Articles by Max Gillespie

2-20 and 2-21 Malt Drive in Hunters Point, Queens via NYC Housing Connect

Retail Leases Signed At 2-20 And 2-21 Malt Drive In Hunter’s Point, Queens

Several of the first ground-floor retail leases have been announced for 2-20 And 2-21 Malt Drive in Hunter’s Point, Queens, marking a step towards the project’s completion. Developed by TF Cornerstone and designed by SLCE, the two-tower development spans 1.43 million square feet and boasts 1,386 rental residences. Its design pays homage to the site’s history as a former sugar cane processing facility and later a beer distribution center, and notably will creates new public open spaces along Newtown Creek, including the recently opened Malt Drive Park.

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Photograph of 2736 Creston Avenue, via The Doe Fund

Deeply Affordable Housing Development Opens At 2736 Creston Avenue In The Bronx

A new Affordable Housing Services (AHS) site has opened at 2736 Creston Avenue in The Bronx, creating nearly 400 deeply affordable homes for New Yorkers in shelter through the AHS initiative in 2024. Created in collaboration between the New York City Department of Social Services (DSS) and The Doe Fund, a not-for-profit human services provider, the structure yields 63 residential units.

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Photograph of 505 State Street in Downtown Brooklyn. Credit: Pavel Bendov

Alloy Development Secures $290 Million for 505 State Street in Downtown Brooklyn

Alloy Development recently secured $290 million in permanent financing for 505 State Street, a 44-story all-electric tower in Downtown Brooklyn. Also designed by Alloy, the 482-foot-tall foot tall structure is nearing completion and will yield 441 rental apartments, with 45 designated for affordable housing. The Flatironesque building is located at the intersection of State Street and Flatbush Avenue.

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Photograph of Historic Front Street, via the Durst Organization

New Bar Opens At 36 Peck Slip Within Historic Front Street In Financial District, Manhattan

Peck Slip Social, a new whiskey-forward bar and social space, has opened at 36 Peck Slip within Historic Front Street in Manhattan’s Financial District. The 2,100-square-foot bar was cofounded by longtime Seaport residents and partners Alex Davis and Learan Kahanov, and designed to capture the spirit of the local community. It will join a variety of retail and food businesses within Historic Front Street.

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Rendering of East Tower at HDSN, via ny.gov

Development Team Announced for $1.35 Billion Mixed-Use Project at 418 Eleventh Avenue in Hudson Yards, Manhattan

Governor Kathy Hochul has selected the Hudson Boulevard Collective to construct HDSN (pronounced “Hudson”), a $1.35 billion two-tower complex at 418 Eleventh Avenue in Hudson Yards, Manhattan. The Collective, which is composed of BRP Companies, BXP, The Moinian Group, and Urbane Development, will lead the transformation of an underdeveloped plot known as Site K, which spans a full block between West 35th and 36th Streets along Eleventh Avenue, directly across from the Jacob K. Javits Convention Center.

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