Articles by Michael Young

Silverstein Updates YIMBY On Continued World Trade Center Progress as Work on Perelman PAC Gains Momentum

As we look back today in remembrance of September 11, 2001, it’s affirming to appreciate the progress that has been made on the new World Trade Center Complex, especially over the last handful of years. The development has restored a vertical prowess to the Financial District and the Lower Manhattan skyline, given rise to a stunning new transit center topped by by Santiago Calatrava‘s Oculus, and will soon become a cultural destination as well. Construction has resumed for the Ronald O. Perelman Performing Arts Center, tenants are steadily filling the 2.5 million square feet of office space at Three World Trade Center, and tourists and locals are experiencing Memorial Glade, the newest section of the 9/11 Memorial. YIMBY also checks in on the current state of Two World Trade Center and Five World Trade Center.

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The Dime’s Glass Installation Nears Completion, at 209 Havemeyer Street in Williamsburg, Brooklyn

The installation of the outside envelope on all levels of  “The Dime” in Williamsburg, Brooklyn is nearing the finishing mark. The topped-out, 23-story mixed-use complex is located at 209 Havemeyer Street and stands close to the elevated Marcy Avenue subway station. Fogarty Finger Architecture is in charge of designing the new building, which rises behind the 111-year-old, landmarked Dime Savings Bank, while Charney Construction & Development and Tavros Holdings are developing the 350,000-square-foot complex.  Douglas Elliman is handling leasing, JLL is the commercial broker, and Ripco is handling the retail component.

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329 Broadway Tops Out Over Williamsburg, Brooklyn

Construction has topped out on 329 Broadway, a 17-story mixed-use residential tower in Williamsburg, Brooklyn. Designed by Syndicate Architecture and developed by Parkview Management, the 195-foot-tall structure contains 175,000 square feet of newly built space. The development will feature 63 units, more than 59,000 square feet of retail area on the first two floors, and around 24,500 square feet of community facilities on the third and fourth floors. JLJ Capital recently provided $57 million in financing for the project.

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Exterior Work on One South First Nears Completion in Williamsburg, Brooklyn

Exterior work is wrapping up on One South First, the tallest new building to be constructed in the Williamsburg waterfront development of Domino Park. Formally addressed as 260 Kent Avenue, the reinforced concrete structure rises on the northern end of the master plan and is part of the large-scale revitalization of the Domino Sugar factory site. The 435-foot-tall mixed-use project will soon yield 330 rentals, 66 affordable units, and 150,000 square feet of office space among 22 floors, as well as 13,000 square feet of ground-floor retail space. COOKFOX is the architect of the tower and Two Trees Management is the developer.

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Exterior Brick Curtain Wall Wraps Up on 187 Kent Avenue in Williamsburg, Brooklyn

Work on 187 Kent Avenue‘s exterior is nearing completion in Williamsburg, Brooklyn. The industrial-inspired red masonry façade with its scattered pattern of white bricks is fully installed, and the structure is just awaiting the completion of appointments on the tall lower-level arches. Diego Aguilera Architects P.C. is the architect of record for the seven-story mixed-use residential building, while CW Realty Management, which purchased the site for $43 million, is the developer. 187 Kent Avenue will yield 140,036 square feet of newly built space.

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