Residential

Construction Rises at 98-14 66th Avenue in Rego Park, Queens

7:30 am on July 16, 2023 By Michael Young and Matt Pruznick

Construction is moving along on 98-14 66th Avenue, a seven-story mixed-use building in Rego Park, Queens. Designed by SLCE Architects and developed by RJ Capital Holdings, the 85-foot-tall structure will span 82,425 square feet and yield 62 units with an average span of 1,075 square feet, as well as 15,741 square feet of commercial space. KSK Construction Group is the general contractor for the property, which is bound by 99th Street to the northeast, 66th Avenue to the northwest, and Queens Boulevard to the southwest.

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The Wales at 1295 Madison Avenue - Courtesy of VMI Studios

The Wales Hotel-to-Condo Conversion Now Complete at 1295 Madison Avenue in Carnegie Hill, Manhattan

7:00 am on July 16, 2023 By Sebastian Morris

Construction is now complete on The Wales, a newly converted condominium property at 1295 Madison Avenue in the Carnegie Hill section of Manhattan’s Upper East Side. Led by owner-developer Adellco alongside Parisian design studio PINTO, the building features 21 homes and a modest collection of amenity spaces. The property is located at the corner of 92nd Street and Madison Avenue.

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Rendering of proposed buildings 3-5 and 3-6 within the Seward Park Extension- Handel Architects

165 Broome Street Progresses on Manhattan’s Lower East Side

8:00 am on July 15, 2023 By Michael Young

Exterior work is continuing on 165 Broome Street, a 15-story affordable housing building on Manhattan’s Lower East Side. Designed by Handel Architects and developed by Grand Street Guild Housing Development Fund Company, Grand Street Guild East Housing Development Fund Company, Southeast Grand Street Guild Housing Development Fund Company, and Clinton Broome Development LLC, the 235,235-square-foot structure is also known as “Building 3-5” and will yield 235 units in studio to three-bedroom layouts, and 65,668 square feet for parking space with a capacity for 126 vehicles. The development will eventually be joined by a 215-foot-tall, 16-story “Building 3-6” at 151 Broome Street to the east, and the properties are expected to yield a combined total of 480 units. Monadnock Construction is the general contractor for the project, which is located within the Seward Park Extension master plan and bound by Broome Street to the north, Pitt Street to the east, and Clinton Street to the west.

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Rendering of Estela - Courtesy of VUW

Affordable Housing Lottery Launches for The Estela at 414-445 Gerard Avenue in Mott Haven, The Bronx

7:30 am on July 15, 2023 By Sebastian Morris

The Domain Companies has launched an affordable housing lottery for apartments at The Estela, a two-building rental complex in the Mott Haven section of the South Bronx. Located at 414 and 445 Gerard Avenue, the property contains a mix of 380 market-rate units, 164 affordable apartments, 35,000 square feet of tenant amenities, and about 9,000 square feet of ground-floor retail space, which will include a grocery store.

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