NYC Developments Expand Residential and Cultural Space

NYC Developments Expand Residential and Cultural Space

From new residential developments to the expansion of museums, there are many projects taking place throughout New York City that deserve a second look.

21-Building Affordable Housing Complex Proposed for East New York

Monadnock Development is moving forward with plans to build a 21-building affordable housing complex in East New York on the site located at 389-516 Schroeders Avenue, 127-129 Gateway Drive and 1111-1123 Ashford Street. If constructed, the project would bring 240 affordable homes across 20 four-sory buildings and one 11-story building. The complex would consist of three studios, 98 one-bedrooms, 132 two-bedrooms and seven three-bedroom homes.

Mercedes Dealership to Be Replaced by 723-Foot Condo

Nearly two years after Silverstein Properties dropped its plans to bring an 1,100-foot tower to Midtown with 1,400 apartments, the developer has announced plans to move toward building two smaller buildings on the same site. According to plans filed with the city, the project would consist of a 57-story building rising 723 feet and featuring 63,000 square feet of commercial space. The commercial portion of the building would take up the first five floors of the building. Plans are also in development for a large outdoor space on the fourth floor.

The development, which will be designed by CetraRuddy, would be located at 520 West 41st Street in the place of where a Mercedes-Benz dealership once stood. The dealership, which has since been demolished, was purchased for $115 million.

ARC Offers Rentals Starting at $1,800 per Month

The amenity-packed ARC rental development has hit the market with rental prices starting at $1,800 per month. Located in Long Island City a 30-02 29th Avenue, the 10-story development was designed by GKV Architects. And features 428 studios, one- and two-bedroom apartments. Individual apartments are furnished with features such as nine-foot-high ceilings, wide plank hardwood floors, contemporary open kitchens, floor-to-ceiling windows and washer/dryer units. Some of the apartments will also boast magnificent views of the Manhattan skyline.

The building itself will also offer a number of amenities for residents. Among these is 24-hour concierge, a catering kitchen, co-work spaces and a catering kitchen. Other amenities include a 5,000-square-foot fitness center, a resident’s lounge, a yoga and spin studio, year-round greenhouse and a 70-foot-long saltwater rooftop pool with barbecues and bocce courts on the roof. The building also offers a golf simulator, a game room with vintage arcade games and an outdoor exercise space.

The building topped out in January and leasing began this month. Prices go from $1,800 per month for studios, $2,300 for one-bedroom units and $3,500 for two-bedrooms.

American Museum of Natural History Plans Five-Story Expansion

The American Museum of Natural History is moving forward with a $340 million expansion. Led by Studio Gang, the expansion will involve development of a 245,000-square-foot wing known as the Richard Gilder Center for Science, Education and Innovation. When complete, the expansion will stand five-stories tall on the western side of the existing museum. Some of the wing’s features will include a Butterfly Vivarium, the Interpretive Wall, the Invisible Worlds Theater, an insectarium and several new classrooms. Construction is set to be complete by 2020.


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