In March, we stopped by 41-05 29th Street and saw that excavation work had started at the future home of a 24-story mixed-used building.1 When we stopped by last week, we saw that excavation is mostly complete, and that foundation work is underway, as seen in the photo below. The permit for the new building was approved back in November.2 Work is expected to be complete in 2021.
More details on the site come from New York YIMBY:3
The 290-foot tall structure will yield 69,980 square feet within, with 66,940 square feet dedicated to residential use, and 2,050 square feet dedicated for ground-floor retail use. 84 apartments will be created, averaging 797 square feet apiece, indicating larger rental units. Tenants will have access to a fitness center, lobby, library, and children’s lounge. Onsite storage will be created with a capacity for 41 bicycles.