Retail

Foundation Work Progresses at 1491-1493 First Avenue on Manhattan’s Upper East Side

8:00 am on November 9, 2023 By Michael Young and Matt Pruznick

Foundation work is progressing at 1491-1493 First Avenue, the site of a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property for $73.5 million in early 2022 from local developer Robert Chou, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

250 East 83rd Street’s Façade Nears Completion on Manhattan’s Upper East Side

8:00 am on November 8, 2023 By Michael Young and Matt Pruznick

Exterior work is continuing to progress on 250 East 83rd Street, a 31-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 370-foot-tall structure will yield 128 residential units with interiors by Lemay_id, as well as ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.

Excavation Underway at 1187 Fulton Street in Bed-Stuy, Brooklyn

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

Excavation and pilings are underway at 1187 Fulton Street, the site of a four-story mixed-use building near the border of Clinton Hill and Bedford-Stuyvesant, Brooklyn. Designed by Magnusson Architecture and Planning, PC and developed in a partnership by the Bedford Stuyvesant Restoration Corporation and St. Nicks Alliance, the 45-foot-tall structure will span 5,115 square feet and yield three affordable units with an average scope of 1,220 square feet, as well as 1,456 square feet of ground-floor retail space, a cellar level, and a 30-foot-long rear yard. Dekalb Commons NY LLC listed as the owner and Shamus Contracting Co. Inc. is the general contractor for the project, which is located between Spencer Place and Bedford Avenue.

1522 First Avenue Rises Above Street Level on Manhattan’s Upper East Side

7:30 am on November 6, 2023 By Michael Young and Matt Pruznick

Construction is rising on 1522 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A office space and retail space on the ground floor and cellar levels. The Hospital for Special Surgery has signed on as the anchor tenant and will occupy 200,000 square feet across the first eight stories of the building. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternately addressed as 403 East 79th Street and located between East 79th and 80th Streets.

Foundations Underway At 1026 Third Avenue on Manhattan’s Upper East Side

8:00 am on November 4, 2023 By Michael Young and Matt Pruznick

Excavation and foundations are progressing at 1026 Third Avenue, the site of a 24-story residential building in the Lenox Hill section of Manhattan’s Upper East Side. Designed by Ismael Leyva Architects and developed by Kahen Properties, which purchased three adjacent properties for $34 million in July of 2022, the 273-foot-tall structure will span 100,000 square feet and yield 81 rental units with an average scope of 1,200 square feet, as well as ground-floor retail space, a gym, and a top-floor banquet space. Third North Holdings LLC is listed the owner and Third North GC LLC is the general contractor for the project, which is located between East 60th and East 61st Streets.

Arloparc Nears Completion at 126 East 86th Street on Manhattan’s Upper East Side

8:00 am on November 2, 2023 By Michael Young and Matt Pruznick

Construction is nearing completion on Arloparc, a 20-story residential building at 126 East 86th Street on Manhattan’s Upper East Side. Designed by Zproekt Architects and developed by Rybak Development and BK Developers, the 79,842-square-foot structure will yield 28 condominium units designed by STUDIO20MIGLIA, as well as 2,700 square feet of commercial space on the ground floor. Rybak is also serving as the general contractor, Molly Elizabeth is the interior designer, and Corcoran New Development is handling sales and marketing for the property, which is located on a narrow rectangular interior plot between Lexington and Park Avenues.

126 East 57th Street Reaches Street Level In Midtown, Manhattan

8:00 am on November 1, 2023 By Michael Young

Construction has reached street level at 126 East 57th Street, the site of a 28-story residential building on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture , who is also in charge of the interior design, and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units spread across 170,000 square feet, as well as 5,000 square feet of lower-level retail space. WSP USA is the engineer and Plaza Buildings is the general contractor for the project, which is being constructed on an L-shaped parcel at the corner of East 56th Street and Lexington Avenue. A narrow panhandle section of the building’s footprint will extend north to East 57th Street.

141 North 6th Street Progresses in Williamsburg, Brooklyn

7:30 am on October 31, 2023 By Michael Young and Matt Pruznick

Construction is progressing on 141 North 6th Street, a five-story mixed-use building in Williamsburg, Brooklyn. The structure will yield 12 residential units, a cellar level, and 3,827 square feet of ground-floor retail space with 40 feet of frontage and 20-foot ceiling heights. North 6th 141 LLC is the owner, Olmstead Real Estate is in change of retail leasing, and G. Lebedowitz Corp. is the general contractor for the property, which is located on an interior lot between Bedford Avenue and Berry Street.

The Wales at 1295 Madison Avenue - Courtesy of VMI Studios

YIMBY Tours The Wales At 1295 Madison Avenue on Manhattan’s Upper East Side

8:00 am on October 30, 2023 By Michael Young and Matt Pruznick

YIMBY toured The Wales, a newly converted 11-story condominium building at 1295 Madison Avenue in the Carnegie Hill section of Manhattan’s Upper East Side. Developed and owned by Adellco, which purchased the site from LJ Real Estate Capital Partners in 2018 for $56.3 million, along with Parisian design studio PINTO, the historic building features a collection of 21 condominium units and accompanying amenity spaces. Form4 Design Studio and Higgins Quasebarth designed the renovations and upper two-story expansion, and Press Builders served as the general contractor for the property, which was formerly known as Hotel Wales and stands at the corner of Madison Avenue and East 92nd Street. Condominium closings commenced back in March with residences priced from $3.59 million to $21.5 million for the penthouse.

Work Resumes on 550 Tenth Avenue After Crane Collapse in Hell’s Kitchen, Manhattan

8:00 am on October 27, 2023 By Michael Young and Matt Pruznick

Construction resumes on 550 Tenth Avenue, a 47-story residential skyscraper in Hell’s Kitchen, Manhattan. Designed by Handel Architects and developed by Gotham Organization and Goldman Sachs Asset Management JV, the rising 520-foot-tall structure will yield 430,000 square feet and 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.

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