Residential

Rendering of the next affordable housing property to debut at Edgemere Commons - Courtesy of Aufgang Architects

Edgemere Commons Building B1 Tops Out at 5119 Beach Channel Drive in Far Rockaway, Queens

8:00 am on April 30, 2024 By Michael Young

Construction has topped out on Edgemere Commons’ second all-affordable housing structure at 5119 Beach Channel Drive in Far Rockaway, Queens. Designed by Aufgang Architects and developed by Tishman Speyer’s TS Communities, the company’s affordable housing development platform, and The Arker Companies and Slate Property Group, the 247,000-square-foot structure will yield 237 rental apartments in studio to three-bedroom layouts, with 36 reserved for the formerly homeless, as well as 8,000 square feet of retail space and 7,500 square feet of community facility space. The building, also know as Edgemere Commons Building B1, is situated between Beach 50th and Beach 53rd Streets.

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142 West 21st Street Readies For Construction in Chelsea, Manhattan 

7:30 am on April 30, 2024 By Michael Young

Work is about to get underway on 142 West 21st Street, a two-story parking garage that is being expanded into a 13-story residential building in Chelsea, Manhattan. Designed by BKSK Architects and developed by Yiannes Einhorn of Grid Group, who purchased the property from Jadlamm Realty Corp. for $31 million in 2021, the 135-foot-tall structure will span 61,256 square feet and yield 22 condominium units with an average scope of 2,756 square feet, as well as 610 square feet of commercial space, a cellar level, parking spots for 16 vehicles, and a 30-foot-long rear yard. The property is located on an interior lot between Sixth and Seventh Avenues.

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660 Lexington Avenue Rises Above Street Level in Midtown East, Manhattan 

7:30 am on April 29, 2024 By Michael Young and Matt Pruznick

Construction is now above street level on 660 Lexington Avenue, a 19-story residential building in Midtown East, Manhattan. Designed by Zproekt Architecture and developed and built by Sergey Rybak of Rybak Development under the 660 Lexington Avenue Development LLC, the 233-foot-tall structure will span 52,558 square feet and yield 23 condominium units with an average scope of 2,123 square feet, as well as 2,551 square feet of commercial space, 1,174 square feet of community facility space, and a cellar level. The property is alternately addressed as 133 East 55th Street and located at the corner of Lexington Avenue and East 55th Street.

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130 East 177th Street Nears Completion in Mount Hope, The Bronx

8:00 am on April 28, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 130 East 177th Street, a 12-story residential building in Mount Hope, The Bronx. Designed by Marin Architects and developed by HMC Inc, a third-party real estate and financial arm of The Postgraduate Center for Mental Health (PCMH), the 123-foot-tall structure spans 55,987 square feet and will yield 78 rental units with an average scope of 674 square feet, as well as 3,390 square feet of community facility space on the ground floor, a cellar level, six enclosed parking spaces, and a 41-foot-long rear yard. CHC Management Group is listed as the owner of the property, which is located between Grand Concourse to the east and Morris Avenue to the west.

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