Demolition Progresses for 1,200-Foot PENN15 at 15 Penn Plaza in Midtown, Manhattan

8:00 am on December 30, 2022 By Michael Young

The second-tallest building on our year-end construction countdown is PENN 15, a 1,200-foot commercial supertall at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the 56-story skyscraper will yield 2.7 million square feet of office space and stand as the centerpiece of the 7.4-million-square-foot Penn District master plan. Northstar Contracting Group is the demolition contractor for the property, which is located along Seventh Avenue between West 32nd and 33rd Streets.

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Permits Filed for 409 East 158th Street in Melrose, The Bronx

7:00 am on December 30, 2022 By Vanessa Londono

Permits have been filed for a ten-story mixed-use building at 409 East 158th Street in Melrose, The Bronx. Located between Third Avenue and Elton Avenue, the lot is near the 3rd Avenue-149th Street subway station, serviced by the 2 and 5 trains. Guido Subotovsky of Azimuth Development Group is listed as the owner behind the applications, who is also responsible for recent permits filed for an eight-story mixed-use building at the adjacent 450 East 158th Street.

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Housing Lottery Launches for Allen Affordable HDFC at 163-19 109th Avenue in Jamaica, Queens

6:30 am on December 30, 2022 By Vanessa Londono

The affordable housing lottery has launched for Allen Affordable HDFC, a two-family, 3,200-square-foot house at 163-19 109th Avenue in Jamaica, Queens. Designed by Gerald Caliendo Architects and developed by The Greater Allen Development Corporation, the structure yields two residences, each with three bedrooms and two bathrooms. Available on NYC Housing Connect is one unit for sale for residents at 165 percent of the area median income (AMI), ranging in eligible income from $155,882 to $273,075.

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Demolition Concludes for Extell’s Potential Supertall at 570 Fifth Avenue in Midtown, Manhattan

8:00 am on December 29, 2022 By Michael Young

At number three on our December countdown of the tallest buildings underway in New York is 570 Fifth Avenue, a potential 1,101-foot supertall in Midtown, Manhattan. Developed by Extell, the skyscraper could rise 78 stories and span 1.4 million square feet with hotel and condominium components. Alternately, the plot could give rise to an 860-foot-tall, 47-story office tower yielding more than 1.5 million square feet. ALBA Services is the general contractor for the property, which is located at the northwest corner of Fifth Avenue and West 46th Street.

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