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Street View of Innovation QNS at 35th Ave - ODA New York

New York City Council Approves $2B Innovation QNS Complex in Astoria, Queens

The New York City Council voted Tuesday, November 21 to approve Innovation QNS, a $2 billion mixed-use development that will bring 3,200 apartments to Astoria, Queens. The development team behind the property includes Kaufman Astoria Studios, Silverstein Properties, and BedRock Real Estate Partners, which was forced to price around 1,400 apartments, or nearly half of the planned units, below market rate.

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550 Madison Avenue’s New Public Plaza Opens in Midtown East, Manhattan

The new public plaza at 550 Madison Avenue, a 37-story commercial skyscraper in Midtown East, is now open. Designed by Snøhetta, the landscape architect for the garden and the design architect for the tower repositioning, and developed by The Olayan Group and RXR Realty, the new privately owned public space (POPS) is enclosed with a 70-foot-tall steel-framed glass canopy and is part of a larger renovation of the Philip Johnson-designed postmodern landmark, along with a revamped lobby designed by Gensler. AECOM Tishman was the general contractor for the 21,000 square feet of renovations at the property, which is located between East 55th and 56th Streets.

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Rendering of Riverwalk 9 - Handel Architects

Developers Close on $185 Million Loan to Complete Riverwalk 9 at 430 Main Street on Roosevelt Island

Related Companies and The Hudson Companies have closed on a $185 million financial package to complete Riverwalk 9, a 28-story residential building at 430 Main Street on Roosevelt Island. Designed by Handel Architects, the tower is the ninth and final component of the Riverwalk mega-development. Wells Fargo provided financing for the housing development.

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445 Grand Avenue’s Façade Progresses in Clinton Hill, Brooklyn

Exterior work is progressing on 445 Grand Avenue, a nine-story residential building in Clinton Hill, Brooklyn. Designed by Fogarty Finger and developed by Ranger Properties, the 110-foot-tall structure will yield 120,809 square feet with 113 rental units, 7,652 square feet of ground-floor retail space, and a 4,362-square-foot community center for the Seventh Day Adventist Church. Thirty percent of the homes will be designated as affordable housing. KD Sagamore Capital is listed as the owner and Titanium Construction Services is the general contractor for the property, which is located at the corner of Grand Avenue and Fulton Street.

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Rendering of 295 Fifth Avenue with its new rooftop penthouse

Developers Complete 34,000-Square-Foot Penthouse Addition at 295 Fifth Avenue in Midtown, Manhattan

Construction is complete on a new two-story penthouse space atop 295 Fifth Avenue, a 16-story commercial building in Midtown South, Manhattan. Designed by Studios Architecture and developed by Tribeca Investment Group, PGIM Real Estate, and Meadow Partners, the 34,000-square-foot space will contain modern light-filled workspaces and multiple wraparound terraces with sweeping views of the Midtown skyline.

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