535 4th Avenue [Commercial Observer]: Slate Property Group, partnered with Adam America and AEW Capital, has released renderings of their 11-story, 148-unit mixed-use building of 130,000 square feet planned for 535 4th Avenue, in Park Slope. Commercial space will span 12,500 square feet, and Aufgang Architects is designing.
551 Waverly Avenue [Crain’s New York]: A two-story building — located at 551 Waverly Avenue, in Clinton Hill — has been purchased by Madison Realty Capital for $23.5 million. The property is a prime development site, although the scope of building potential is unknown, and the current structure could be demolished to make way for a residential project.
606 West 57th Street, rendering via TF Cornerstone
606 West 57th Street [Commercial Observer]: TF Cornerstone has received a $384 million loan for their 42-story, 1,028-unit mixed-use, 1.2 million square-foot development project spanning 602-606 West 57th Street, on the Far West Side. Demolition of the existing low-rise structures “is set to commence before the year’s end,” and groundbreaking is expected in early 2015 for a Spring 2017 completion.
86-01 23rd Avenue [Vaughn College]: A “massive $41 million expansion and renovation” of the Vaughn College of Aeronautics and Technology — located at 86-01 23rd Avenue, in East Elmhurst — has recently been unveiled. The facility contains the latest in research and education technology, and Ensign Engineering, Stalco Construction, and John Ciardullo Associates are behind the improvements.
1800 Park Avenue, rendering by ODA Architecture
1800 Park Avenue [Harlem+Bespoke]: Excavation has begun at 1800 Park Avenue, in Harlem — the site of a 32-story, 682-unit mixed-use project of 696,900 square feet being developed by The Continuum Company. Completion can likely be expected in 2016.
44-41 Purves Street, rendering via Zephyr Construction Management
44-41 Purves Street [The Court Square Blog]: Rabsky Group made significant progress on their 25-story, 284-unit residential building of 207,595 square feet spanning 44-35 – 44-51 Purves Street, in Long Island City. The façade is being prepared for installation, and on-site signage notes an anticipated completion in Winter 2017, but at this rate, expect an earlier delivery date.
Oosten, rendering by Think Architecture and WASA Architects
429 Kent Avenue [Brownstoner]: The Oosten — being built XIN Development Group at 421-429 Kent Avenue, in Williamsburg — has risen to the third floor. The 492,000 square-foot project will eventually rise seven stories and contain 213 residential units, and will include an inner courtyard.
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