Residential

Excavation Underway at 1491-1493 First Avenue on Manhattan’s Upper East Side

Excavation is underway at 1491-1493 First Avenue, the site of an upcoming 24-story residential building on the border of Lenox Hill and Yorkville on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou. Previous figures put the height and floor count at 209 feet tall and 24 stories, though a new rendering spotted on site shows a much taller revision. It was last reported that there will be 94 condominium units with an average scope of around 1,900 square feet, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

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109 East 79th Street. Rendering by Noë & Associates with The Boundary

Finishing Touches Underway on 109 East 79th Street on Manhattan’s Upper East Side

Finishing touches are wrapping up on 109 East 79th Street, a 20-story residential building on Manhattan’s Upper East Side. Designed by Steven Harris Architects and developed by Legion Investment Group, the 210-foot-tall structure yields 145,000 square feet and 31 condominium units ranging from two-bedroom layouts to five-bedroom full-floor penthouses, with the largest spanning over 6,000 square feet with a private rooftop terrace. Corcoran Sunshine Marketing Group’s Cathy Franklin Team is leading sales and marketing for the property, which is located on the north side of East 79th Street between Lexington and Park Avenues.

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Housing Lottery Launches for 61 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn

The affordable housing lottery has launched for 61 Clarkson Avenue, a six-story residential building in Prospect Lefferts Gardens, Brooklyn. Designed by Carusone & Cherres Architects and developed by Clarkson Parnasa LLC, the structure yields 11 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $167,570.

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