280 Kent Avenue. Designed by REX.

1,262-Unit Two-Skyscraper Development Rises at 280 Kent Avenue in Williamsburg, Brooklyn

Construction is progressing on 280 Kent Avenue, a two-skyscraper residential complex along the Williamsburg waterfront in Brooklyn. Designed by REX and developed by Two Trees, the twin 50-story structures will stand 591 feet tall and span roughly 1.17 million square feet with 1,262 units. The project will also include 12,230 square feet of commercial space and an enclosed parking garage. Twenty-five percent of the homes will be reserved for affordable housing. The project, also known as Building B in the five-structure Domino Sugar masterplan, spans an entire city block bounded by South 1st Street to the north, South 2nd Street to the south, Kent Avenue to the east, and River Street to the west.

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Financing Closes For Renovation Of Nostrand Houses In Sheepshead Bay, Brooklyn

Financing has closed for the $607 million comprehensive modernization of Nostrand Houses, a 16-building public housing development at 2241 Batchelder Street in Sheepshead Bay, Brooklyn. Led by the New York City Housing Authority, the New York City Public Housing Preservation Trust, and the New York City Housing Development Corporation, the project will fully rehabilitate 1,148 apartments and modernize building systems across the development for approximately 2,000 residents. The scope also includes new elevators, upgraded security systems, enhanced accessibility, and a new on-site property management office staffed by more than 40 personnel.

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The Chrysler Building. Photo by Michael Young.

Renderings Revealed for Chrysler Building Renovations in Midtown East, Manhattan

The first renderings have been revealed for the recently announced renovation of the Chrysler Building, the 77-story Art Deco icon at 405 Lexington Avenue in Midtown East, Manhattan. Led by Tishman Speyer, which just finalized a $235 million deal to acquire the skyscraper in a joint venture with The Cooper Union, the project will modernize at least 75 percent of the 1.3-million-square-foot structure’s work space and will restore its façade, including the world-famous crown and spire.

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