New York YIMBY

8:00 am on March 14, 2025 By Michael Young and Matt Pruznick

The Slope on Fifth Tops Out At 445 5th Avenue in Park Slope, Brooklyn

Construction has topped out on The Slope on Fifth, a six-story mixed-use building at 445 5th Avenue in Park Slope, Brooklyn. Designed by Tahir Demircioglu Architect and developed by RJ Capital Holdings, the 74-foot-tall structure will span 53,099 square feet and yield 30 condominium units with an average scope of 991 square feet. The building will also contain 23,359 square feet of commercial space, 24 enclosed parking spaces, and storage for 25 bicycles. The property is located at the corner of 5th Avenue and 9th Street.

Photograph of 501 East 87th Street, via Rubenstein

A&E Real Estate Acquires Rivers Bend At 501 East 87th Street on the Upper East Side, Manhattan

7:30 am on March 14, 2025 By Max Gillespie

A&E Real Estate has acquired Rivers Bend, a 21-story rental apartment building on Manhattan’s Upper East Side. The company purchased the 179-unit property at 501 East 87th Street from Soloviev Group for $116.5 million, equating to approximately $547,000 per unit.

Housing Lottery Launches for 21 Garden Street in Bushwick, Brooklyn

7:00 am on March 14, 2025 By Vanessa Londono

The affordable housing lottery has launched for Cantilever House, an eight-story residential building at 21 Garden Street in Bushwick, Brooklyn. Designed by DXA Studio and developed by Rivington Company, the structure yields 50 residences. Available on NYC Housing Connect are 15 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $64,046 to $181,740.

Permits Filed for 11-27 Foam Place in Far Rockaway, Queens

6:30 am on March 14, 2025 By Vanessa Londono

Permits have been filed for an eight-story residential building at 11-27 Foam Place in Far Rockaway, Queens. Located between Smith Place and Beach 18 Street, the lot is near the Far Rockaway-Mott Avenue subway station, served by the S trains. Peter Abowitz is listed as the owner behind the applications.

First Phase of MADE Bush Terminal Wraps Up Construction in Sunset Park, Brooklyn

8:00 am on March 13, 2025 By Michael Young

Construction is finishing up on 13 42nd Street, a five-story building in the first phase of the 36-acre MADE Bush Terminal development in Sunset Park, Brooklyn. Designed by nARCHITECTS and Perkins Eastman, and developed by the New York City Economic Development Corporation (NYCEDC), the two-phase project involves the conversion of abandoned industrial buildings into new manufacturing and studio hubs, as well as the creation of public recreation space. MADE stands for Manufacturers, Artisans, Designers, and Entrepreneurs.

Rendering of Jasper. Designed by S9 Architecture

Jasper Nears Completion at 49-20 5th Street In Long Island City, Queens

7:30 am on March 13, 2025 By Max Gillespie

Construction is nearing completion on Jasper, a mixed-use development at 49-20 5th Street in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group, the property yields 499 apartments in studio to three-bedroom layouts. Move-ins are expected to begin in spring 2025. The property is located between 49th and 50th Avenues near the East River waterfront.

Housing Lottery Launches for Astoria Towers II in Corona, Queens

7:00 am on March 13, 2025 By Vanessa Londono

The affordable housing lottery has launched for Astoria Towers II, an eight-story senior residential building at 32-14 111th Street in Corona, Queens. Designed by Michels & Waldron Associates and developed by Essex Plaza Management, the structure yields 168 residences. Available on NYC Housing Connect are 73 units for senior residents at 60 percent of the area median income (AMI), ranging in eligible income from $0 to $69,900.

Permits Filed for 926 Mother Gaston Boulevard in Brownsville, Brooklyn

6:30 am on March 13, 2025 By Vanessa Londono

Permits have been filed for an eight-story mixed-use building at 926 Mother Gaston Boulevard in Brownsville, Brooklyn. Located at the intersection of Linden Boulevard and Mother Gaston Boulevard, the lot is near the New Lots Avenue subway station, serviced by the L train. Westorchard Management is listed as the owner behind the applications.

Rendering of 1498-1538 Coney Island Avenue

1508 Coney Island Avenue Wraps Up Construction in Midwood, Brooklyn

8:00 am on March 12, 2025 By Michael Young and Matt Pruznick

Exterior work is finishing up on 1508 Coney Island Avenue, a ten-story commercial building in Midwood, Brooklyn. Designed by SHoP Architects and developed by Baruch Singer, the 215,379-square-foot structure will yield approximately 112,000 square feet of Class A office space on floors two through ten and 51,000 square feet of retail space on the first three stories. The building will also feature an enclosed garage with a Unitronics Automated Parking System. The property is located on a 33,976-square-foot parcel at the corner of Coney Island Avenue and Avenue L.

Rendering of Monmouth Square, courtesy of Kushner

Kushner Announces New Tenants For Monmouth Square Redevelopment In Eatontown, New Jersey

7:30 am on March 12, 2025 By Max Gillespie

Kushner has announced the addition of several new tenants to Monmouth Square, a $500 million redevelopment of the Monmouth Mall in Eatontown, New Jersey. Designed in collaboration between Minno + Wasko and retail architects Benoy and the Dietz Partnership, the project aims to create a modern, open-air destination for retail, dining, leisure, and residential living. New tenants include Prince Street Pizza, Cava, Van Leeuwen Ice Cream, Offshore Coffee, and STRONG Pilates, bringing the pre-leased retail and restaurant space to 75 percent of the development’s 990,000 square feet.

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