Filings for new residential buildings have slowed to a crawl as the real estate lobby and the construction unions fight over the future of the 421-a tax abatement, but commercial development is alive and well across the city. Yesterday, we spotted plans for a six-story office building at 77 Chrystie Street in the Lower East Side.
Elmhurst’s development boom is expanding westward into Maspeth. We have a look at a four-story commercial and medical office building headed to 54-08 74th Street, in the industrial borderlands between Maspeth and Elmhurst.
The last time we checked on 45 East 22nd Street, in the Flatiron District, the 65-story condo tower had risen only a dozen floors. Now, the structure has reached its rooftop, easily surpassing the 600-foot-tall One Madison nearby. Tectonic recently swung by the site and gave us an update on the construction progress.
The stretch of western Astoria that runs next to Hallets Point and south of Astoria Park hasn’t seen much new residential construction, but the development tide has begun to turn in the solidly middle-class neighborhood. A six-story building is coming to 8-29 Astoria Boulevard, mid-block between 8th and 12th streets.
Back in 2003, Sal Faraone helped open the Brooklyn Motor Inn on Hamilton Avenue in industrial Red Hook, above an entrance to the Brooklyn-Battery Tunnel. “‘People come in and say, ‘Is it dangerous, this neighborhood?'” he told the Times. “They don’t know it’s up and coming.” Now Faraone hopes to build another hotel in a forlorn industrial area. He’s filed plans for a four-story inn at 110 South Bridge Street in Richmond Valley, Staten Island.