Construction Update

One Boerum Place Nears 21-Story Parapet in Downtown Brooklyn

Construction on One Boerum Place in Downtown Brooklyn is getting close to topping out. The 21-story mixed-use condominium building is rising from a narrow triangular-shaped parcel bound by Boerum Place, Red Hook Lane, and Fulton Street. The project is designed by SLCE Architects and is being developed by Avery Hall InvestmentsAllegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. The total cost is expected to be around $250 million.

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540 Fulton Street, designed by Marvel Architects

Installation Begins on 540 Fulton Street’s Façade in Downtown Brooklyn

Installation has begun on the first portions of the glass curtain wall of the main profile at 540 Fulton Street, a mixed-use skyscraper in Downtown Brooklyn. Located at the corner of Fulton Street and Flatbush Avenue, work on the 511-foot-tall reinforced concrete structure topped out in the fourth quarter of 2019. The 43-story building is designed by Marvel Architects and developed by Jenel Management. The project will contain 330,000 square feet, with 71,844 square feet allocated to commercial use and 22,054 square feet designated for retail on the lower floors. The remaining 239,142 square feet will be spread across 327 residential units. Zebian International Facade Solutions is the manufacturer for the curtain wall.

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Loft Conversion and Expansion Continues at 168 Plymouth Street in DUMBO

Alloy Development‘s 46-unit residential conversion project at 168 Plymouth Street is taking shape in the DUMBO, Brooklyn Historic District following approvals from the Landmarks Preservation Commission. The steel structure of the addition is being assembled atop the 99-year-old Concrete Daylight Factory, aka 42 Jay Street. Simultaneously, the adjacent 129-year-old Brick & Timber Building, aka 50 Jay Street, is also getting a one-story expansion.

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