By New York YIMBY | Max Gillespie | 9/3/2024 7:00 AM

Mayor Eric Adams announced that New York City has achieved consecutive record-breaking years for creating affordable housing and connecting New Yorkers to it. In the 2024 fiscal year, the city financed a combined 28,944 affordable and public housing units through new construction and preservation initiatives. ... Read full Story

By New York YIMBY | Vanessa Londono | 9/3/2024 6:31 AM

Permits have been filed for a five-story commercial building at 78-07 51st Avenue in Elmhurst, Queens. Located between Hillyer Street and Queens Boulevard, the lot is near the Elmhurst Avenue subway station, serviced by the E, F, M, and R trains. Danny Turkel of Liberty One Construction LLC is listed as the owner behind the applications. ... Read full Story

By NY Post | Steve Cuozzo | 9/2/2024 10:14 AM

Landmarked tower at 28 Liberty St. and nearby One Liberty Plaza are putting final touches on new projects to bolster their success. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 9/2/2024 8:01 AM

Façade installation is nearing completion on 140 Hillside Avenue, a seven-story residential building in Inwood, Manhattan. Designed by J Frankl Associates and developed by Read Property Group, the structure will span 26,466 square feet and yield 20 condominium units with an average scope of more than 1,000 square feet, including two penthouse units, as well as amenities and a cellar level. The development stands on a formerly vacant lot between Nagle Avenue to the north and Sickles Street to the southwest. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 9/2/2024 7:31 AM

Construction is finishing up on The Frame, a six-story residential building at 31-19 29th Street in Astoria, Queens. Designed by NiZa Works and developed by Silverline Group, the 75-foot-tall structure will span 7,477 square feet and yield 20 condominium units along with a cellar and a 43-foot-long rear yard. The ground-up development is located on an interior plot between 31st Avenue to the north and Broadway to the south. ... Read full Story

By New York YIMBY | Max Gillespie | 9/2/2024 7:01 AM

Corem AB and GDS Development Management have signed a five-year lease with Injective Labs at 28&7, a new 12-story Class A office building designed by Skidmore, Owings & Merrill at 205 West 28th Street in Chelsea, Manhattan. The company is leasing 8,685 square feet of office space on the building's tenth floor. ... Read full Story

By New York YIMBY | Vanessa Londono | 9/2/2024 6:30 AM

Permits have been filed for a seven-story residential building at 121 Mount Hope Place in Mount Hope, The Bronx. Located between Morris Avenue and Grand Concourse, the lot is near the Tremont Avenue subway station, serviced by the B and D trains. Leo Klein is listed as the owner behind the applications. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 9/1/2024 8:01 AM

Construction is complete on 601 Baltic Street, a ten-story residential building in Boerum Hill, Brooklyn. Designed, developed, and constructed by Grid Group, the 30,018-square-foot structure will yield 25 condominium units with an average scope of 906 square feet, as well as 1,654 square feet of ground-floor retail space. The property is situated at the corner of Baltic Street and Fourth Avenue. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 9/1/2024 7:30 AM

Construction is nearing topping out on 316 Rutledge Street, a nine-story building in South Williamsburg, Brooklyn. Designed by Jay Architect & Engineering and developed by Abe Brach, the 110-foot-tall structure will span 42,225 square feet and yield 25,113 square feet of community facility space for philanthropic offices, as well as 17,112 square feet of commercial space and 47 enclosed parking spaces. The property is located on an interior lot between Broadway and Harrison Avenue. ... Read full Story

By New York YIMBY | Max Gillespie | 9/1/2024 7:00 AM

Construction has topped out on 255 East 39th Street, a 20-story residential building in Murray Hill, Manhattan. Designed by CetraRuddy and developed by Brause Realty in collaboration with Lonicera Partners and AECOM Tishman, the structure will yield 157 units with 48 designated for affordable housing. The property is located at the northwest corner of East 39th Street and Second Avenue. ... Read full Story

By New York YIMBY | Vanessa Londono | 9/1/2024 6:31 AM

Permits have been filed for a four-story residential building at 2246 Bathgate Avenue in East Tremont, The Bronx. Located between East 182nd Street and East 183rd Street, the lot is within walking distance of the 182-183 Streets subway station, serviced by the B and D trains and the Fordham station for MetroNorth. Gjergj Bujaj is listed as the owner behind the applications. ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 8/31/2024 8:01 AM

Façade installation is swiftly progressing on 159 Boerum Street, a 19-story residential building in East Williamsburg, Brooklyn. Designed by Aufgang Architects and developed by Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC, the 216-foot-tall building will span 116,000 square feet and yield 162 rental units with 49 designated as affordable housing. The property is located on an interior lot between Graham Avenue and Humboldt Street. ... Read full Story

By NY Post | Angela Barbuti | 8/31/2024 7:54 AM

Ben Affleck and Jennifer Lopez could lose over $25 million on the sale of their Beverly Hills mansion, which is on the market for $68 million. ... Read full Story

By New York YIMBY | Max Gillespie | 8/31/2024 7:31 AM

JLL Capital Markets has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit apartment building in Journal Square, Jersey City, New Jersey. The financing was secured on behalf of the borrower, Namdar Group, with senior financing provided by Centennial Bank and mezzanine financing through a private  lender. ... Read full Story

By New York YIMBY | Vanessa Londono | 8/31/2024 7:01 AM

The affordable housing lottery has launched for 1559 Prospect Place, an eight-story residential building in Crown Heights, Brooklyn. Designed by ESKW/Architects and developed by Settlement Housing Fund, the structure yields 45 residences. Available on NYC Housing Connect are 36 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $18,480 to $134,160. ... Read full Story

By New York YIMBY | Vanessa Londono | 8/31/2024 6:30 AM

Permits have been filed for a five-story mixed-use building at 37-18 Broadway in Astoria, Queens. Located at the intersection of 38th Street and Broadway, the lot is near the Steinway Street subway station, serviced by... ... Read full Story

By NY Post | Hannah Frishberg | 8/30/2024 5:14 PM

The median price for a US starter home rose above $250,000 this summer. ... Read full Story

By NY Post | Realtor.com | 8/30/2024 3:14 PM

With a high-stakes presidential election less than three months away, voters are expressing their enthusiasm for Team Trump or Team Harris with political signs and flags in their front yards. ... Read full Story

By NY Post | Hannah Frishberg | 8/30/2024 2:33 PM

Guetta — who has worked with artists like Kelly Rowland, Shaboozey, Sia and OneRepublic — successfully offloaded his 2,521-square-foot space, The Post can exclusively report.  ... Read full Story

By New York YIMBY | Michael Young and Matt Pruznick | 8/30/2024 8:00 AM

Construction is nearing completion on 11 and 55 Gerry Street, a two-building residential complex in the Broadway Triangle section of South Williamsburg, Brooklyn. Designed by Fischer + Makooi Architects and developed by Rabsky Group, the project consists of the ten-story 11 Gerry Street, which stands 105 feet tall, and the eight-story 55 Gerry Street, which stands 85 feet tall. Both structures span around 160,000 square feet and yield a combined 106 residential units. Both will also include ground-floor retail space and ambulatory diagnostic centers on their second stories. 11 and 55 Gerry Street are alternately addressed as 322-330 and 352 Wallabout Streets and occupy a trapezoidal plot bound by Harrison Avenue to the northeast, Wallabout Street to the northwest, Gerry Street to the southeast, and the confluence on Marcy and Union Avenues to the west. ... Read full Story