32 West 48th Street’s Curtain Wall Nears Completion in Midtown, Manhattan

The 25th-tallest building on our year-end construction countdown is 32 West 48th Street, a 456-foot-tall boutique hotel tower to be called the Kimpton Midtown NYC in the Diamond District of Midtown, Manhattan. Designed by SLCE Architects and developed by Extell, the 31-story structure will span 213,158 square feet and yield 534 guest rooms operated by Kimpton Hotels & Restaurants, with an average scope of 316 square feet. The property is located between Fifth and Sixth Avenues, directly south of Rockefeller Center, with a narrow annex extending south to West 47th Street. INC Architecture & Design is handling interior design work.

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167-174 4th Avenue, via Google Maps

Pre-Development Loan Issued For 167-174 4th Avenue In Park Slope, Brooklyn

An $18.5 pre-development loan has been issued for 167-174 4th Avenue, a proposed 16-story residential building in Park Slope, Brooklyn. Developed by Urban Development Partners, the structure is planned to yield 133 rental units with an affordable housing component, as well as ground-floor retail space. Naftali Credit Partners provided the loan for the property, which is located between Douglass and Degraw Streets.

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Housing Lottery Launches for 499 President Street in Gowanus, Brooklyn

The affordable housing lottery has launched for 499 President Street, an eight-story residential building in Gowanus, Brooklyn. Designed by SLCE Architects and developed by The Brodsky Organization and Avery Hall Investments, the structure yields 430 residences. Available on NYC Housing Connect are 88 units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $31,235 to $167,700.

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Two-Tower Development Begins Ascent at 80 Clarkson Street in West Village, Manhattan

At number 26 in our countdown of the tallest construction projects in New York is 80 Clarkson Street, a 400- and 450-foot-tall two-tower residential complex along the Hudson River waterfront in Manhattan’s West Village. Designed by COOKFOX Architects with SLCE Architects as the architect of record and developed by Zeckendorf Development, Atlas Capital Group, and The Baupost Group, the 37- and 45-story buildings will span approximately 650,000 square feet and yield 100 condominium units, nearly 37,000 square feet of ground-floor retail space, and enclosed parking for 69 vehicles. The $1.25 billion development is bound by Clarkson Street to the north, West Houston Street to the south, West Street to the west, and the topped-out 19-story 570 Washington Street to the east.

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