Naftali Group

New Renderings Released For Williamsburg Wharf At 464-484 Kent Avenue in Williamsburg, Brooklyn

8:00 am on May 2, 2024 By Michael Young

New renderings have been revealed for Williamsburg Wharf, a 3.75-acre mixed-use development at 464-484 Kent Avenue on the South Williamsburg waterfront in Brooklyn. Developed by Naftali Group and Access Industries, the multi-phase master plan will yield approximately 1 million square feet of residential, commercial, and retail space, along with a public esplanade stretching nearly 525 feet along the East River. Williamsburg Wharf will feature five 22-story residential towers housing nearly 850 condominium and rental units designed by Brandon Haw Architecture, COOKFOX Architects, Rockwell Group, Ward + Gray, Studio Munge, and Hill West Architects. SERHANT New Development is handling sales and marketing for the first residential tower, with sales slated to launch later this year. The site is bound by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

Naftali Group Files Permits for 21-Story Tower at 1 Division Avenue in Williamsburg, Brooklyn

7:00 am on January 10, 2024 By Vanessa Londono

Permits have been filed for a 21-story tower at 1 Division Avenue in Williamsburg, Brooklyn. Located between the waterfront and Kent Avenue, the lot is near the South Williamsburg ferry stop and the Marcy Avenue subway station, serviced by the J, M, and Z trains. Naftali Group is listed as the owner behind the applications and also responsible the complex rising nearby at 470-490 Kent Avenue.

Rendering of 470-490 Kent Avenue, designed by Hill West Architects

Three-Tower Complex Rises at 470-490 Kent Avenue in South Williamsburg, Brooklyn

7:30 am on December 24, 2023 By Michael Young and Matt Pruznick

Construction is rising on 470-490 Kent Avenue, a three-tower residential complex along the East River waterfront in South Williamsburg, Brooklyn. Designed by Brooklyn-based Brandon Haw Architecture LLP with Hill West Architects as the executive architect of record and developed by Naftali Group and Access Industries, the development will span 645,000 square feet and yield 607 units, including 89 condominiums, as well as 19,000 square feet of commercial space and a suite of amenities. New Line Structures & Development LLC is the general contractor for the project, which occupies a 4-acre plot bound by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.

Site of 255 E 77th Street, via Apple Maps

Naftali Group Secures $236 Million Loan For 255 East 77th Street on Manhattan’s Upper East Side

7:30 am on December 21, 2023 By Max Gillespie

Naftali Group has secured a $236 million construction loan for 255 East 77th Street, a 36-story residential skyscraper on Manhattan’s Upper East Side. Provided by J.P. Morgan and Starwood Capital, the loan will will help complete the 500-foot-tall structure, which is currently in the excavation phase.

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street

Developer Secures $48M Loan for 64-Story Skyscraper at 111 Washington Street in the Financial District

7:00 am on July 31, 2023 By Sebastian Morris

Grubb Properties has closed on an $86 million loan to construct a residential skyscraper at 111 Washington Street in Manhattan’s Financial District. The development was originally addressed as 8 Carlisle Street and was expected to top out at 50 stories. Updated plans specify a 64-story tower with more than 326,000 square feet of interior space.

Finishing Touches Continue on RAMSA’s 200 East 83rd Street on Manhattan’s Upper East Side

8:00 am on May 30, 2023 By Michael Young and Matt Pruznick

Construction is finishing up on 200 East 83rd Street, a 35-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 489-foot-tall structure will yield 205,877 square feet and 86 condominium units with sales and marketing by Compass Development Marketing Group, as well as 3,033 square feet of ground-floor retail space and parking for 26 vehicles. SLCE Architects is the architect of record and Leeding Builders Group is the general contractor for the property, which is located at the corner of Third Avenue and East 83rd Street.

YIMBY Tours The Bellemont at 1165 Madison Avenue on Manhattan’s Upper East Side

8:00 am on May 23, 2023 By Michael Young and Matt Pruznick

YIMBY toured the interiors of The Bellemont, a 13-story residential building nearing completion at 1165 Madison Avenue on Manhattan’s Upper East Side. Designed by Robert A. M. Stern Architects with SLCE Architects as the architect of record and developed by Naftali Group, the 210-foot-tall structure spans 67,680 square feet and will yield 11 condominium units designed by by Achille Salvagni, as well as 3,749 square feet of ground-floor retail space. Titanium Construction Services is the general contractor and Compass Development Marketing Group is leading sales and marketing for the property, which is located at the corner of Madison Avenue and East 86th Street, a short walk from Central Park.

Demolition Begins at 207-221 West 84th Street on Manhattan’s Upper West Side

7:30 am on March 19, 2023 By Michael Young

Demolition is getting underway at 207-221 West 84th Street, the site of an 18-story residential building on Manhattan’s Upper West Side. Designed by Hill West Architects and developed by Naftali Group, which purchased the assemblage of properties for $71 million last year, the new 209-foot-tall structure will yield 154,598 square feet with 45 condominium units spread across 151,700 square feet, as well as 2,898 square feet of ground-floor retail space, a cellar level, and 17 enclosed parking spaces. The project spans nearly 250 feet from the corner of Broadway to the middle of the block.

RAMSA’s 200 East 83rd Street Wrapping Up Construction on Manhattan’s Upper East Side

8:00 am on December 4, 2022 By Michael Young

At number 28 on our annual construction countdown of the tallest projects underway in the city is 200 East 83rd Street, a 35-story residential tower nearing completion in the Yorkville section of Manhattan’s Upper East Side. Designed by Robert A.M. Stern Architects and developed by Naftali Group and Rockefeller Group, the 489-foot-tall structure will yield 205,877 square feet and 86 condominium units with sales and marketing led by Compass Development Marketing Group, as well as 3,033 square feet of ground-floor retail space and parking for 26 vehicles. SLCE Architects is the architect of record and Leeding Builders Group is the general contractor for the property, which is located at the corner of Third Avenue and East 83rd Street.

Demolition Progresses at 255 East 77th Street on Manhattan’s Upper East Side

8:00 am on December 1, 2022 By Michael Young

Kicking off our annual end-of-year countdown of the 31 tallest projects underway in New York is 255 East 77th Street, a forthcoming 36-story residential tower on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Naftali Group, the 475-foot-tall structure will yield 170,481 square feet with 55 units, as well as 3,861 square feet of retail space, two cellar levels, and 33 enclosed parking spaces. Alba Services is the general contractor for the property, which is alternately addressed as 1481 Second Avenue and located at the corner of Second Avenue and East 77th Street.

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