Commercial


Madison House Prepares for Occupancy at 15 East 30th Street in NoMad, Manhattan

At number 17 on our year-end countdown is Madison House, an 805-foot-tall residential skyscraper nearing completion at 126 Madison Avenue in the Midtown district of NoMad. Alternately addressed as 15 East 30th Street, the 62-story reinforced concrete tower is designed by Handel Architects and developed by Fosun Group and JD Carlisle and will yield 199 condominiums with sales and marketing led by Douglas Elliman Development Marketing, as well as 7,500 square feet of ground-floor retail space. Madison House has a T-shaped footprint stretching between East 30th and 31st Streets and also features a narrow one-story sliver that runs along Madison Avenue. YIMBY last reported that the residential inventory is more than 65 percent sold with over $400 million in sales, and occupancy is set to begin in February 2022.

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Affordable Housing Lottery Launches for 200 Units at 10-47 Beach 21st Street in Far Rockaway, Queens

The affordable housing lottery has launched for 10-47 Beach 21st Street, a ten-story mixed-use building in Far Rockaway, Queens. Designed by Urban Architectural Initiatives and developed by The Community Builders, the structure yields 224 residences. Available on NYC Housing Connect are 200 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $20,400 to $148,000.

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Permits Filed for 395 Carroll Street in Gowanus, Brooklyn

Permits have been filed for a 22-story, mixed-use two-tower development at 395 Carroll Street in Gowanus, Brooklyn. Located between Bond Street and Nevins Avenue, the lot is adjacent to the Gowanus Canal. The R train at the Union Street subway station and the F and G trains at the Carroll Street station are within walking distance of the site. Rafael Rabinowitz of Galaxy Developers LLC is listed as the owner behind the permit, which was filed as one building with two separate towers and a combined six-story podium.

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New Renderings of FXCollaborative’s Two-Tower Development at 495 Eleventh Avenue Revealed in Midtown West, Manhattan

At number 20 on our year-end countdown is a pair of mixed-use residential skyscrapers at 495 Eleventh Avenue in Midtown West, Manhattan. Designed by FXCollaborative with Gene Kaufman Architects as the architect of record, the 589,842-square-foot project consists of a 680-foot-tall, 57-story edifice paired with a slightly shorter 653-foot-tall, 56-story sibling that will rise along Eleventh Avenue between West 39th and West 40th Streets, next to the Jakob K. Javits Center. NYC Economic Development Corporation is listed as the owner behind the applications that were filed back in late October.

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