Articles by Michael Young and Matt Pruznick

1 Park Point Wraps Up Construction in Windsor Terrace, Brooklyn

Construction is finishing up on 1 Park Point, a 13-story residential building in Windsor Terrace, Brooklyn. Designed by FXCollaborative and developed by Focus Property Group, a subsidiary of JEMB Realty, the 145-foot-tall structure will span 395,726 square feet and yield 375 rental units with an average scope of 798 square feet, as well as 5,388 square feet of retail space, 18,850 square feet of community space, a cellar level, and 106 enclosed parking spaces. Twenty-five percent of the residential units will be dedicated to affordable housing. Pavarini McGovern served as the general contractor for the property, which was formerly addressed as 11 Ocean Parkway and is located on Machate Circle at the southwestern corner of Prospect Park, bound by Ocean Parkway, Coney Island Avenue, and Caton Place.

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Façade Installation Progresses on 204 4th Avenue in Gowanus, Brooklyn

Façade installation is moving along on 204 4th Avenue, a 13-story residential building in Gowanus, Brooklyn. Designed by L+Z Architecture and developed by Avery Hall and Gindi Capital, the 200,000-square-foot structure will yield 193 rental units and 14,000 square feet of ground-floor retail space. The property is alternately addressed as 655 Union Street and bound by Sackett Street to the north and Raul Vasquez Jr. Place to the south.

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Renovation Work Wraps Up At 27 Park Place in Tribeca, Manhattan

Renovation work is finishing up on 27 Park Place, a five-story commercial building in Tribeca. Designed by Michael Schmitt Architect PC, the project involves a full interior and exterior refurbishment following a six-alarm fire that heavily damaged the structure in 2017. The property is bound by Murray Street to the north, Park Place to the south, and Church Street to the west.

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Exterior Work Continues on 1 Park Row in Financial District, Manhattan

Façade installation is progressing on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will span 103,000 square feet and yield 58 condominium units in one- to three-bedroom layouts, as well as 19,000 square feet of office and retail space on the lower levels. 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

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Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Foundations Take Shape For 64-Story Residential Skyscraper at 111 Washington Street in Financial District, Manhattan

Foundations are progressing at 111 Washington Street, the site of a 64-story residential skyscraper in Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project last summer, the 712-foot-tall structure will span 326,221 square feet and yield 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. The development is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets, south of the nearby World Trade Center complex.

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