As the Moise Safra Cultural Center approaches full completion on Manhattan’s Upper East Side, YIMBY has an exclusive look at renderings of the forthcoming cultural hub’s exterior and interiors. Located at 130 East 82nd Street, the 14-story building will include 73,000 square feet of religious and recreational facilities, event spaces, dining halls, and office suites.
Permits have been filed for a 20-story mixed-use building at 1230 Madison Avenue, on the Upper East Side of Manhattan. The site is ideally located for culturally engaged residents, as it is on the same block as the Guggenheim Museum, and just six blocks away from the Metropolitan Museum of Art. Six blocks away is the 86th Street subway station, serviced by the 4, 5, and 6 trains. Real Estate Equities Corporation (R.E.E.C.) is behind the applications.
While YIMBY normally covers aggregate new building applications on an annual basis, this year, we have released our first mid-year pipeline report, and the results are surprisingly positive. After two years of declining applications following the frenzies of 2014 and 2015, the preliminary numbers for 2018 appear to be signaling a major uptick in activity. Year-over-year filings of new residential units have grown substantially, rising from 9,134 in the first six months of 2017, to 15,305 in 2018 — an increase of 67.5%.
A new 11-story building is about to rise on the Upper East Side, between East 74th Street & East 75th Street, along York Avenue. Permits for 1402 York Avenue were issued last month to begin construction on the new affordable housing structure, which will have a masonry and glass facade. The developer of the project is Crest Group.
Permits have been filed for two 12-story buildings at 212 and 224 West 124th Street in Harlem, Manhattan. The site is in the heart of Harlem, near Adam Clayton Powell Jr. Boulevard, and three blocks from the 125th Street subway station with the A, B, C, and D trains. Moses Strulowtiz of the CS Real Estate Group is behind the applications.
