Construction Update

109 East 79th Street. Rendering by Noë & Associates with The Boundary

Sales Launch for 109 East 79th Street on Manhattan’s Upper East Side

Sales have launched for the topped-out 109 East 79th Street, a 20-story residential building under construction on Manhattan’s Upper East Side. Designed by Steven Harris Architects and developed by Legion Investment Group, the 210-foot-tall structure will yield 145,000 square feet divided into 31 condominiums, some spanning over 6,000 square feet. Corcoran Sunshine Marketing Group is the exclusive marketing and sales agent for the two- to five-bedroom residences. Cauldwall Wingate is the general contractor for the project, which is located between Lexington and Park Avenues. The Cathy Franklin Team is handling on-site sales and pricing begins at $5.5 million for a two-bedroom residence to $35 million for a full-floor penthouse with private roof terrace. Interiors and landscaping are being done by Rees Roberts + Partners.

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New York Korea Center Continues to Progress at 122-126 East 32nd Street in Murray Hill, Manhattan

Work is continuing to progress behind scaffolding on the New York Korea Center, a seven-story structure at 122-126 East 32nd Street in Murray Hill. Designed by Samoo Architects and Engineers (SAMOO) and developed by Level Group, the 36,500-square-foot edifice will serve as the headquarters for the Consulate General of the Republic of Korea in New York, which purchased the property in March 2008 at a cost of $15.8 million. This sale also included the use of nearly 4,500 square feet of air rights. Construction took a quite some time to commence, and ground broke in June 2018 for the 120-foot-tall project. KSK Construction Group is the general contractor for the building, which sits between Park Avenue South and Lexington Avenue. The developers are aiming for LEED Certification.

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Calyer Place Waterfront Complex Continues to Rise Over Greenpoint, Brooklyn

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

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‘The Avenue’ Retail Wing Opens at American Dream Mall in East Rutherford, New Jersey

The Avenue, a vast retail wing of the American Dream Mall, has opened its doors to the public. Located at 1 American Dream Way in East Rutherford, New Jersey, The Avenue is the latest addition to the 3.3-million-square-foot destination, which has gradually opened after a temporary half-year closure in 2020. The long wing is located on the eastern end of the complex and focuses on designer retail shops, with Saks Fifth Avenue as the largest tenant.

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SOM’s 1245 Broadway Nears Completion in NoMad, Manhattan

Exterior work is wrapping up on 1245 Broadway, a 23-story commercial building in NoMad. Designed by Skidmore Owings & Merrill and developed by GDSNY and Sweden-based Klövern AB, the 318-foot-tall, LEED Gold structure will yield 200,000 square feet of office space with leasing handled by CBRE. StructureTech NY and Triton Construction are building the Midtown, Manhattan project, which stands at the corner of West 31st Street and Broadway.

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