Retail

Foundations Underway At 1026 Third Avenue on Manhattan’s Upper East Side

Excavation and foundations are progressing at 1026 Third Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, which purchased three adjacent properties for $34 million in July of 2022, the 273-foot-tall structure will span 100,000 square feet and yield 81 rental units with an average scope of 1,200 square feet, as well as ground-floor retail space, a gym, and a top-floor banquet space. Third North Holdings LLC is listed the owner and Third North GC LLC is the general contractor for the project, which is located between East 60th and East 61st Streets.

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Arloparc Nears Completion at 126 East 86th Street on Manhattan’s Upper East Side

Construction is nearing completion on Arloparc, a 20-story residential building at 126 East 86th Street on Manhattan’s Upper East Side. Designed by Zproekt Architects and developed by Rybak Development and BK Developers, the 79,842-square-foot structure will yield 28 condominium units designed by STUDIO20MIGLIA, as well as 2,700 square feet of commercial space on the ground floor. Rybak is also serving as the general contractor, Molly Elizabeth is the interior designer, and Corcoran New Development is handling sales and marketing for the property, which is located on a narrow rectangular interior plot between Lexington and Park Avenues.

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141 North 6th Street Progresses in Williamsburg, Brooklyn

Construction is progressing on 141 North 6th Street, a five-story mixed-use building in Williamsburg, Brooklyn. The structure will yield 12 residential units, a cellar level, and 3,827 square feet of ground-floor retail space with 40 feet of frontage and 20-foot ceiling heights. North 6th 141 LLC is the owner, Olmstead Real Estate is in change of retail leasing, and G. Lebedowitz Corp. is the general contractor for the property, which is located on an interior lot between Bedford Avenue and Berry Street.

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The Wales at 1295 Madison Avenue - Courtesy of VMI Studios

YIMBY Tours The Wales At 1295 Madison Avenue on Manhattan’s Upper East Side

YIMBY toured The Wales, a newly converted 11-story condominium building at 1295 Madison Avenue in the Carnegie Hill section of Manhattan’s Upper East Side. Developed and owned by Adellco, which purchased the site from LJ Real Estate Capital Partners in 2018 for $56.3 million, along with Parisian design studio PINTO, the historic building features a collection of 21 condominium units and accompanying amenity spaces. Form4 Design Studio and Higgins Quasebarth designed the renovations and upper two-story expansion, and Press Builders served as the general contractor for the property, which was formerly known as Hotel Wales and stands at the corner of Madison Avenue and East 92nd Street. Condominium closings commenced back in March with residences priced from $3.59 million to $21.5 million for the penthouse.

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134 Vanderbilt Avenue Rises Above Street Level in Fort Greene, Brooklyn 

Construction is rising on 134 Vanderbilt Avenue, an eight-story mixed-use building in Fort Greene, Brooklyn. Designed by executive architect Kane AUD and design architect SO-IL and developed by Tankhouse, the 85-foot-tall structure will span 89,847 square feet and yield 26 condominiums with an average scope of 1,269 square feet, as well as 3,159 square feet of commercial space, two cellar levels, a 30-foot-long rear yard, and 18 enclosed parking spaces. KSK Construction Group, LLC is the general contractor for the property, which is located at the corner of Vanderbilt and Myrtle Avenues.

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