Construction has topped out on 25-01 Queens Plaza North, a 28-story residential building in Long Island City, Queens. Designed by Handel Architects and developed by Grubb Properties, which purchased the property for $63 million in 2021, the 311-foot-tall structure will yield 417 rental units with 124 reserved for affordable housing, as well as 7,000 square feet of ground-floor commercial space. The project is located between Crescent and 27th Streets, directly adjacent to the elevated Queensboro Plaza station serving the 7, N, and W trains ..read more

Project development and construction company Skanska USA has signed a lease for 15,300 square feet of pre-built space inside Building 2 at Industry City, a mixed-use campus in Sunset Park, Brooklyn ..read more

The affordable housing lottery has launched for 12-22 Astoria Boulevard, a five-story mixed-use building in Astoria, Queens. Designed by Angelo Ng + Anthony Ng Architect and developed by Brett Harris of AKI Development, the structure yields 10 residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $96,000 to $218,010 ..read more

Exterior work is progressing on 585 Union Street, a nine-story residential building in Gowanus, Brooklyn. Designed by Fogarty Finger and developed by Tavros Capital, Charney Companies, and Canyon Partners, the 95-foot-tall structure will span 167,000 square feet and yield 214 rental units in studio to three-bedroom layouts, with 25 percent designated as affordable housing, as well as 8,900 square feet of ground-floor commercial space. The property is bound by Sackett Street to the north, Union Street to the south, and 3rd Avenue to the east ..read more

The Yonkers IDA has issued preliminary approval for financial incentives for The Parker, a 16-story affordable housing project at 632-636 South Broadway in Yonkers. The $116.2 million project is part of a $174.5 million investment initiative that includes another affordable development, The Abbey on the Park, which will be located at 21-23 Park Avenue. Collectively, both projects are expected to create 410 construction jobs and add 242 new residential units to the local market ..read more

The affordable housing lottery has launched for Andrews Avenue South Senior Residence, a nine-story mixed-use building at 1746 Andrews Avenue in Morris Heights, The Bronx ..read more

Permits have been filed for a four-story residential building at 605 Lorimer Street in Williamsburg, Brooklyn. Located between Conselyea Street and Skillman Avenue, the lot is one block from the Lorimer Street subway station, serviced by the L train. Arie Bar Chaim of Brooklyn AZ Inc. is listed as the owner behind the applications ..read more

New York YIMBY has tallied the records for new building permit filings for the first quarter of 2024, and the results are one for the record books. According to data compiled from permit filings submitted to the Department of Buildings, during the three-month period from January through March, builders throughout the city filed a combined total of 19,819 residential and hotel units, the highest total for any three-month period since YIMBY started tracking the statistic in 2020. Similarly, the combined filed-for square footage of 26 million is also the highest quarterly tally for the decade so ..read more

Real estate development and investment company LCOR is set to commence construction this month on Hoboken Connect, a mixed-use complex along the Hudson River waterfront in Hoboken, New Jersey. The development will feature a residential tower, an office building, and public open space across a nearly two-acre footprint around Hoboken Terminal ..read more

Permits have been filed for an eight-story community facility building at 88-49 163rd Street in Jamaica, Queens. Located between 89th Avenue and Hillside Avenue, the lot is near the Parsons Boulevard subway station, serviced by the E and F trains. Larry Grubler of Transitional Services for New York is listed under the Building 163 SC HDFC as the owner behind the applications ..read more