Retail

YIMBY Tours The Bellemont at 1165 Madison Avenue on Manhattan’s Upper East Side

YIMBY toured the interiors of The Bellemont, a 13-story residential building nearing completion at 1165 Madison Avenue on Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects with SLCE Architects as the architect of record and developed by Naftali Group, the 210-foot-tall structure spans 67,680 square feet and will yield 11 condominium units designed by by Achille Salvagni, as well as 3,749 square feet of ground-floor retail space. Titanium Construction Services is the general contractor and Compass Development Marketing Group is leading sales and marketing for the property, which is located at the corner of Madison Avenue and East 86th Street, a short walk from Central Park.

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204 4th Avenue Reaches Street Level in Gowanus, Brooklyn

Construction has reached street level on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. With L+Z Architecture as the executive architect and developed by Avery Hall and Gindi Capital, the 200,000-square foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space, and is part of a wave of upcoming residential projects that is expected to dramatically transform the neighborhood following the approved Gowanus rezoning. Leeding Builders Group is the general contractor for the half-acre property, which is alternately addressed as 655 Union Street and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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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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The Arabella at 4720 Third Avenue Tops Out Over Belmont, The Bronx 

Last Thursday, YIMBY attended the topping out of The Arabella at 4720 Third Avenue, a nine-story residential building in the Belmont section of The Bronx. Designed by Ismael Leyva Architects and developed by Vertical Community Development and Sioni Group, the structure will yield 165 market-rate and affordable units designed by Marin Architects as well as retail space and a collection of amenities in the podium. DeSimone Structural Engineers is the structural engineer, REAL New York is handling leasing and marketing, and OmniBuild Construction is the general contractor for the project, which occupies a trapezoidal plot bound by East 189th Street to the north, East 188th Street to the south, Washington Avenue to the east, and Third Avenue to the west.

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