Construction Update

241 West 28th Street’s Brick Façade Nears Completion in Chelsea, Manhattan

Façade work nears completion on 241 West 28th Street, a pair of 22-story residential buildings in Chelsea, Manhattan. Designed by COOKFOX and developed by MAG Partners, Atalaya, Safanad, and Qualitas, the 400,000-square-foot complex is aiming for LEED Silver certification and will yield 480 units with 30 percent reserved for low- and middle-income households, as well as 8,500 square feet of ground-floor retail space. Urban Atelier Group is the general contractor for the property, which is located between Seventh and Eighth Avenues with frontage on both West 28th and 29th Streets.

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Curtain Wall Installation Begins on FIT’s New Academic Building at 220 West 28th Street in Chelsea, Manhattan

Façade installation has begun on Fashion Institute of Technology‘s New Academic Building, a ten-story structure at 220 West 28th Street in Chelsea, Manhattan. Designed by SHoP Architects, the 110,000-square-foot facility is planned to achieve LEED Gold certification and will feature new classrooms, administrative offices, review and exhibition spaces, and a student quad illuminated by skylights. EE Cruz & Company did the foundations and Forte Construction Corp. is serving as the general contractor for the property, which is located between Seventh and Eighth Avenues.

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278 Eighth Avenue Passes Halfway Mark in Chelsea, Manhattan 

Construction has passed the halfway mark on 278 Eighth Avenue, a 14-story mixed-use building in Chelsea, Manhattan. Designed by FXCollaborative and developed by Alchemy-ABR Investment Partners and Chelsea 23rd Realty Corporation, an LLC affiliated with JJ Operating, the 175-foot-tall structure will yield 132,700 square feet with 190 rental apartments and multiple levels of retail space. Square Mile Capital and Pacific Western Bank provided $183 million in construction financing for the project. Leeding Builders Group is the general contractor for the property, which is located along Eighth Avenue between West 23rd and West 24th Streets.

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Excavation, Pilings Continue for The Brook at 589 Fulton Street in Downtown Brooklyn

Excavation and piling work is continuing for The Brook, a 51-story residential skyscraper at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff and Apollo Global Management, the 600-foot-tall tower will yield 591 units with 30 percent reserved for affordable housing, as well as 30,000 square feet of retail space and a 12,000-square-foot cellar level. Bonetti Kozerski is the interior designer and Suffolk Construction is the general contractor for the property, which is bound by DeKalb Avenue to the north, Fulton Street to the south, Flatbush Avenue diagonally to the east, and Bond Street to the west.

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Sales Launch for ONE11 Residences at Thompson Central Park in Midtown, Manhattan

GFI Development has launched sales for ONE11 Residences at Thompson Central Park, a collection of 99 condominium units on the top nine floors of the Thompson Central Park Hotel at 111 West 56th Street in Midtown, Manhattan. The residences start on the 34th floor and range from 549-square-foot one-bedroom apartments to 3,042-square-foot four-bedroom penthouse units with private terraces overlooking Central Park. Douglas Elliman Development Marketing is the exclusive sales and marketing agent for the residences, which start at $1.325 million and include optional turnkey furniture packages. The property is located between Sixth and Seventh Avenues and was formerly known as the Parker New York. Thomas Juul-Hansen led the design of the hotel’s revamped amenity and public spaces.

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