, the lot is near the Union Street subway station, serviced by the R train. William Bomar is listed as the owner behind the applications.

Disney Headquarters Nears Completion at 7 Hudson Square in Hudson Square, Manhattan

8:00 am on February 28, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on The Walt Disney Company’s 22-story New York headquarters at 7 Hudson Square in Hudson Square, Manhattan. Designed by Skidmore, Owings & Merrill and developed by Silverstein Properties, 338-foot-tall structure will yield 1.2 million square feet of offices, film and production studios, and ground-floor retail space. Lendlease is the general contractor for the project, which is alternately addressed as 137 Varick Street and formerly addressed as 4 Hudson Square, and stands on an 85,600-square-foot full-block plot bound by Vandam Street to the north, Spring Street to the south, Varick Street to the east, and Hudson Street to the west.

Permits Filed For 100 Boerum Place In Cobble Hill, Brooklyn

7:30 am on February 28, 2024 By Max Gillespie

Construction permits have been filed for 100 Boerum Place, a 60,000-square-foot residential building in Cobble Hill, Brooklyn. Designed by Brooklyn-based Brent Buck Architects and developed by Avdoo & Partners Development, the project is slated to begin construction in July on a 17,000-square-foot plot at the corner of Boerum Place and Pacific Street.

Housing Lottery Launches for 1638 Park Avenue in East Harlem, Manhattan

7:00 am on February 28, 2024 By Vanessa Londono

The affordable housing lottery has launched for 1638 Park Avenue, a nine-story residential building in East Harlem, Manhattan. Designed by Marin Architects and developed by Affect Property Group, the structure yields 24 residences. Available on NYC Housing Connect are six units for residents at 40 to 80 percent of the area median income (AMI), ranging in eligible income from $31,818 to $122,000.

Permits Filed for 402 Manhattan Avenue in East Williamsburg, Brooklyn

6:30 am on February 28, 2024 By Vanessa Londono

Permits have been filed for a six-story mixed-use building at 402 Manhattan Avenue in East Williamsburg, Brooklyn. Located between Meeker Avenue and Frost Street, the lot is near the Graham Avenue subway station, serviced by the L train. Daniel Kaykov of Giron Contracting Inc. is listed as the owner behind the applications.

Rendering of completely repurposed 25 Water Street, New York City, from office to residential, courtesy of CetraRuddy.

25 Water Street’s Expansion Tops Out in Financial District, Manhattan

8:00 am on February 27, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 25 Water Street, a 32-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by CetraRuddy and developed by GFP Real Estate, Metro Loft Management, and Rockwood Capital, the project involves the construction of ten stories above the parapet of the former 22-story office building, the replacement of much of its old façade with a modern fenestration featuring more expansive glass, and the gut renovation of its 1.1 million square feet of interiors into 1,300 rental units.

Updated rendering of 500 Main Street - Niles Bolton Associates; BRP Companies

500 Main Street Progresses in Downtown New Rochelle, New York

7:30 am on February 27, 2024 By Michael Young and Matt Pruznick

Construction is moving along on 500 Main Street, a 26-story mixed-use tower in downtown New Rochelle, New York. Designed by Niles Bolton Associates and developed by BRP Companies and the Urban Investment Group of Goldman Sachs Asset Management, the $200 million project will span 620,000 square feet and yield 477 rental apartments in studio to two-bedroom layouts, with 119 units dedicated to affordable housing, as well as 20,000 square feet for the New York Covenant Church, 2,000 square feet of retail space, and a 429-vehicle parking garage with electric vehicle charging stations. Skycore Builders Inc. is the general contractor for the development, which is being built on a 22,500-square-foot corner lot at the intersection of Main and Church Streets.

Permits Filed For 790 Liberty Avenue In East New York, Brooklyn

7:00 am on February 27, 2024 By Max Gillespie

Construction permits have been filed for an eight-story residential building at 790 Liberty Avenue in East New York, Brooklyn. Designed by Jay Architect & Engineering, the 80-foot-tall structure will span 35,513 square feet and yield 53 units, as well as 14 enclosed and seven open parking spaces. The permit is a post-approval amendment to a filing made early 2022 that was approved under the New York City 421A permitting program, which expired in June 2022. This amendment allows the site to maintain its 421A tax exemption. David Goldberger is listed as the owner of the property, which is located at the corner of Liberty Avenue and Berriman Street.

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