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A blog from CityRealty (Links below will take you to the 6sqft site)

Features

A selection of new buildings planned for New York A selection of new buildings planned for New York
Early in the coronavirus pandemic, some thought this would spell the end of city life as we knew it and that New York City rents would drop as a result. However, that brief window of innumerable availability that sent prices down has slammed firmly shut: New York has recently surpassed San Francisco as the most expensive rental market in the country. New York Times columnist Paul Krugman has written about the spike of housing prices in California, but it doesn’t take a Nobel Prize-winning economist to see housing prices rising in response to a lack of availability in New York as well.

The obvious solution is to build more housing; indeed, a 2019 study found that for every 10 percent increase in a housing stock within a 500-foot radius, New York City rents decreased by one percent. That is easier said than done between arcane zoning regulations and anti-development activists, but new housing and development is nevertheless in the works for all five boroughs of New York.

520 Fifth Avenue - Fifth Avenue buildings 520 Fifth Avenue view looking up Fifth Avenue from 42nd Street via Skyscraper Page
The site of 520 Fifth Avenue has sat quietly for the past several years, but progress has heated up over the past month: Permits have been approved, construction appears to be on the horizon, and a new rendering of the skinny supertall has been revealed.

At 995 feet high, 520 Fifth Avenue will unseat 277 Fifth Avenue as the tallest residential building on Fifth Avenue. However, at least one taller condo tower is being planned at 262 Fifth Avenue, where foundation permits were filed several weeks ago. Additionally, Extell Development is planning a significant new tower several blocks at 574 Fifth Avenue. Nevertheless, by virtue of its height, residents of 520 Fifth will enjoy spectacular front-and-center views of the Manhattan skyline with local landmarks like the Empire State and Chrysler Building front and center. The subtly arched windows echo those at 130 William Street, and the classical tiered massing will lead to opportunities for private outdoor space.
520 Fifth Avenue Midtown West (via NYC DOB)

126 East 57th Street, Midtown East
126-East-57th-Street-01 Sketch of 126 East 57th Street via ODA Architecture
Demolition is underway at 126 East 57th Street, where MRR Capital has filed plans for a 28-story, 145-unit condominium (h/t Crain's) The height of 346 feet tall means it will be overshadowed by its Billionaires’ Row neighbors at 432 Park Avenue, One57, 111 West 57th Street, and Central Park Tower; however, a sketch by architect of record ODA shows an imaginative massing.

A partnership led by MRR’s Rotem Rosen and developer Zahi Hagag purchased a 13-parcel assemblage that includes the site for $103.7 million from Turkish firm Kiska Development in April 2019. In a statement to Crain’s New York Business, a project manager at MMR said it was too soon to say when construction was set to begin and end.

513 West 54th Street, Midtown West
314 West 54th Street - Midtown West Rendering via Kossar + Garry Architects
As late-night viewers have noticed, many of their favorite shows were forced to readjust their filming during the pandemic. But The Daily Show is set to return to its Hell’s Kitchen studio in September; a short distance away, Last Week Tonight with John Oliver will stop filming from the void and return to the West 57th Street studio in September.

In this environment, a concept design has been revealed for a studio building at 513 West 54th Street. The rendering by Kossar + Garry Architects (KGA) shows a modern building with a setback terrace on the seventh floor and a rooftop terrace with mechanical equipment.

The site is currently home to NEP Studio 54, where shows like The Colbert Report, The Nightly Show with Larry Wiltmore, and The President Show were filmed. It is unclear whether the new building in the design will take shape - permits have neither been filed to erect a new building nor to demolish the old one. Moreover, KGA has also revealed renderings for new office space for NEP Studios, but it’s not clear which location this is for.

98-Dekalb-Avenue-01
Demolition permits for the garage currently on-site at 98 Dekalb Avenue were filed in July 2021, clearing the way for construction to begin on a new development. The project is set to measure 49 stories and 610 feet high, up from the initial 47 stories and 490 feet high. Permits list SLCE Architects as the architect of record for the project, which is up the street from 9 Dekalb Avenue, Brooklyn’s future tallest building, and less than half a mile from the uber-sustainable Alloy Block.

The new development will have 569 units starting on the second floor. An extensive amenity package is set to include a mail room and package room, a fitness center with yoga studio, a game room, a “project room,” a golf simulator, a children’s playroom, a lounge with outdoor terrace, a pool, a rooftop terrace, an outdoor dog run, a bike room, and on-site parking.

1640 Flatbush Avenue - Brooklyn rentals Rendering via Moinian
A new school year is beginning at Brooklyn College, where students attending classes on campus are required to be vaccinated. Finding housing will be another challenge, but 1640 Flatbush Avenue is well positioned to help with that - the site is adjacent to the Midwood campus!

The 13-story, 115-unit building will be managed by Moinian. The design by J Frankl Architects shows clearly designated areas for retail and residential, and amenities are set to include a rooftop terrace and a state-of-the-art gym. Another perk is its address a short distance from the Flatbush Avenue-Brooklyn College 2 and 5 subway stop, allowing for easy access to Manhattan and other parts of Brooklyn.

