Permits have been filed for a four-story residential building at 2615 Farragut Road in Flatbush, Brooklyn. Located between Flatbush Avenue and East 26th Street, the lot is a short walk from the Flatbush Avenue-Brooklyn College subway station, serviced by the 2 and 5 trains. Getzy Neustadt is listed as the owner behind the applications.
Construction has structurally topped out on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units with an average scope of 3,200 square feet, including at least one quadruplex unit. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which rises from a 5,000-square-foot plot at the southwest corner of Fifth Avenue and West 29th Street.
Excavation is set to begin at 41-08 Crescent Street, the site of a planned residential tower in Long Island City, Queens. YIMBY last reported that the property would give rise to a 17-story, 189-foot-tall structure designed by Dan Ionescu Architects, developed by Forte Italia LLC, and owned by TPEC Management. However, it appears that the scope of the project may have changed under the new ownership of The Pecora LLC. WMCM LLC is the general contractor for the property, which is bound by 41st Avenue to the northeast, 24th Street to the northwest, and Crescent Street to the southeast.
The Beitel Group has secured a $150 million loan for the development of 120 East 144th Street, a new residential project in Mott Haven, The Bronx. The funding, which was supplied by SCALE Lending, will support the construction of the 13-story, 450-unit property.
Permits have been filed to convert a five-story mixed-use structure into a six-story commercial building at 117 East 15th Street in Gramercy Park, Manhattan. Located between Union Square East and Irving Place, the lot is one block from the 14th Street-Union Square subway station, serviced by the 4, 5, 6, L, N, Q, R, and W trains. Alex Lee is listed as the owner behind the applications.
