# NEW YORK | 733-739 2nd Avenue | FT | FLOORS **URL:** \ **Category:** Under Construction\ **Created:** [January 21, 2023, 5:11pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331 "2023-01-21T17:11:50Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![007](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/007/32/119215_2.png) [@007](https://forum.newyorkyimby.com/u/007)\ **Post date:** [January 21, 2023, 5:11pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/1 "2023-01-21T17:11:50Z")
> **[Demo Permits Filed for 733-739 Second Avenue in Midtown East, Manhattan - New...](https://newyorkyimby.com/2022/08/demo-permits-filed-for-733-739-second-avenue-in-midtown-east-manhattan.html)** > > Demolition permits have been filed for four adjacent parcels at 733-739 Second Avenue in Midtown East, Manhattan. ---
**Author:** ![robertwalpole](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/robertwalpole/32/15739_2.png) [@robertwalpole](https://forum.newyorkyimby.com/u/robertwalpole)\ **Post date:** [January 21, 2023, 5:15pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/2 "2023-01-21T17:15:44Z")
Second Ave in Midtown is largely pretty crappy, so I welcome new development. ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [January 21, 2023, 5:37pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/3 "2023-01-21T17:37:14Z")
Great news. I walked by there this morning and got a sense they were coming down. Can’t wait to see what it will be replaced with. ![IMG_1654](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/c/c/ccbf0480f06ec032875f43c682beaaf6582d05aa.jpeg) ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [April 5, 2023, 1:56am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/4 "2023-04-05T01:56:16Z")
Earlier today ![IMG_3297](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/7/47504d28d2f564471bf0ebe95af93eb6870333bf.jpeg) ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [May 26, 2023, 10:19pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/5 "2023-05-26T22:19:23Z")
Earlier today ![IMG_3600](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/2/1237e28782b9956378a85ccf1369797ed0190b3a.jpeg) ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [July 3, 2023, 7:42pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/6 "2023-07-03T19:42:54Z")
Coming down soon. ![IMG_4939](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/4/d/4de5f8eb17192f1426f62592622465178c9be0bf.jpeg) ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [August 12, 2023, 11:10am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/7 "2023-08-12T11:10:42Z")
> **[Excavation and Demolition Underway at 729-739 Second Avenue in Murray Hill,...](https://newyorkyimby.com/2023/08/excavation-and-demolition-underway-at-729-739-second-avenue-in-murray-hill-manhattan.html)** > > Demolition is progressing at 729 Second Avenue, the site of a new 20-story, 157-unit project from CetraRuddy and Brause Realty in Murray Hill, Manhattan. Michael Young photo ![image](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/a/d/ad77d9658c0e7452cbff82d9817bfa9bef87e01f.jpeg) ---
**Author:** ![GSPLover](https://avatars.discourse-cdn.com/v4/letter/g/8c91f0/32.png) [@GSPLover](https://forum.newyorkyimby.com/u/GSPLover)\ **Post date:** [August 12, 2023, 8:53pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/8 "2023-08-12T20:53:47Z")
Any renderings of what will be built? ---
**Author:** ![Waymond\_Womano](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/waymond_womano/32/7078_2.png) [@Waymond\_Womano](https://forum.newyorkyimby.com/u/Waymond_Womano)\ **Post date:** [October 4, 2023, 1:22am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/9 "2023-10-04T01:22:54Z")
Earlier today ![IMG_4305](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/b/f/bf544e41b6b46154622c809bc5fcef21d02f8937.jpeg) ![IMG_4304](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/1/3/132cfe11e53411c0a469d8fb82522786ba46999d.jpeg) ---
**Author:** ![chused](https://avatars.discourse-cdn.com/v4/letter/c/90ced4/32.png) [@chused](https://forum.newyorkyimby.com/u/chused)\ **Post date:** [October 4, 2023, 7:47pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/10 "2023-10-04T19:47:13Z")
Should be changed to under construction. ---
**Author:** ![apophenic](https://avatars.discourse-cdn.com/v4/letter/a/a9adbd/32.png) [@apophenic](https://forum.newyorkyimby.com/u/apophenic)\ **Post date:** [October 4, 2023, 7:53pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/11 "2023-10-04T19:53:05Z")
Not till we see foundation work. 20 stories is disappointingly short for 40th Street in midtown Manhattan. It’s puzzling the law limits the height to only 20 stories in a place surrounded by 40+ story buildings and with such excellent transit, access to jobs, and infrastructure. ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [October 6, 2023, 9:36pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/12 "2023-10-06T21:36:16Z")