1034-1042 Atlantic Avenue - Brooklyn rentals Rendering via ARCHIMAERA
While Brooklyn Borough President Eric Adams and Brooklyn’s Community Board 8 voted against an 18-story development for 840 Atlantic Avenue earlier this summer, that is not to say that the city has put the kibosh on the proposed M-CROWN rezoning that would upzone northern Crown Heights and allow for greater residential development. A 17-story mixed-use development has been proposed for 1034 and 1042 Atlantic Avenue.
The development calls for a 12,000-square-foot youth center, retail space, 20 underground parking spaces, and 210 apartments on top (the number of affordable units to be keyed to affordability level). Renderings by ARCHIMAERA show a rigid grid formed by windows and supports, as well as curved setbacks on the seventh, tenth, and thirteenth floors. The rendering also shows a fully planted terrace on the roof, and developer EMP Capital Group has announced a plan to engage local artists to paint murals on the new tower.
870-880 Atlantic Avenue - Brooklyn rentals Rendering via ARCHIMAERA
The project is still in early stages, but Bklyner says that Council Majority Leader Laurie Cumbo is in favor of the project. She is also in favor of another 17-story development designed by ARCHIMAERA and proposed for 870-880 Atlantic Avenue. This building would replace low-rise buildings and an auto sales lot, and contain 228 units, 69 of which will be affordable. Amenities are set to include a green roof.

Spring Creek Landing, East New York
Spring Creek Landing Rendering via SCAPE
The Vital Brooklyn initiative aims to be a model for community development for underserved Central Brooklyn neighborhoods, and Spring Creek Landing would seem to encapsulate its goals in one site across from Shirley Chisholm State Park. Upon completion, over 2,400 affordable housing units will include housing for seniors, the formerly homeless, and individuals with intellectual and developmental disabilities. Six acres of open public space will include a playground, sports court, dog park, community farm, demonstration garden alongside an on-site Meals on Wheels, and a fitness loop around the site.

Spring Creek Landing is a component of BDC Redevelopment, a master plan designed by Dattner Architects and conceived as a pedestrian-friendly community with healthcare, community resources, shopping, healthy food, offices, cultural events, and schools within a 10-minute walking distance. The Euclid Avenue A/C and the New Lots Avenue 2/3/4 trains are a short walk away, part of the plan to reduce dependence on cars. Additionally, the buildings will be constructed to Passive House standards with such environmentally friendly features as rooftop solar panels, a fuel cell coupled with a biodigester, and geothermal and stormwater management components.
Spring Creek Landing (via Dattner Architects)

2134 Coyle Street - Brooklyn rentals All renderings of 2134 Coyle Street via BDF Design
An environmental assessment statement is under review for a mixed-use development planned for 2134 Coyle Street. The five-story, 70-foot-tall project is intended to feature 148 residential units (about 45 of which would be designated affordable), 195 parking spaces, and over 32,000 square feet of residential space.

While a number of multi-family elevator buildings have gone up on surrounding blocks, the site itself is located in a commercial area and, as such, would require a rezoning for the project to go through. If the rezoning goes through and permits are approved, construction is expected to take approximately 24 months and commence following the demolition of the one-story building presently on-site.

Chabad Lubavitch Community Center, Kensington
605-Ocean-Parkway-01 All renderings via INOA Architecture
According to the Jewish Community Study of New York, Brooklyn is home to the largest number of Jewish households outside of Israel. The Chabad Lubavitch Community Center has long been the focal point of its Kensington community, and permits for its expansion were approved this past June.

Renderings by INOA Architecture depict a building with an adventurous facade and high ceilings. In addition to the sanctuary and community center on the ground floor, the new community center will offer classrooms, a library, a children’s playground, a teen lounge, a rabbi’s residence, and a mikvah (listed in permits as a “ritualarium”). A completion date has not yet been provided.
605-Ocean-Parkway-02

8 Court Square - Long Island City Renderings of 8 Court Square via Hill West
Last week, Real Estate Weekly reported that a joint venture between Rose Associates and Werwaiss Properties secured a total of $76 million in construction financing for a new project in the Court Square section of Long Island City. The development comprises a 20-story multi-family building and adjacent retail building.

The residential property has been described as a boutique alternative to the glass high-rises that have taken shape throughout Long Island City. Permits list Hill West Architects as the designer of record, and amenities are set to include a fitness room with accessory terrace, a game lounge, an amenity lounge, conference rooms, a laundry room, a bike room, a mail room, and a roof terrace. The apartments themselves will feature high ceilings, condo-level finishes, and central heating and air conditioning. Having both permitting and financing in place has allowed construction to commence, and completion is anticipated for 2023.
8 Court Square - Long Island City Massing via NYC Department of Buildings

183-03 Hillside Avenue - Queens rentals Rendering via Marin Architects
183-03 hillside Avenue via Marin Architects
Earlier this summer, permits were filed for a seven-story, 46-unit mixed-use building for 183-03 Hillside Avenue, a site on the corner of Hillside Avenue and 183rd Street currently occupied by a parking lot. Renderings by designer of record Marin Architects depict a seven-story mixed-use building with oversized windows and private balconies in select units.

