Exterior work is progressing on 42-52 Franklin Street, an eight-story commercial building in Greenpoint, Brooklyn. Developed by 42-52 Franklin St. Corp is the owner and Brooklyn Construction Group is the general contractor for the project, which is located on a 7,785-square-foot plot by the three-way intersection of Franklin, Calyer, and Banker Streets.
McSam Hotel Group recently secured a $35 million loan to complete a Marriott SpringHill Hotel currently under construction in Times Square, Manhattan. Located at 223 West 46th Street between Seventh and Eighth Avenues, the 200-key hotel is designed by Gene Kaufman Architects and will comprise around 70,000 square feet.
Permits have been filed for a seven-story mixed-use building at 365 Shepherd Avenue in East New York, Brooklyn. Located between Liberty Avenue and Glenmore Avenue, the interior lot is one block north of the Shepherd Avenue subway station, serviced by the A and C trains. Lois Murphy of Shepherd Glenmore HDFC is listed as the owner behind the applications.
Construction is nearing the finish line on The New York Korea Center, the new seven-story home of the Consulate General of the Republic of Korea at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 120-foot-tall structure will yield 36,500 square feet and is engineered to achieve LEED Certification. KSK Construction Group is the general contractor for the property, which is located on an interior lot between Park Avenue South and Lexington Avenue.
Related Companies and Atria Senior Living have opened Coterie Hudson Yards, a senior assisted living center at 505 West 35th Street in Hudson Yards, Manhattan. Designed by Handel Architects, the facility comprises 126 residences and is located within The Set, a 13-story residential tower offering 400 units.
