Construction Update

Aloft Hotel at 50 Trinity Place Tops Out in Financial District, Manhattan

Construction is topped out on 50 Trinity Place, a 28-story Aloft Hotel in the Financial District. Designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the property for $15 million in 2012, the 77,310-square-foot tower will yield 173 hotel rooms at the corner of Trinity Place and Rector Street, diagonally across from Trinity Church.

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Skyline Tower Completes Construction in Long Island City, Queens

Construction is now fully complete on Skyline Tower, the tallest skyscraper in Long Island City and all of Queens. Addressed as 23-15 44th Drive, the 68-story, 778-foot-tall edifice is designed by Hill West Architects and developed by United Construction & Development Group, FSA Capital, and Risland US Holdings LLC. Yielding 802 residences designed by Whitehall Interiors and marketed by Modern Spaces, residences range in price from $500,000 to $4 million. The site is located at the corner of 23rd Street to the west and 44th Drive to the south.

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45-18 Court Square’s Restoration and Addition Approaches Completion in Long Island City, Queens

Façade work is progressing toward completion on the Innolabs life science facility at 45-18 Court Square in Long Island CityQueens. Designed by Perkins + Will and developed by King Street Properties, Newmark Knight Frank, and GFP Real Estate, the project involves the restoration of a central building and construction of a six-story addition in multiple wings. The property is located just south of Jackson Avenue between Court Square West and Pearson Street, a short walk from the Court Square subway station, servicing the 7, E, and G trains.

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Multi-Tower Calyer Place Development Steadily Rises in Greenpoint, Brooklyn

Construction is rising on Calyer Place, a nearly 1 million-square-foot waterfront residential development in Greenpoint, Brooklyn. Designed by Cooper Robertson & Partners with SLCE Architects as the architect of record and developed by M&H Realty LLC, the project consists of a pair of 40-story towers along with 32- and 22-story siblings, and will yield 700,000 square feet of residential space with 700 apartments, 10,000 square feet of commercial space, 7,160 square feet for unspecified community facility use, and over 600 parking spaces. The site was once home to the historic Greenpoint Terminal Market, which suffered a ten-alarm fire and was demolished in 2017.

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173-175 Chrystie Street Progresses Behind Scaffolding on Manhattan’s Lower East Side

Work is progressing behind scaffolding on 173-175 Chrsytie Street, a topped-out ten-story residential building on Manhattan’s Lower East Side. Designed by ODA Architects and developed by Nexus Building Development Group, Inc., the 25,500-square-foot-structure will yield 13 units ranging from two- to three-bedroom layouts, as well as 1,537 square feet of ground-floor retail space. The structure stands opposite Sara D. Roosevelt Park and immediately to the north of two other current residential buildings from the same design and development team, 167 Chrystie Street and 165 Chrystie Street.

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