The Department of Buildings has approved the planned addition of 24 stories of residential units slated for the top of the Rego Center II mall.
On Dec. 10, the DOB issued a work permit to SLCE Architects, the company tasked with designing and building the structure atop the stores at the shopping center.
The building will stand 288 feet tall and contain 314 residential dwellings when completed, according to the DOB permit.
The Real Deal, a real estate website, reports that the construction cost should range between $100 million and $120 million.
Vornado Realty Trust, the owners of the proposed building, declined to comment on the matter.
There is no word on when construction will commence or what the target date for completion of the high-rise addition will be.
The plan for the residential building above the 160,000-square-foot shopping center was part of the original proposal that was presented to Community Board 6 in 2005, and the mall opened in 2010.