The apartments will most likely be rentals, and amenities are set to include storage, a gym, a lounge, a rooftop terrace, and on-site parking for 23 cars and 27 bikes. The site is across the street from Key Foods and down the block from the 179th Street F train stop. As demolition permits for the parking lot have not yet been filed, it is too soon to give an estimated completion date.

355 Exterior Street - Bronx rentals Rendering via Hill West Architects
In 2015, Mayor de Blasio pumped $200 million in capital improvements to the Special Harlem Waterfront District to stimulate the construction of approximately 4,000 new housing units. More recently, a rendering has been unveiled for 355 Exterior Street, a two-towered development on the Harlem River waterfront. The designer of record is Hill West Architects, whose portfolio also includes the Bankside development a few blocks south.

According to permits, 355 Exterior Street will measure 43 stories high and 710 units. While new developments like The Arches have brought amenity-rich new rentals to the neighborhood, 355 Exterior Street promises to outshine them: Its extensive amenity package is set to include a package room, a pet spa, attended parking for 325 spaces, a bike room, a basketball court, a children’s playroom, a bowling alley, a lounge, a karaoke room, a rock-climbing wall, poker rooms, a pool, a fitness center with yoga and spinning studios, an outdoor bar and lounge, and a rooftop terrace.

310 Grand Concourse - Bronx rentals 310 Grand Concourse via Fischer Makooi Architects
310 Grand Concourse - Bronx rentals Interiors via Durukan Design
310 Grand Concourse - Bronx rentals
To the southeast of 355 Exterior Street (see above), permits have been issued for a new building at 310 Grand Concourse. Fischer Makooi Architects is the designer of record, and renderings of the 14-story, 150-unit building depict a two-toned stone facade with setbacks from the 11th story up and private balconies in several units.

There will be no more than 12 units per floor, and they will feature interiors by Durukan Design. Amenities will include a party room, video game room, laundry room, lounge, and rooftop terrace. The building will also offer an 80-space bike room and 46 parking spaces, but the site is just up the street from the 138th Street 4 and 5 stop, just one stop out of Manhattan.

Wakefield Village
 
 
 
 
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On August 23, the city held a public scoping meeting for Wakefield Village, the redevelopment of a 4.65-acre site just south of East 241st Street and Wakefield Avenue. The site is also close to the Wakefield Metro North stop and the 241st Street 2 train.

According to the environmental assessment statement, the six-building development proposed is set to contain 1,262 affordable housing units for households earning 30 to 100 percent of the area median income, approximately 27,746 square feet of retail space, approximately 13,484 square feet of community facility space, and over 130,000 square feet of publicly accessible open space. However, as the site is in a zoning district meant for one-story manufacturing and storage buildings, rezoning and special permits would be required.

Proponents of Wakefield Village say the project will create construction jobs and permanent jobs alike. However, New York State Assemblyman Jeffrey Dinowitz has expressed concerns about the scale of the project. Written comments are still being accepted here through September 2, 2021. If everything is approved, construction is expected to take place in three phases over 10 years, with the commencement in 2023.

River North, St. George
 
 
 
 
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Staten Island has been conspicuously absent from roundups of new development in New York City, but the team behind River North hopes to change that. Public hearings have taken place throughout this spring and summer, and the environmental impact statement was recently completed for the site, a vacant lot near the intersection of Hamilton Avenue and Stuyvesant Place.

Madison Realty Capital is at the helm of the project, which was formerly known as Liberty Towers. Renderings by FXCollaborative show three high-rise, mixed-use buildings rising as high as 26 stories and containing a total of 750 new apartments, 225 of which would be affordable. The project would also bring new retail, open space, and parking to the area. The site is located a short distance from the St. George stop of the Staten Island Ferry, which recently resumed 24/7 service. Additionally, Staten Island is part of the newly expanded NYC Ferry service.
The Staten Island Economic Development Corporation has spoken in favor of the project, saying it would bring more residents to the neighborhood and boost the local economy. However, Borough President James Oddo and Staten Island’s Community Board 1 are unmoved, citing previous developments that did not bring promised improvements to local infrastructure. Indeed, The City notes that a large number of Staten Island City Council candidates are skeptical of new development, arguing that the benefits for locals are simply not enough.

711-Seventh-Avenue-05 Times Square hotels
Crain's New York reports of a 32-story, 401-room hotel coming to 711 Seventh Avenue at the corner of West 48th Street in Times Square. The project is to begin in January and finish work by 2025. Gene Kaufman is the architect and we don't think the firm could have conjured up a more vapid and uninspired design. A depressing new chapter for a site filled with theater history.

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