Construction is wrapping up on The Benson, an 18-story condominium building at 1045 Madison Avenue in the Carnegie Hill section of the Upper East Side. Designed by Peter Pennoyer and developed by The Naftali Group, the 210-foot-tall reinforced concrete structure will yield 16 residential units spread across 59,032 square feet, for an average of 3,700 square feet apiece, as well as 3,993 square feet of ground-floor retail space. The inventory of homes includes three penthouses, and the majority of the units feature full-floor layouts. Leeding Builders Group is the general contractor of the project, which is located between East 79th and East 80th Streets, a short walk from Central Park.
Exterior work is getting closer to completion on 150 East 78th Street, a 16-story residential building on Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects and developed by Midwood Investment & Development and EJS Group, the 205-foot-tall structure will yield 25 units in three- to five-bedroom layouts spread across 68,293 square feet as well as 3,739 square feet of ground-floor retail. Ismael Leyva Architects is the executive architect and residential layout designer for the project, which is located at the corner of East 78th Street and Lexington Avenue. Sales are underway and are being handled by Compass Development Marketing Group.
Yesterday afternoon Governor Kathy Hochul revealed numerous new renderings of what the outdated 53-year-old Penn Station and the surrounding Midtown, Manhattan district could soon become. Despite being slightly downsized by 7 percent from former Governor Cuomo’s ten-building master plan, the new proposal still encompasses an incredible 18.3 million square feet of construction and redevelopment. Vornado Realty Trust is the developer of the master plan, which is expected to take four to five years to complete and cost between $6-7 billion.
Façade installation is continuing to progress on 200 East 83rd Street, a 35-story residential tower on Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 243,128-square-foot reinforced concrete superstructure will yield 86 units spread over 205,877 square feet, averaging 2,393 square feet apiece. Sales for the homes are currently underway and are being handled by Compass. SLCE Architects is the architect of record and Leeding Builders Group is the general contractor for the project, which is located at the corner of Third Avenue and East 83rd Street.
Excavation work is ramping up at 22-11 31st Street, the site of a three-story retail structure with a Target store in Astoria, Queens. Developed by Jenel Real Estate, the building will yield 97,314 square feet with 175 feet of frontage along 31st Street. Pav-Lak Contracting, Inc. is the general contractor for the property, which was previously occupied by a two-story Key Food supermarket until its demolition in 2020. Target signed a lease with A&H Acquisitions and will provide a variety of households needs, décor, men’s and women’s apparel and accessories, baby and children’s apparel and toys, an adult beverage section, a CVS Pharmacy and Order Pickup, and tech and fitness accessories.