![IMG_6622](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/8/b/8b922e8f911b4a0d8a4a4b8f49638e5b201376bb.jpeg) ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [November 22, 2023, 7:02pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/13 "2023-11-22T19:02:45Z")
![IMG_6892](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/8/2889e422465c80dbdf7a636601f37ac24fa4e1f3.jpeg) ![IMG_6891](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/2/0/202f0ddb9a060ab22dbb48bbd99d6b7951588318.jpeg) ![IMG_6890](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/b/eb2d9ba75049606e44cfafe4a163c9ee3db03e78.jpeg) ---
**Author:** ![Rodolfo\_Tanno](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/rodolfo_tanno/32/143560_2.png) [@Rodolfo\_Tanno](https://forum.newyorkyimby.com/u/Rodolfo_Tanno)\ **Post date:** [January 8, 2024, 7:37pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/14 "2024-01-08T19:37:21Z")
I got something like this. Any way to get the blueprints? ![00115-3980383622](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/e/8/e899ae2aa3437907ba85543c56e3be34a8f9c273.jpeg) ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [February 6, 2024, 1:30am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/15 "2024-02-06T01:30:06Z")
![PXL_20240205_173504265~2](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/d/7d09e009298eb5b37b16207cb063a36271d87d64.jpeg) ---
**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\ **Post date:** [February 6, 2024, 2:41pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/16 "2024-02-06T14:41:09Z")
Looks like some lot line windows will be lost. ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [February 15, 2024, 4:36pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/17 "2024-02-15T16:36:55Z")
Loan secured. > **[JP Morgan Lends $75M to Build Rentals in Manhattan](https://therealdeal.com/new-york/2024/02/15/jp-morgan-lends-75m-to-build-rentals-in-manhattan/)** > > Commercial banking giant is pushing out loans for projects that can still qualify for the 421a tax abatement. ---
**Author:** ![stache](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/stache/32/30186_2.png) [@stache](https://forum.newyorkyimby.com/u/stache)\ **Post date:** [February 16, 2024, 4:53pm UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/18 "2024-02-16T16:53:00Z")
Another day, another buzzer-beating construction loan from. The world’s largest commercial bank provided [$75 million in construction financing to Brause Realty for its 20-story building with 157 apartments at 729 Second Avenue in Murray Hill. The rental offering will include 48 affordable units in order to receive the 421a tax abatement, a tax-relief program that spurred new development projects. The program expired in the summer of 2022 for projects that did not already have its footings in the ground, and a construction deadline looms ahead for the summer of 2026. The program was targeted by [critics for not supplying enough apartments to middle- and low-income households. Lenders have their own requirements, however, and projects must generally be completed a year ahead of the city’s deadline and meet construction targets along the way. A failure to hit such benchmarks can be considered a default of the loan agreement. Construction has been underway at the project, also known by its address at 251 East 39th Street, since October, according to Brause. The structure will span 154,000-square-feet and rise 220 feet on the corner of Second Avenue and 39th Street. CetraRuddy is the architect of record. Renderings show a glass facade with a series of setbacks beginning on the 15th floor. The Brause family has owned portions of the development site since the 1960s, Brause president David Brause [told Crain’s last summer. The company did not immediately respond to a request for comment about the project’s construction financing. Brause Realty began as a stationery store in the 1920s, according to the company’s website, before owners Jack and Samuel Brause realized that trading real estate was more lucrative than selling paper, pens and envelopes. ---
**Author:** ![JC\_Heights](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/jc_heights/32/90668_2.png) [@JC\_Heights](https://forum.newyorkyimby.com/u/JC_Heights)\ **Post date:** [May 4, 2024, 2:13am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/19 "2024-05-04T02:13:59Z")
![1000023671](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/6/0/603b1f629c60b98c42cd7b6886a079c278ba0c8c.jpeg) ---
**Author:** ![AntonioL](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.newyorkyimby.com/antoniol/32/139225_2.png) [@AntonioL](https://forum.newyorkyimby.com/u/AntonioL)\ **Post date:** [June 27, 2024, 3:00am UTC](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331/20 "2024-06-27T03:00:26Z")
Going up fast. ![IMG_8413](https://us1.discourse-cdn.com/flex019/uploads/yimby/original/3X/7/a/7ae7b3bb05f23cc9230f17718c999c3d2bc3c3ac.jpeg) [Next page](https://forum.newyorkyimby.com/t/new-york-733-739-2nd-avenue-ft-floors/22331.md?page=2)