Madison Realty Capital

75 Dupont Street’s First Phase Progresses in Greenpoint, Brooklyn

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

Exterior work is moving along on the first phase of 75 Dupont Street, an eight-story mixed-use building in Greenpoint, Brooklyn. Designed by Hill West Architects with Whitehall Interiors as the interior designer and Madison Realty Capital as the developer, the 400,000-square-foot structure will yield 471 units with 143 designated for affordable housing, as well as 189 on-site parking spaces and a potential grocery store. Omnibuild is the general contractor for the property, which was formerly addressed as 14 Clay Street and is bound by the confluence of Commercial and Clay Streets to the north, Dupont Street to the south, and Franklin Street to the west.

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625 Fulton Street Reaches The Halfway Mark in Downtown Brooklyn

8:00 am on June 6, 2023 By Michael Young and Matt Pruznick

Construction has reached the halfway mark on 625 Fulton Street, a 35-story mixed-use tower in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the 500-foot-tall structure will yield 1,098 residential units, 26,000 square feet of retail space, and an on-site parking garage for 250 vehicles. Galaxy Developers is the general contractor for the property, which is alternately addressed as 485 Hudson Avenue and bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.

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305 East 61st Street’s Residential Conversion Progresses on Manhattan’s Upper East Side

7:30 am on May 1, 2023 By Michael Young

Renovation and expansion work is progressing on 305 East 61st Street, an 11-story former storage facility in the Lenox Hill section of Manhattan’s Upper East Side. Designed by ADG Architecture and Design and developed by Madison Realty Capital and Alex Forkosh of Forkosh Development Group under the ASF 61 LLC, the project involves a 30-foot vertical addition to the 130-foot-tall structure and the conversion of its 66,200 square feet of interiors to support 35 condominium units in studio to two-bedroom layouts, as well as 8,180 square feet of retail space on the ground floor and mezzanine level. Honest & Quality Corp. is the general contractor for the property, which is located between First and Second Avenues.

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Affordable Housing Lottery Launches for Woodside Central in Woodside, Queens

7:00 am on March 22, 2023 By Vanessa Londono

The affordable housing lottery has launched for Woodside Central, a pair of mixed-use towers consisting of 46-09 69th Street, which rises 15 stories, and 46-10 70th Street, which stands 12 stories in Woodside, Queens. Designed by AKM Architects and developed by Madison Realty Capital under the QB Development Owner LLC, the structures yield a total 478 residences. Available on NYC Housing Connect are 144 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $55,886 to $115,280.

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75 Dupont Street Readies for Excavation in Greenpoint, Brooklyn

7:30 am on January 16, 2023 By Michael Young

Excavation is set to begin at 75 Dupont Street, the site of an eight-story mixed-use building in Greenpoint, Brooklyn. Developed by Madison Realty Capital, the 400,000-square-foot structure will yield 480 homes with 144 designated for affordable housing, as well as 200 on-site parking spaces, community facilities, and a grocery store. Omnibuild is the general contractor for the property, which was formerly addressed as 14 Clay Street and is bound by the confluence of Commercial and Clay Streets to the north, Dupont Street to the south, and Franklin Street to the west.

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