Articles by Michael Young

Excavation Begins For One Boerum Place, in Downtown Brooklyn

8:00 am on April 19, 2019 By Michael Young

Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.

Construction at David Adjaye’s 130 William Street Reaches Final Two Floors, in the Financial District

8:00 am on April 18, 2019 By Michael Young

Construction at 130 William Street is two floors from topping out over the Financial District. The upcoming condominium tower is the first project in New York City by Sir David Adjaye of Adjaye Associates. Hill West Architects is the architect of record while Lightstone Group is the developer. The 66-story development will rise 800 feet tall and yield 244 units marketed by Corcoran Sunshine.

Art Deco-Inspired Rose Hill Begins Ascent at 30 East 29th Street in NoMad

8:00 am on April 17, 2019 By Michael Young

Construction on 30 East 29th Street, aka Rose Hill, is moving along quickly in NoMad. Work on the foundations wrapped up in January and now the upcoming 639-foot-tall structure is several floors above street level. The upcoming 49-story project is located between Park Avenue South and Madison Avenue and is being designed by CetraRuddy Architecture and developed by the Rockefeller Group. The residential high-rise will incorporate an Art Deco-inspired design, setting it apart from other neighboring towers rising in the development boom, responsible for changing the skyline south of the Empire State Building.

Visible Construction Halts as One Seaport Allegedly Begins To Lean, at 161 Maiden Lane, in the Financial District

8:00 am on April 16, 2019 By Michael Young

Construction at One Seaport, aka 161 Maiden Lane, has been noticeably paused for the past several months. The 60-story reinforced concrete structure topped-out back in early September, and it was unclear until recently why further progress had halted. However, new reports have revealed the 670-foot-tall building is actually leaning three inches to the north, leading to a series of legal disputes between Fortis Property Group, LLC, the developer, and Pizzarotti LLC, the current contractor. The project is being designed by Hill West Architects while Groves & Co is serving as the interior designer. Douglas Elliman is handling sales of the units.

Exterior Work on 25 Great Jones Nearing Completion in NoHo

7:00 am on April 16, 2019 By Michael Young

Work on 25 Great Jones Street, aka 22 Bond Street, is another step closer to completion. This will be a new 11-story condominium project in the NoHo neighborhood. It is located on a thin rectangular parcel of land that spans between Great Jones Street and Bond Street. BKSK Architects is the designer while Second Development Services and Richport Group are the two developers. The exterior glass on the northern elevation is finished while the first segments of the dark-colored steel fins on the upper floors of the building have begun installation. A total of six units will begin at $9.8 million with the penthouse reportedly set to span about 4,000 square feet.

Night rendering of the New York City skyline featuring 66 Hudson Boulevard. Credit: BIG/Tishman Speyer.

The Spiral’s First Steel Column Dedicated at 66 Hudson Boulevard, in Hudson Yards

8:00 am on April 15, 2019 By Michael Young

Recently developer Tishman Speyer held a dedication ceremony to install the first steel column at the site of 66 Hudson Boulevard, aka The Spiral. A number of people signed the white-colored steel beam before it was raised into place, marking a major step in the construction process for the upcoming supertall office building. The 2.85-million-square-foot structure is located in Hudson Yards and will be designed by Bjarke Ingels of Bjarke Ingels Group (BIG). Turner Construction Company is the construction manager while Banker Steel is in charge of fabricating the steel for the 65-story tower.

Work Completed at Gene Kaufman Architect’s ML House at 1050 Sixth Avenue, in Midtown

7:30 am on April 15, 2019 By Michael Young

Work has completed at 1050 Sixth Avenue, a 24-story building designed by Gene Kaufman Architects and developed by Skyline Developers. Called ML House, it sits to the south of Bryant Park by the corner of Sixth Avenue and West 40th Street. The tower is fully enclosed and features 62 studio to two-bedroom units that are now 50 percent leased. This is the only ground-up residential rental building surrounding Bryant Park.

United Arab Emirates Consulate Tops Out at 315 East 46th Street in Midtown East

8:00 am on April 14, 2019 By Michael Young

Construction has topped out at 315 East 46th Street in the Midtown East neighborhood of Turtle Bay. The site was once planned as 25-story condominium tower, but the project was scrapped due to financial issues during the early years of the Great Recession. Now, nearly ten years later, the property is heading toward completion as the nine-story home of the consulate of the United Arab Emirates. The reinforced concrete structure is being designed by Skidmore Owings & Merrill and developed by Fisher Brothers. Plaza Construction is building the 145-foot tall tower and will soon begin to install the curtain wall.

YIMBY Tours The Residences at 111 Leroy Street in the West Village

7:30 am on April 14, 2019 By Michael Young

Work on 111 Leroy Street in the West Village is making steady progress. The upcoming 10-story project, which is located between Hudson Street and Greenwich Street, is being designed by Workshop APD and developed by Property Markets Group. There will be nine full-floor condominiums, called The Residences, and five adjacent single-family townhomes, called The Houses. Douglas Elliman is in charge of marketing and sales of the 14 residential units.

70 Schermerhorn Street Rises Above Street Level in Brooklyn Heights

8:00 am on April 13, 2019 By Michael Young

Construction at 70 Schermerhorn Street in Brooklyn Heights, Brooklyn is now above street level. The 12-story condominium is being designed by Eugene Colberg and developed by Lonicera Partners and Orange Management.

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Articles by Michael Young

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