According to developer Wayne Moy, condominium sales will soon exceed 90 percent at 81 McGuinness Boulevard, a six-story residential building in Greenpoint, Brooklyn. The property was designed by Angelo Ng & Anthony Ng Architects and completed in 2020. Today, only one unit remains unsold, a two-bedroom, two-bathroom home priced at $1.59 million.
Permits have been filed for a 17-story mixed-use building at 3880 Ninth Avenue in Inwood, Manhattan. Located at the intersection of West 207th Street and Ninth Avenue, the lot is steps from the 207th Street subway station, serviced by the 1 train. The Jay Group is listed as the owner behind the applications.
Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall reinforced concrete structure will yield 200,000 square feet of office space with marketing and leasing handled by CBRE. StructureTech NY and Triton Construction are both in charge of building the Midtown, Manhattan property, which stands at the corner of West 31st Street and Broadway, a short walk from Koreatown, Herald Square, and Madison Square Park.
Construction is nearing topping out on 601 Baltic Street, a ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio PLLC and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot building will yield 25 units. Built By Grid LLC is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.
Following a ground-up renovation of 711 Fifth Avenue, Michael Shvo of SHVO has revealed new plans to transform the upper levels of the building into an exclusive, members-only destination. Core Club, a global social club, has inked a 20-year lease with SHVO to occupy 60,000 square feet spread across four floors.
