Tower 77’s Façade Wraps Up at 77 Commercial Street in Greenpoint, Brooklyn

8:00 am on August 18, 2023 By Michael Young

Exterior work is nearing completion on Tower 77, a two-tower residential development at 77 Commercial Street in Greenpoint, Brooklyn. Designed by CetraRuddy and developed by Clipper Equity, the architecturally identical 30- and 40-story towers will collectively yield 811,000 square feet and 520 rental units, with 200 designated for affordable housing. The 331- and 429-foot-tall reinforced concrete superstructures both sit atop a seven-story podium that will contain 25,000 square feet of retail space and a 300-vehicle below-grade parking garage. Ray Builders is the general contractor and Hatfield Group is the façade consultant for the property, which is located next to the Greenpoint Landing master plan near the intersection of Commercial and Box Streets.

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Housing Lottery Launches for The Eliza at 4790 Broadway in Inwood, Manhattan

7:00 am on August 18, 2023 By Vanessa Londono

The affordable housing lottery has launched for The Eliza, a 14-story mixed-use building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and developed by the Community League of the Heights in a joint venture with Children’s Village, Ranger Properties, Alembic Community Development, and Housing Workshop, the structure yields 174 residences. Available on NYC Housing Connect are 138 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $16,183 to $105,060.

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Redevelopment of 22 Vanderbilt by Milstein Properties Nears Completion

8:00 am on August 17, 2023 By Vanessa Londono

The massive modernization and redevelopment of Class A office building 22 Vanderbilt is nearing its completion. Owned by Milstein Properties, the 1.1 million-square-foot Midtown tower with direct underground access to Grand Central Terminal, is receiving over 275,000 square feet of hospitality-driven amenity spaces and services designed by SHoP Architects. Formerly known as 335 Madison, 22 Vanderbilt is among the most sought-after office buildings in New York City due to its direct connections to transit hubs, upgraded building system, and expansive amenity package. Since its rebranding in early 2023, over 120,000 square feet of leases have been signed, including one of Midtown’s largest new leases in 2023 with global public relations firm Joele Frank.

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