Updated renderings of Nova at 41-05 29th Street - Fogarty Finger

NOVA Nears Completion at 41-05 29th Street in Long Island City, Queens

8:00 am on April 29, 2023 By Michael Young

Exterior work is nearing completion on NOVA, a 24-story residential building at 41-05 29th Street in Long Island City, Queens. Designed by Fogarty Finger and developed by SB Development Group, the Flatiron-esque structure will yield 86 condominium units in studio to three-bedroom layouts with sales and marketing led by Modern Spaces, as well as 2,300 square feet of ground-floor retail space. SBGC, LLC is the general contractor for the $70 million project, which is bound by 41st Avenue to the east and 29th Street to the west.

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Permits Filed for 510 Gates Avenue in Bed-Stuy, Brooklyn

7:00 am on April 29, 2023 By Vanessa Londono

Permits have been filed for a six-story community facility building at 510 Gates Avenue in Bedf0rd-Stuyvesnt, Brooklyn. Located between Marcy Avenue and Tompkins Avenue, the lot is near the Kingston-Throop Avenues subway station, serviced by the A and C trains. John McDonald of 4519 WPR Housing Development Fund is listed as the owner behind the applications. The Doe Fund finalized financing for the new construction earlier this year, adjacent to the organization’s first transitional housing residential building at 520 Gates Avenue.

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Affordable Housing Lottery Opens for 85-87 Herkimer Street in Bed-Stuy, Brooklyn

6:30 am on April 29, 2023 By Vanessa Londono

The affordable housing lottery has launched for 85-87 Herkimer Street, a pair of four-story residential buildings in Bedford-Stuyvesant, Brooklyn. Designed by Zproekt Architects and developed by Elie Fourti, the structures yield six residences each. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,823 to $187,330.

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Extell’s 570 Fifth Avenue Supertall Awaits Excavation in Midtown, Manhattan

8:00 am on April 28, 2023 By Michael Young

Demolition is complete at 570 Fifth Avenue, the site of a potential 1,101-foot mixed-use supertall in the Diamond District of Midtown, Manhattan. Developed by Extell, the project could either unfold as a 78-story, 1.4-million-square-foot hotel and condominium tower or as an 860-foot-tall, 47-story office skyscraper yielding more than 1.5 million square feet. ALBA Services was the demolition contractor for the property, which spans between West 46th and West 47th Streets.

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