Construction Update

Rendering of Union Square Tech Training Center at 124 East 14th Street

Union Square Tech Training Center Begins Ascent at 124 East 14th Street in Union Square

Construction on Davis Brody Bond‘s 21-story tech hub at 124 East 14th Street is now two stories above street level in Union Square. The Union Square Tech Training Center will eventually yield 254,000 square feet and include a mix of affordable and market-rate office space for tech companies, retail, and dining facilities managed by Urbanspace. Private entities RAL Development and Suffolk Construction are also part of the development team.

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Construction on BKSK Architect’s 127 Leroy Street Nears Completion in the West Village

Construction is nearing completion on 127 Leroy Street, a nine-story residential building in the West Village. Designed by BKSK Architects and developed by Shibumi Development, the 124-foot-tall reinforced concrete structure topped out in early 2018 and the glass and stone curtain wall is now substantially complete, with only small portions on the top floors left to be enclosed. The site is bounded by Leroy Street, Washington Street, and Greenwich Street, and was formerly occupied by a one-story warehouse for Pat LaFrieda Meat Purveyors, which has since moved to North Bergen, New Jersey.

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25 Kent Avenue Completes Construction in Williamsburg, Brooklyn

25 Kent Avenue in North Williamsburg, Brooklyn is designed by Hollwich Kushner with Gensler as the design development architect. The eight-story building features a distinctive stepped massing and spans an entire city block, yielding half a million square feet of office space with 15-foot ceilings. The project is developed by Rubenstein Partners and Heritage Equity Partners, who are continuing to fill the property and aim for full occupancy by the middle of 2021. 25 Kent Avenue is the first commercial office building to be constructed in the area in more than 40 years.

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Exterior Work Progresses on 329 Broadway in Williamsburg, Brooklyn

Exterior work is moving along on 329 Broadway, a 17-story mixed-use building in Williamsburg, Brooklyn. Designed by Syndicate Architecture and developed by Parkview Management, the 195-foot-tall reinforced concrete structure spans 175,000 square feet and will contain 63 units, more than 59,000 square feet of retail area on the first two floors, and around 24,500 square feet of community facilities on the third and fourth floors. JLJ Capital recently provided $57 million in financing for the project.

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Leasing Launches for Two Blue Slip in Greenpoint, Brooklyn

Leasing has launched for the 421 units at Two Blue Slip, aka 41 Blue Slip, a 40-story residential tower on the East River waterfront in GreenpointBrooklyn. Designed by Handel Architects and developed by Park Tower Group and Brookfield Property Partners, the reinforced concrete structure is the tallest completed building in the 22-acre Greenpoint Landing master plan, which is also being developed by L+M Development Partners.

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