Articles by Michael Young

Magnolia DUMBO Celebrates Grand Opening at 160 Front Street In DUMBO, Brooklyn

8:00 am on July 8, 2022 By Michael Young

Developers recently celebrated the grand opening of Magnolia DUMBO, a 21-story residential building at 160 Front Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by RXR Realty, the structure yields 320 rental apartments with marketing led by Douglas Elliman Development Marketing Group. New Line Structures served as the general contractor for the property, which is situated on a full block bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.

Excavation Begins at 403 East 79th Street on Manhattan’s Upper East Side

8:00 am on July 7, 2022 By Michael Young

Excavation is underway at 403 East 79th Street, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Designed by Perkins Eastman and developed by Extell Development Company, the structure will yield 400,000 square feet of Class A space, with the Hospital for Special Surgery as the anchor tenant, occupying 200,000 square feet across the first eight levels. Ancora Engineering is the engineer of record and Lendlease is the general contractor for the property, which is alternatively addressed as 1522 First Avenue and is located along First Avenue between East 79th and East 80th Streets.

130 William Street Wraps Up Construction in Financial District, Manhattan

8:00 am on July 6, 2022 By Michael Young

Construction is coming to a close on 130 William Street, a 66-story residential skyscraper in the Financial District. Designed by David Adjaye of Adjaye Associates and developed by Lightstone, the 800-foot-tall structure yields 242 units marketed by Corcoran Sunshine, with prices ranging from $1,300,000 for a one-bedroom apartment to $20,000,000 for a four-bedroom, full-floor penthouse. Hill West Architects served as architect of record for the property, which is bound by William, Fulton, and Gold Streets. Occupancy has already begun as finishing touches wrap up on the exterior.

One High Line Resumes Exterior Work at 76 Eleventh Avenue in Chelsea, Manhattan

8:00 am on July 5, 2022 By Michael Young

Exterior work has resumed on One High Line, a pair of 26- and 36-story mixed-use towers at 76 Eleventh Avenue in the Midtown, Manhattan neighborhood of Chelsea. Designed by Bjarke Ingels Group and developed by Witkoff Group, the 900,000-square-foot complex will yield 236 condominium units, 137 hotel rooms, 85,000 square feet of retail space, and a public plaza. Steve Witkoff purchased the property, formerly known as The XI, in a foreclosure sale for $900 million and partnered with Access Industries and Monroe Capital to complete the stalled project. Gilles & Boissier and Gabellini Sheppard Associates are the interior designers and Corcoran Sunshine Marketing Group is handling sales and marketing for the High Line-adjacent property, which is bound by Tenth Avenue to the east, West Street to the west, West 17th Street to the south, and West 18th Street to the north.

144 Barrow Street Tops Out in West Village, Manhattan

7:30 am on July 5, 2022 By Michael Young

Construction has topped out on 144 Barrow Street, a seven-story residential building in Manhattan‘s West Village. Designed by BKSK Architects and developed by 144 Barrow Street LLC, the 24,800-square-foot structure will yield 16 residential units and 1,800 square feet of ground-floor commercial space. Titanium Construction Services is the general contractor for the property, which is located on a relatively narrow 5,000-square-foot site bound by Christopher Street to the north and Barrow Street to the south.

Sutton Tower’s Exterior Nears Completion at 430 East 58th Street in Sutton Place, Manhattan

8:00 am on July 4, 2022 By Michael Young

Exterior work is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and Stephen B. Jacobs Group and developed by Gamma Real Estate and JVP Management, the 848-foot-tall reinforced concrete structure will yield 125 condominium units and a wide range of residential amenities. Corcoran Sunshine Marketing Group is handling sales and marketing for the property, which is alternately addressed as 3 Sutton Place and is located between Sutton Place South and First Avenue. Residences will be priced from approximately $2.5 million for a one-bedroom to $18 million for a full-floor unit.

45-30 Pearson Street’s Façade Continues to Take Shape in Long Island City, Queens

7:30 am on July 4, 2022 By Michael Young

Façade installation is shaping up on 45-30 Pearson Street, a 21-story residential building in Long Island City, Queens. Designed by Marvel Architects and developed by ZD Jasper Realty and Ascent Development, the 229-foot-tall structure will yield 62,000 square feet with 82 residential units averaging 750 square feet, as well as ground-floor retail space and 34 parking spaces. Tom Wu under Davis Street Development LLC is listed as the owner behind the applications, Modern Spaces is marketing the homes, and King Contracting Group is in charge of brickwork and the roofing for the property, which is located off Jackson Avenue between Pearson Street and Davis Street.

The West Completes Construction at 547 West 47th Street in Hell’s Kitchen, Manhattan

8:00 am on July 3, 2022 By Michael Young

Construction is complete on The West, a 12-story mixed-use building at 547 West 47th Street in Hell’s Kitchen. Designed by Concrete and StoneCycling and developed by CB Developers, SK Development, and Ironstate Development, the 201,000-square-foot structure yields 219 residential units ranging from studio to two-bedroom layouts as well as a 40,000-square-foot ground-floor Cadillac dealership. Corcoran Sunshine Marketing Group is handling sales and marketing, and CM & Associates Construction Management served as the general contractor for the property, which is bound by Eleventh Avenue to the west, West 47th Street to the south, and West 48th Street to the north.

601 Baltic Street Tops Out in Gowanus, Brooklyn

7:30 am on July 3, 2022 By Michael Young

Construction is progressing on 601 Baltic Street, a topped-out ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot structure will yield 25 condominium units spread across 22,659 square feet as well as 1,654 square feet of ground-floor retail space. Built By Grid is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.

Work Continues on Mandarin Oriental Residences Fifth Avenue at 685 Fifth Avenue in Midtown, Manhattan

8:00 am on July 2, 2022 By Michael Young

Work is continuing to progress on the Mandarin Oriental Residences Fifth Avenue, a 29-story building at 685 Fifth Avenue in Midtown and the first east coast residential-only property from the prestigious hotel brand. Designed by Marin Architects and developed by SHVO in partnership with Deutsche Finance, the $135 million project involves the construction of a ten-floor addition above a former commercial structure and the conversion of 100,000 square feet of office space, creating a total of 69 fully furnished turnkey condominium residences managed by Mandarin Oriental Hotel Group and marketed by Douglas Elliman Development Marketing. The Rinaldi Group of New York is the general contractor for the property, which is located between East 53rd and East 54th Streets. The Fifth Avenue retail frontage is marketed by Brookfield Properties.

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Articles by Michael Young

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