Articles by Michael Young and Matt Pruznick

Inaugural Season Announced For Perelman Performing Arts Center in Financial District, Manhattan

8:00 am on June 23, 2023 By Michael Young and Matt Pruznick

Finishing touches are underway on the Perelman Performing Arts Center, a 138-foot-tall cubic structure in the 16-acre World Trade Center site in the Financial District. Designed by REX with Davis Brody Bond Architects as the executive architect and developed by The Perelman, the property will feature three performance spaces: the 450-seat John E. Zuccotti Theater, the 250-seat Mike Nichols Theater, and the 99-seat Doris Duke Foundation Theater. The halls can also be combined into a single 950-seat auditorium. The property is bound by Vesey Street to the north, Fulton Street to the south, Greenwich Street to the east, and Skidmore Owings & Merrill‘s One World Trade Center to the west.

Façade Installation Begins on 250 East 83rd Street on Manhattan’s Upper East Side

8:00 am on June 22, 2023 By Michael Young and Matt Pruznick

Façade installation is underway on 250 East 83rd Street, a 31-story residential building in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by The Torkian Group, the 370-foot-tall structure will yield 128 residential units with interiors by Lemay_id, as well as ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.

1299 Third Avenue Climbs Above Street Level on Manhattan’s Upper East Side

8:00 am on June 21, 2023 By Michael Young and Matt Pruznick

Construction is rising on 1299 Third Avenue, a 33-story residential tower on Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Elad Group, which purchased the plot for $61 million in April 2022, the 420-foot-tall structure will yield 47 condominium units. Press Builders is the general contractor for the property, which is located between East 74th and East 75th Streets.

262 Fifth Avenue Continues Rapid Ascent in NoMad, Manhattan

8:00 am on June 20, 2023 By Michael Young and Matt Pruznick

Construction is continuing to rise on 262 Fifth Avenue, a 56-story residential skyscraper in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 860-foot-tall structure will yield 26 condominium units averaging 3,200 square feet apiece with at least one becoming a quadruplex. GEA Consulting Engineers is the MEP engineer and CM & Associates Construction Management is the general contractor for the project, which located on a 5,000-square foot property on the southwest corner of Fifth Avenue and West 29th Street.

278 Eighth Avenue’s Brick Façade Progresses in Chelsea, Manhattan

8:00 am on June 19, 2023 By Michael Young and Matt Pruznick

Exterior work is progressing on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which is being constructed by Leeding Builders Group between West 23rd and West 24th Streets.

69 Adams Street’s Façade Takes Shape in DUMBO, Brooklyn

7:30 am on June 19, 2023 By Michael Young and Matt Pruznick

Façade installation is moving along on 69 Adams Street, a 26-story residential building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by Rabsky Group, the 280-foot-tall structure will span 258,200 square feet and yield 225 units in studio to two-bedroom layouts, as well as 60 feet of retail frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, York Street to the south, the elevated Manhattan Bridge roadway to the east, and Adams Street to the west.

Foundations Take Shape for Two-Building Complex at 218 Front Street in Vinegar Hill, Brooklyn

8:00 am on June 17, 2023 By Michael Young and Matt Pruznick

Foundations are taking shape at 218 Front Street, the site of a two-building residential complex in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect and developed and built by Chess Builders, the structures will yield seven stories and 218 rental apartments with 66 affordable housing units, as well as 350 square feet of commercial space and 180 square feet of community space. The site is bound by Front Street to the north and York Street to the south, and was formerly occupied by a one-story industrial warehouse and an open-air lumber yard.

111 Willoughby Street Prepares For Vertical Construction in Downtown Brooklyn

8:00 am on June 16, 2023 By Michael Young and Matt Pruznick

Foundation work is finishing up on 111 Willoughby Street, a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization, Triangle Equities, and Geolo Capital, the 437-foot-tall structure will yield 205,000 square feet with 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG, LLC is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.

540 Fulton Street, designed by Marvel Architects

The Paxton Wraps Up Construction at 540 Fulton Street in Downtown Brooklyn

8:00 am on June 15, 2023 By Michael Young and Matt Pruznick

Construction is finishing up on The Paxton, a 43-story mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 511-foot-tall structure spans 330,000 square feet and will yield 327 rental units in studio to three-bedroom layouts, as well as 137,075 square feet of office space and 33,000 square feet of retail space in the multi-story podium. MNS is handling sales and marketing for the homes at the property, which is located by the intersection of Flatbush Avenue and Fulton Street.

Rendering of 240 Willoughby Street - Courtesy of Rabsky Group

240 Willoughby Street Nears Topping Out in Fort Greene, Brooklyn

8:00 am on June 13, 2023 By Michael Young and Matt Pruznick

Construction is nearing topping out on 240 Willoughby Street, a 30-story residential building in Fort Greene, Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group, which purchased the property for $95 million in 2019, the structure will yield 300 rental units with 147 dedicated to affordable housing. 240 Willoughby LLC is the owner and Galaxy Developers is the general contractor for the project, which directly abuts an existing 21-story apartment building and is bound by Willoughby Street to the north, the Brooklyn Hospital Center to the south, Fort Greene Park to the east, and Ashland Place to the west.

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Articles by Michael Young and Matt Pruznick

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