Sunset Yards, a ten-story converted factory, is now open for business at 341 39th Street in Sunset Park, Brooklyn. Completed by New Gables Capital, the building will serve as the new home of the Brooklyn Prospect Sunset Yards Elementary School and New York Studio Factory, a coworking venture that provides space for musicians, producers, artists, and small local businesses.
Construction has topped out on Myrtle Point, a 17-story rental tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens. Designed by S9 Architecture and developed in collaboration by Arch Companies and AB Capstone, the building will be the tallest residential property in the Ridgewood-Bushwick area and is expected to debut in 2023.
Foundation work is underway at 14 Fifth Avenue, the site of a 19-story residential building in Greenwich Village. Designed by Robert A.M. Stern Architects and Hill West Architects and developed by Madison Realty Capital, which purchased the 5,255-square-foot plot for $27.5 million in 2015, the 241-foot-tall structure will yield 20 condominium units. CM & Associates is the general contractor for the property, which is located between East 8th and East 9th Streets, just north of Washington Square Park.
Construction is set to go vertical on 625 Fulton Street, a 35-story mixed-use tower in Downtown Brooklyn. Designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group with $450 million in construction financing from Madison Realty Capital, the structure will yield 1,098 units, 26,000 square feet of retail space, and a parking garage for up to 250 vehicles. Galaxy Developers is the general contractor for the property, which is bound by the 34-story 80 DeKalb Avenue to the north, Fulton Street to the south, Rockwell Place to the east, and Hudson Avenue to the west.
Construction has topped out on 69-02 Queens Boulevard, a pair of 12- and 15-story mixed-use buildings on the border of Elmhurst and Woodside, Queens. Designed by Perkins Eastman and developed in partnership with the New York City School Construction Authority and Madison Realty Capital, the 500,000-square-foot complex will yield 478 mixed-income apartments, a public school, and retail and public outdoor space. McNamara Salvia is the structural engineer and Omnibuild is the general contractor for the project, which is located on a plot of land bound by Queens Boulevard to the north, 69th Street to the east, 70th Street to the west and 47th Avenue to the south.
