Articles by Michael Young and Matt Pruznick

43-20 24th Street Tops Out in Long Island City, Queens

8:00 am on July 1, 2024 By Michael Young and Matt Pruznick

Construction has topped out on 43-30 24th Street, a 66-story residential skyscraper in Long Island City, Queens. Designed by Hill West Architects and developed and built by Carmel Partners, the 731-foot-tall tower will yield 921 units spread across 838,000 square feet and 17,400 square feet of ground-floor retail space. The property is bound by 43rd Avenue to the north, 44th Road to the south, 24th Street to the east, and 23rd Street to the west.

49-18 Vernon Boulevard Begins Construction in Long Island City, Queens

7:30 am on July 1, 2024 By Michael Young and Matt Pruznick

Construction has begun at 49-18 Vernon Boulevard, the site of a five-story mixed-use building in Long Island City, Queens. Designed by Gerald J. Caliendo R.A., A.I.A. Architect and developed by V&F 4918 LLC, the structure will yield an undisclosed number of residential units and ground-floor retail space. The property is located at the corner of Vernon Boulevard and 50th Avenue.

29 Jay Street Nears Completion In DUMBO, Brooklyn

8:00 am on June 30, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. The property is located at the northeast corner of Jay and Plymouth Streets.

101 Fleet Place’s Exterior Progresses in Downtown Brooklyn

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

Exterior work is progressing on 101 Fleet Place, a 21-story residential building in Downtown Brooklyn. Designed by JFA Architects & Engineers and developed by The Jay Group under the 101 Fleet Place LLC, the 215-foot-tall structure will span 240,092 square feet and yield 292 rental apartments with an average scope of 806 square feet, as well as 4,645 square feet of commercial space, a cellar level, a 30-foot-long rear yard, and 44 enclosed parking spaces. The property was purchased from the Leser Group for $40 million in December 2021 and is located on an interior lot between Myrtle Avenue to the north and Willoughby Street to the south.

71 Prince Street Nears Topping Out in Downtown Brooklyn

8:00 am on June 29, 2024 By Michael Young and Matt Pruznick

Construction is close to topping out on 71 Prince Street, a 31-story residential building in Downtown Brooklyn. Designed by Aufgang Architects and developed by Maddd Equities, the $132 million project is expected to span 436,600 square feet and yield 465 rental units, 4,000 square feet of retail space, and 40 to 50 enclosed parking spots. Brooklyn Red Sauce LLC is listed as the owner of the property, which is alternately addressed as 202 Tillary Street and located on a 19,500-square-foot L-shaped parcel with frontages on Prince and Tillary Streets.

Updated Renderings Revealed For Foster + Partners’ PENN15 Supertall Proposal in Midtown, Manhattan

8:00 am on June 25, 2024 By Michael Young and Matt Pruznick

A new series of renderings has been released for PENN15, a proposed commercial supertall skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the project’s scope was recently reduced from 56 to 50 stories and 1,200 feet to 1,000 feet, and will now yield 2.2 million square feet of office space, down from 2.7 million. The property is located along Seventh Avenue between West 32nd and 33rd Streets, directly across from Penn Station.

89 Dekalb Avenue Rises in Fort Greene, Brooklyn

7:30 am on June 25, 2024 By Michael Young and Matt Pruznick

Construction is rising on 89 Dekalb Avenue, a 30-story mixed-use building in Fort Greene, Brooklyn. Designed by Perkins Eastman and developed by RXR, the 348-foot-tall structure will span 289,000 square feet and yield 324 rental apartments with 98 rent-stabilized units, as well as 55,000 square feet of academic space for Long Island University, a cellar level, a 30-foot-long rear yard, two loading berths, nearly 15,000 square feet of amenities, and an enclosed parking garage for up to 198 vehicles with electric vehicle charging stations. Whitehall Interiors is the interior designer, and RXR LIU PII Developer TRS LLC is listed as the owner of the property, which is located on an interior lot by the corner of Dekalb Avenue and Ashland Place.

The Brook Tops Out At 589 Fulton Street in Downtown Brooklyn

8:00 am on June 24, 2024 By Michael Young and Matt Pruznick

Construction has topped out on The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the 575-foot-tall structure will span 557,973 square feet and yield 591 rental units with an average scope of 827 square feet, with 30 percent of the inventory reserved for affordable housing, as well as 68,693 square feet of retail space, a cellar level, and two floors of recreational and sports amenities. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the project, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

Chelsea Canvas Wraps Up Construction At 280 West 24th Street in Chelsea, Manhattan

8:00 am on June 23, 2024 By Michael Young and Matt Pruznick

Construction is wrapping up on Chelsea Canvas, a 14-story mixed-use building at 280 West 24th Street 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 spans 132,700 square feet and will yield 190 rental apartments in studio to three-bedroom layouts, as well as 33,000 square feet of retail space on the ground floor and cellar levels. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project, which was formerly addressed as 278 Eighth Avenue and is located along Eighth Avenue between West 23rd and West 24th Streets.

Work Continues on One High Line’s Public Plaza, Retail Space at 500 West 18th Street in Chelsea, Manhattan

7:30 am on June 23, 2024 By Michael Young and Matt Pruznick

Work is progressing on the public plaza and ground-floor retail space at One High Line, a two-tower residential development at 500 West 18th Street in Chelsea, Manhattan. Designed by Bjarke Ingels Group and developed by Witkoff Group and Access Industries, the twisting 36- and 26-story structures will span combined 900,000 square feet and yield 236 condominium units in one- to five-bedroom layouts, as well as a hotel component operated by Faena Hotel and ground-floor retail space. The property is alternately addressed as 76 Eleventh Avenue and stands adjacent to the High Line on a trapezoidal plot bound by West 18th Street to the north, West 17th Street to the south, Tenth Avenue to the east, and West Street to the west.

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Articles by Michael Young and Matt Pruznick

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