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Bungalow Projects, in a joint venture with Bain Capital, Real Estate, submitted a new building construction project for a 155,069 square-foot film and television production studio at 145 Wolcott Street in Red Hook, Brooklyn. The plan was filed with the New York City Department of Buildings on June 27, 2024 under job number B01061966. It calls for the construction of a six-story building. The project…

Zinoviy Zaltsman and Aleksandr Zaltsman of PSZ5, LLC submitted a new building construction project for a 36-unit, 46,356 square-foot residential (R-2) building at 240 19th Street at the corner of 5th Avenue, in Greenwood Heights, Brooklyn. The plan was filed with the New York City Department of Buildings on June 25, 2024 under job number B01042844. It calls for the construction of a six-story building….

Flushing based-W&L Group submitted a condominium plan through the entity NYC Henry Street Group LLC to create 80 residential units and 21 commercial units in a building at 59 Henry Street in Chinatown, Manhattan, called 59 Henry Street Condominium that has a $129.8 million sellout, according to an June 14, 2024 submission to the New York State Attorney General. The principals of the sponsor, NYC…

Rybak Development submitted a new building construction project for a 26-unit, 34,734 square-foot residential (R-2) building at 218 Madison Avenue at the corner of East 36 Street, in Grand Central, Manhattan. The plan was filed with the New York City Department of Buildings on June 14, 2024 under job number M01042409. It calls for the construction of a 10-story building. The project is described in…

Last month the number of residential units developers filed new building plans for in New York City declined slightly compared with the prior two months, but the number of units filed in conversions rose to its highest level in seven months. Real estate investors are closely watching the development filings to see the reaction to the new 485x tax incentive signed into law in late…

Cheskel Schwimmer of Chess Builders submitted a new building construction project for a 56-unit, 53,307-square-foot residential (R-2) building at 555 West 45th Street. The plan was filed on May 23, 2024. It calls for the construction of a 66-foot tall, seven-story building and was filed with the New York City Department of Buildings under job number M01039403. The architect is S. Wieder Architect P.C. The…