Articles by Michael Young and Matt Pruznick

1333 Broadway Nears Completion in Bushwick, Brooklyn

8:00 am on September 19, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 1333 Broadway, a 22-story mixed-use building in Bushwick, Brooklyn. Designed by GF55 Architects and developed by Ekstein Development Group under the 1333 Broadway LLC, the 206-foot-tall structure will span 136,000 square feet and yield 115 rental units, with 30 thirty percent dedicated to affordable housing, as well as office space, a community facility, and ground-floor retail. The property is located on a rectangular parcel at the intersection of Broadway and Linden Street.

Demolition to Begin for New Louis Vuitton Flagship at 1 East 57th Street in Midtown, Manhattan

8:00 am on September 18, 2024 By Michael Young and Matt Pruznick

Demolition preparations are underway for a redesigned Louis Vuitton flagship store and office building at 1 East 57th Street in Midtown, Manhattan. Developed by parent company LVMH Moët Hennessy Louis Vuitton, which recently completed a similar renovation and expansion of the Tiffany & Co. flagship across 57th Street at 720 Fifth Avenue, the project could potentially increase the scope of Louis Vuitton’s 20-story structure to more than double its current size, from 91,060 to 230,000 square feet. The property is located at the corner of Fifth Avenue and East 57th Street along Billionaires’ Row.

Nova Towers Gains Approval From Historic Preservation Commission of Newark, New Jersey

8:00 am on September 17, 2024 By Michael Young and Matt Pruznick

The Newark Landmarks and Historic Preservation Commission has approved Nova Towers, a two-tower residential proposal set to rise at 16-38 William Street in the Four Corners Historic District in downtown Newark, New Jersey. Designed by INOA Architecture and developed by KS Group LLC, the structures are planned to both stand 488 feet tall and yield a combined 712 residential units in studio to two-bedroom layouts. The property currently features a number of low-rise commercial structures that will have to be demolished, and is bound by William Street to the north, a surface level parking lot to the south, Chapel Court to the east, and Halsey Street to the west.

77 Gerry Street Nears Completion in South Williamsburg, Brooklyn

7:30 am on September 17, 2024 By Michael Young and Matt Pruznick

Construction nears completion on 77 Gerry Street, a five-story residential building in the Broadway Triangle section of South Williamsburg, Brooklyn. Designed by Studio Gallos for Congregation Divrei Yoel, the 85-foot-tall structure will span 37,183 square feet and yield 14 units with an average scope of 1,877 square feet, as well as a 10,904-square-foot community facility on levels one through three. The formerly vacant property is situated on an interior lot between Throop and Harrison Avenues.

Silverstein Properties Unveils Scale Models of 2 and 5 World Trade Center Skyscrapers in Financial District, Manhattan

8:00 am on September 16, 2024 By Michael Young and Matt Pruznick

Developer Silverstein Properties recently debuted a series of architectural models to preview the latest designs of 2 and 5 World Trade Center in Manhattan’s Financial District. Designed by Lord Norman Foster of Foster + Partners, 2 World Trade Center is planned to rise 80 stories and 1,348 feet tall, just 20 feet shorter than the roof height of 1 World Trade Center, and will yield office space. Kohn Pedersen Fox is the designer for 5 World Trade Center, a residential skyscraper co-developed by Brookfield Properties with a planned height of 920 feet. The 2 World Trade Center plot is located within the original 16-acre World Trade Center complex bound by Vesey, Fulton, Greenwich, and Church Streets. The 5 World Trade Center site is located to the south of Liberty Park and bound by Greenwich, Albany, and Washington Streets.

758-760 Metropolitan Avenue Stands Topped Out in Williamsburg, Brooklyn

8:00 am on September 15, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 758-760 Metropolitan Avenue, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by New York Design Architects, LLP for Brooklyn Boyz Developers LLC, the 70-foot-tall structure will yield ten residential units with an average scope of 860 square feet, as well as 4,000 square feet of ground-floor commercial space and a 35-foot-long rear yard. The property will be split into two separate addresses and is situated on an interior lot between Humboldt Street to the east and Graham Avenue to the west.

297 Wallabout Street Nears Completion in South Williamsburg, Brooklyn

7:30 am on September 15, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 297 Wallabout Street, a six-story residential building in the Broadway Triangle section of South Williamsburg, Brooklyn. Designed by Jongmin Kim Architects for Wallabout 295 Group, the 79-foot-tall structure will span 31,760 square feet and yield five condominium units with an average scope of 4,436 square feet, as well as a cellar level, a 30-foot-long rear yard, and five enclosed parking spaces. The property is located on an interior lot between Throop and Harrison Avenues.

Kay’s Place Rises Past Halfway Mark at 487 4th Avenue in Park Slope, Brooklyn

8:00 am on September 14, 2024 By Michael Young and Matt Pruznick

Construction is rising on Kay’s Place, an 11-story mixed-use building at 487 4th Avenue in Park Slope, Brooklyn. Designed by Aufgang Architects and developed and built by Procida Companies under the 487 4th Avenue Managers LLC, the 107-foot-tall structure will span 49,308 square feet and yield 44 affordable rental units with an average scope of 864 square feet, as well as 2,154 square feet of ground-floor commercial space, a cellar level, and one enclosed parking space. Ten of the units will be one-bedroom apartments for residents with developmental disabilities, and a portion of the remainder will be reserved for the formerly homeless. The property is located at the corner of 4th Avenue and 12th Street.

Rendering of 737 4th Avenue, courtesy of Marino PR

737 4th Avenue Tops Out in Sunset Park, Brooklyn

8:00 am on September 13, 2024 By Michael Young and Matt Pruznick

Construction recently topped out on 737 4th Avenue, a 14-story mixed-use residential building in Sunset Park, Brooklyn. Designed by Dencityworks Architecture and developed by BEB Capital, Totem/Ailanthus, and SK Development, the 145-foot-tall structure will span 193,000 square feet and yield 187 mixed-income rental units with 46 dedicated to affordable housing, as well as 6,200 square feet of ground-floor retail space with a 1,275-square-foot executed lease to former tenant Dunkin Donuts, which operated at the former occupant of the property before its demolition. The project is located between 24th and 25th Streets.

3 St. Mark’s Place Nears Completion in East Village, Manhattan

8:00 am on September 12, 2024 By Michael Young and Matt Pruznick

Construction nears completion on 3 St. Mark’s Place, an eight-story commercial building in Manhattan’s East Village. Designed by Morris Adjmi Architects and developed by Real Estate Equities Corporation, the structure will yield 53,000 square feet of office space, 7,700 square feet of ground-floor retail space, a cellar level, and three wraparound terraces on the fifth, eighth, and roof levels. The property is alternately addressed as 23-25 Third Avenue and is located at the corner of Third Avenue and St. Mark’s Place.

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Articles by Michael Young and Matt Pruznick

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