Construction has officially topped out on Valley National Bank’s new headquarters in Morristown, New Jersey. Designed by Gensler and developed in collaboration by SJP Properties and Scotto Properties, the building is located along Speedwell Avenue near Cattano Avenue and replaces several vacant commercial properties.
The affordable housing lottery has launched for 1110 DeKalb Avenue, a seven-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Eyal Levitt Architect and developed under the Tabi Tabi LLC, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $74,709 to $156,130.
Exterior work is getting closer to completion on The Brooklyn Tower, a 93-story residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by JDS Development, the 1,066-foot skyscraper stands as the tallest structure in the outer boroughs and will yield 550 residences, with 150 condominiums, 280 market-rate rentals, and 120 affordable rentals, as well as a 100,000-square-foot retail podium that incorporates the renovated landmarked Dime Savings Bank of Brooklyn. Gachot Studios is in charge of residential interior design, Krista Ninivaggi of Woods Bagot is handling amenity design, HMWhite is the landscape designer, R&R Scaffolding supplied the BMU, and Douglas Elliman Development Marketing Group is the exclusive marketing, sales, and leasing agent for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank of Brooklyn to the west.
Demolition is progressing at 22-09 Queens Plaza North, the site of a three-story industrial building in Long Island City, Queens. Developed by Criterion Group, which paid nearly $80 million for the site in 2019, the 65-foot-tall structure will yield 170,000 square feet of film studio and office space. The property occupies a full-block parcel bound by 41st Avenue to the northeast, 22nd Street to the northwest, 23rd Street to the southeast, and Queens Plaza North to the southwest. Construction was last estimated to cost $25.5 million.
Occupancy has begun at The Selby, a 237-unit apartment complex at 695 Merrick Avenue in Westbury, New York. The complex is the latest residential development from The Beechwood Organization, a Long Island-based developer that has built nearly 10,000 homes since the 1980s.
